Porsche sales in China fell 15% in 2023, becoming the only major single market to decline

In 2023, Porsche's sales in China were less than 80,000, down 15% year-on-year, making it the only large single market in the world with declining sales. Since the third quarter of 2023, Porsche's sales in China have plummeted by nearly 40% year-on-year, with a year-on-year decline for three consecutive quarters.