Porsche reported that its profit after tax for the period from January to September amounted to €114 million, a significant decrease compared to nearly €2.8 billion during the same months in 2024.
Recently, the launch of new electric models has been postponed, and Porsche has canceled a program for the production of its own batteries. In light of the “market reality and customer needs,” the brand stated that the internal combustion engine will remain available for a longer period and will be necessary well into the next decade.
Earlier this month, Porsche announced that it sold 212,509 vehicles in the first nine months of this year, marking a 6 percent decline. Sales in China were particularly affected.
The most popular model in Porsche’s lineup is the Macan. As of September, 64,783 units of this SUV had been delivered, with 55 percent being fully electric.
Currently, over 23 percent of Porsche’s sold vehicles are fully electric. The plug-in hybrid powertrain accounted for 12.1 percent of sales over the past nine months.
