Stuttgart (dpa) – Volkswagen’s luxury Porsche marque increased the number of cars it sold worldwide last year, but saw a drop in his home German market.
Porsche sold 246,375 cars worldwide in 2017, an increase of 4 per cent on the previous year, the company based in the south-western city of Stuttgart said on Thursday.
The new Panamera had particularly strong sales, the company said.
“With our palette of products and Europe, America and Asia as strong sales regions, we are well positioned,” Porsche’s sales director, Detlev von Platen, said.
The company saw a 3-per-cent fall in sales to 28,317 in 2017 compared to 2016 in the domestic German market.
Volkswagen’s cash cow can swallow the drop, however, with a 10-per-cent surge in sales in China and growth of 2 per cent in the United States.
Porsche said it is aiming to match 2017’s sales in 2018.