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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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Luxurious new K1 SUV added to Porsche EV charge, Cayenne to go electric

EV Central

A luxurious new electric seven-seat SUV to sit above the soon-to-be-EV Cayenne SUV has been confirmed by Porsche as part of its increasingly electrified future model mix. Codenamed K1, the new EV will be based on the SSP Sport architecture being developed by Porsche for the Volkswagen Group and arrive as soon as 2027.

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Porsche sticks to EV sales target with new electric Macan already seeing strong orders

Baua Electric

Porsche is launching four new vehicles this year, its most ever. This will include the new all-electric Macan EV , which Porsche says is already seeing strong orders. Porsche generated $44.2 Despite rising inflation and “exceptionally high investments,” Porsche maintained an operating return on sales of 18%.

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Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

A new all-electric luxury SUV is set to hit the market next year to compete with Tesla’s best-selling Model Y. Volvo is joining the luxury electric SUV market with its new EX60 launching next year. The new EX60 will rival premium models from Tesla, Porsche, BMW, and Mercedes-Benz. That’s up from 13 in Q4 2023.

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Porsche announces price increases after crushing earnings estimates

Teslarati

Porsche has announced a new set of price increases alongside its incredible Q1 financial report, which crushed investor expectations. Since the end of the pandemic, Porsche has seen nothing but success across the board. According to statements from the Porsche CFO, more increases are on the horizon. Porsche pulled in 10.1

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& With this in mind, Porsche’s CFO was recently quoted as saying European combustion bans will probably need to be delayed and there’s good reason to believe him.& & As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030. Image: Porsche] Become a& TTAC insider.

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Luxury car & SUV sales in India rise 20% to 45,000+ units in FY24 | Autocar Professional

Baua Electric

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up 20.5 Let’s take a closer look at the company-wise performances.

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