Panamera Sales Skyrocket As Porsche Sales Increase In 2018 CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Panamera Sales Skyrocket As Porsche Sales Increase In 2018

Panamera Sales Skyrocket As Porsche Sales Increase In 2018

May. 06, 2018 6:30 AM ET by Jared Rosenholtz Industry News / 20 Comments Since entering its second generation, Panamera sales have doubled. Last year in 2017, Porsche set a sales record in the U.S. with 55,420 cars sold. The popularity of the Macan SUV helped tremendously, but the 911 also had an incredible sales year. Automakers are now releasing their first quarter earnings reports, and Porsche is off to a great start in 2018. The company has already delivered around 63,500 vehicles globally, a 6% increase compared with last year. This figure also represents the most successful first quarter in the company's illustrious history - not a bad way to kick off the year. Porsche Porsche experienced the highest growth in the US and its home market of Germany. Stateside, deliveries increased by 10% to around 14,000 vehicles. Within the Porsche lineup, the Panamera experienced the largest growth. In fact, since introducing a new Panamera in 2017, sales have doubled. Clearly buyers have embraced the less controversial styling of the second generation Panamera. The Panamera hybrid has been particularly successful, with nearly 60% of buyers opting for electrification. Even in China, Porsche's largest market, the automaker delivered 18,600 vehicles, exceeding last years figures by around 3%. Porsche We are delighted with our strong start. During 2018, we expect that we will stabilize at the high level achieved last year", said Detlev von Platen, Member of the Executive Board responsible for Sales and Marketing at Porsche AG. "Exclusivity is more important for the Porsche brand than pure growth; with our global market share of 0.3% of the total market we are fulfilling this requirement." Porsche Porsche

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Porsche Panamera Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top