Porsche (P911 GY) Q1 deliveries 61k, (-15% Y/Y); -21% in China, -11% in North America
Context
Porsche's Q1 deliveries have dropped 15% year-over-year, with a significant decline of 21% in China and 11% in North America. This underperformance may raise concerns about demand sustainability in key markets and could potentially impact their revenue outlook and stock performance, especially as consumer preferences shift post-pandemic.
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