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Porsche Q1 sales soar, but Taycan production issues remain

Teslarati

Porsche has released its Q1 sales report, and it’s a mixed bag for Europe’s most valuable car maker. Despite Porsche’s limited EV offerings compared to its traditional rivals and its newest competitor, Tesla, the brand has been making headway, with sales climbing consistently quarter over quarter.

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Porsche’s North American CEO Leaves Company

The Truth About Cars

President and CEO of Porsche Cars North America, Kjell Gruner, has left the company. The former Porsche AG chief marketing officer took the wheel to oversee our region less than three years ago and has reportedly made an abrupt exodus.& Gruner joined Porsche in 1999 from Boston Consulting Group.

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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard. Porsche: 2,350 Taycan (1.3% ).

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. READ MORE: We buy a used Porsche Taycan!

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Premium EV bargain hunting? 2024’s best cut-price prestige electric buys

EV Central

A mate bought a pre-loved Porsche Taycan RWD last week. But have you heard Porsche doesn’t mind charging for a few extras? Not easy shedding almost $100k in a year, but that’s the case for an ex-demo 4000km-old ’22 BMW i7 limo up for sale in Victoria. Just over a year old. Only 5600km on the clock.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

According to this report, the average used Tesla Model 3 and Model Y has only depreciated roughly 10% over the past three years, which is significantly less than counterparts from Mercedes, Lexus, and even Porsche. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

While luxury automakers Audi, Mercedes-Benz, and Porsche all marked September 2023 with increases in pricing compared to the same month a year prior, Tesla helped offset these increases with cuts of its own in the United States. At last check, we had 15 new EV models for sale that were not available a year earlier.