Porsche faces difficulties in the Chinese market, and many stores are suddenly closed

According to Sina Technology, Porsche's global sales fell 7% year-on-year, with sales in the Chinese market falling 29% year-on-year. In order to cope with financial pressure and declining sales, Porsche is taking a series of measures to reduce costs and increase efficiency, including closing many offline stores in China, such as stores in Yiwu, Tangshan, Zhengzhou, etc. The closure of these stores has led to a further reduction in sales, with the decline generally reaching 30%.