Porsche Car Deliveries Rise by 10% in 2019 on Strong Europe Sales

Date : 01/13/2020 @ 11:25AM
Source : Dow Jones News
Stock : Volkswagen AG (VOW)
Quote : 171.75  1.1 (0.64%) @ 4:35PM
Volkswagen share price Chart

Porsche Car Deliveries Rise by 10% in 2019 on Strong Europe Sales

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By Carlo Martuscelli

 

Sales of Porsche brand automobiles rose by 10% in 2019, helped by a strong performance in the European market, the car maker said Monday.

The company, a division of Volkswagen AG (VOW.XE), delivered 280,800 cars in the year, an increase of 24,545 units on 2018. In Europe, sales increased by 15%, while sales in China shrugged off the overall negative trend for the automotive market in the region, rising 8%.

Parent Volkswagen said separately that sales of its own-brand cars in 2019 increased 0.5% to 6.3 million vehicles.

 

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

 

(END) Dow Jones Newswires

January 13, 2020 06:10 ET (11:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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