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2 Months : From Dec 2019 to Feb 2020
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 firstname.lastname@example.org; @carlomartu
(END) Dow Jones Newswires
January 13, 2020 06:10 ET (11:10 GMT)
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