"The Pace of Innovation in China Is impressive." Porsche Acknowledges the Superiority of Chinese Industry.

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Under pressure on the Chinese market, Porsche recognizes the spectacular growth of local manufacturers. To raise the bar, the German brand is now putting on a subtle balance between petrol and electricity. The sudden awakening of a once promising market for Porsche After years of continuous growth, Porsche is facing a sharp turnaround in the Chinese market. In 2024, sales fell by 28%, falling to 56.887 vehicles, and the trend remains downwards w…

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Porsche's sales are going from bad to worse in China due to the rise of locally produced electric cars. The manufacturer wants to address this situation by strengthening its internal combustion engine range. In 2024, Porsche's sales in China fell by a worrying 28%, a trend that has continued this year, with deliveries dropping another 26% during the first three quarters. Although the Stuttgart-based firm is implementing a new strategy to regain …