Porsche reports that its global car sales is improving, and the overall results after nine months is 191,543 - only 5% less than a year ago.
Sales of the all-electric Taycan model during that period amounted to 10,944, which is 5.7% of the total volume.
According to our data, in the third quarter, Porsche ramped up its Taycan production and sales in 6,464 (8.7% of total), which is more than twice Q2 and more than four times Q1.
It's great to see that the BEV share is so close to 10%, even before the first Taycan's derivatives hit the market.
“Porsche was not spared the effects of the coronavirus crisis. However, we look to the future with optimism – in particular thanks to our convincing product range and a continued increase in new orders,”
Assuming Q3 pace, the annual production rate already exceeds 25,000.
Comparing the global results with the U.S., it turns out that in Q3 almost 29% of all Taycans were sold in the U.S., while YTD it's 26.5%.
Porsche sales by market - Q3 2020: