RE: Porsche sales drop, quits WEC and Le Mans
RE: Porsche sales drop, quits WEC and Le Mans
Yesterday

Porsche sales drop, quits WEC and Le Mans

Another undramatic week for Porsche as motorsport plan altered and EV sales remain modest


Fresh from its pledge to continue with combustion, Porsche has issued its sales figures for the year so far. As is so often the case right now, with so much uncertainty and apprehension around the industry and the future, they make for interesting reading. Porsche itself reckons that it’s achieved ‘robust delivery figures despite a challenging environment’. ‘Challenging’ definitely feels like it’s doing a lot of the heavy lifting in that sentence. 

The headline number is 212,059, the number of Porsches sold globally from January 1st this year until September 30th. If six per cent down on 2024’s equivalent (226,026), it still looks impressive for a company that only sells sports and luxury cars. Market share increased for five of the six model lines. The more interesting trends are in individual market and model fluctuations; the China situation remains tricky, for example, with 26 per cent fewer cars sold in the first three quarters of this year against 2024 (32,195 compared to 43,280).

Domestic sales dropped as well, with 22,492 Porsches sold in Germany - or 16 per cent less than the year before. Porsche attributes that (and a small drop in the rest of Europe) ‘partly due to a strong period the previous year with catch-up effects from 2023 and limited model availability in the 718 and Macan combustion-engine models due to EU cybersecurity regulations.’ Gains were modest: five per cent more cars in North America, three per cent up in Overseas and Emerging Markets, although the latter achieved a new best return of 43,090 deliveries. Together they account for just under half of the total sales. 

Electrification is the big story as far as sales specifics go. Global Macan sales were up 18 per cent to 64,783, making it the best seller again, with just over half of those (36,250) being the new Electric version; remember the old combustion car is still going outside the EU, and going strong by all accounts. The Taycan was down 10 per cent globally, at 12,641 units, but more than a third of Porsches now sold (35.2 per cent) count as electrified (so including hybrids as well), which is up 12.8 percentage points on 2024. In Europe, the majority of Porsches sold - 56 per cent - are electrified. 

For the 911 and the 718 (remember those!), the latter suffered for EU cybersecurity regs that are seeing production wind up, with sales down 15 per cent. The rear-engined icon is still delivering solid numbers: 37,806 global units might be down five per cent, but when every 992 costs at least £100,000 that can hardly be seen as a bad return. Especially with demand for Sonderwunsch and Exclusive Manufaktur builds, which will add even more to the RRP, is said to be ‘continuously growing’.

Matthias Becker, Porsche’s board member for sales and marketing, said: “We have made forward-looking product decisions in recent weeks. In doing so, we’re responding to the diverse needs of customers worldwide and the slowing of the uptake of electric mobility, allowing us to be more flexible in the years to come. We expect the market environment to remain challenging in the future. More than ever, we’re focusing on managing demand and supply in line with our ‘value over volume’ strategy.”

That challenging market is influencing more than just Porsche’s road car side, as cuts are coming for motorsport. Porsche Penske Motorsport will no longer compete in the World Endurance Championship after the end of the 2025 season; while the 963 remains eligible for WEC competition in private hands (with outfits like 2023 and 2024 Teams champions Hertz Team Jota), there will be no factory effort. It will maintain a presence in the North American IMSA series, ‘underlining the importance of the North American market and endurance racing for the brand.’

Porsche will maintain its Formula E participation as well, with a fourth-generation 99X Electric coming for the 2026/27 season, enabling it ‘to achieve an even steeper learning curve for the all-electric production vehicles.’ Customer racing (think of all the Carrera Cup and GT4 Clubsport cars) continues unaltered. “We use motorsport as a development platform for future technology and to illustrate the potential of our sports cars,” said Thomas Laudenbach, Porsche Motorsport VP. “With the Porsche 963 in the North American IMSA series and the Porsche 99X Electric in the Formula E World Championship, we want to continue to fight for overall victories in the future. That is our tradition and our focus.”


Author
Discussion

SDK

Original Poster:

1,980 posts

271 months

Yesterday (11:09)
quotequote all
Clearly is not just "EV's being the problem", because this sector is Porsche's largest market now. The sales of their combustion engine cars are falling
The German car makers (and others) have been 'profiteering' in the Asia markets for years/decades - now there is starting to be push back

With Audi entering F1 next year, this Porsche WEC announcement shows VW (VAG) is clearly consolidating it's motorsport presence (Lamborghini also withdrawing from WEC last year too)

Targa1138

4 posts

112 months

Yesterday (11:40)
quotequote all
I do so hope we haven't seen the peak of this glorious period of WEC

simon-tigjs

162 posts

115 months

Yesterday (11:42)
quotequote all
With luxury cars seemingly getting way more expensive pro rata in relation to disposable income, even of the wealthy , there must be a curve that says you reach a natural limit , where sales become self regulating to the market they are chasing
When the big EVs also loose 50 to 80 k , so quickly , even those with money must draw a line and say enough
Cars seem to have gained price in a quantum leap out of all proportion to everything else

theicemario

1,312 posts

93 months

Yesterday (11:53)
quotequote all
Hopefully they keep falling after the Cayenne Electric panzer comes out

Massive shame the 963 works team being dropped though. Hope they keep supporting private entries

X27

60 posts

183 months

Yesterday (11:53)
quotequote all
simon-tigjs said:
With luxury cars seemingly getting way more expensive pro rata in relation to disposable income, even of the wealthy , there must be a curve that says you reach a natural limit , where sales become self regulating to the market they are chasing
When the big EVs also loose 50 to 80 k , so quickly , even those with money must draw a line and say enough
Cars seem to have gained price in a quantum leap out of all proportion to everything else
Agreed - they're pricing themselves out of the market.

fantheman80

2,155 posts

67 months

Yesterday (11:58)
quotequote all
OEM results can read a bit dry but found that article very well written. fair play

Quickmoose

5,099 posts

141 months

Yesterday (11:59)
quotequote all
I did not enjoy reading this.

BigChiefmuffinAgain

1,473 posts

116 months

Yesterday (12:13)
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You wonder how their US sales and US profitability are going to go with the 15% tariffs introduced in August....

Panamax

6,949 posts

52 months

Yesterday (12:33)
quotequote all
All the successful German manufacturers now face four significant problems,
1. Trump's tariffs.
2. Cheap electric cars from China
3. Falling sales in China as quality of local cars improves.
4. European governments dithering over EV combined with lack of charging infrastructure.

TimmyMallett

3,094 posts

130 months

Yesterday (12:37)
quotequote all
Quickmoose said:
I did not enjoy reading this.

Castrol for a knave

6,402 posts

109 months

Yesterday (12:38)
quotequote all

Does this mean you no longer have to buy 4 Macans, a beige Cayenne and pov spec Boxster just to get on the list to buy a GT3 RS?

Dudley99

85 posts

2 months

Yesterday (13:06)
quotequote all
SDK said:
Clearly is not just "EV's being the problem", because this sector is Porsche's largest market now.
How is it? They sold 212,059 cars - of those, 36,250 were Macan BEVs and 12,641 Taycan BEV's. Therefore, only 23% of all sales are BEV's. If the new Macan was a pure ICE then they would still sell all those 36,250 BEVs, if not more, because people want a Macan. It is a desirable car. People are not buying it because it is a BEV. In fact, they would probably sell more if it was a pure ICE. The old ICE version is still going strong outside the EU as the article says.

Hybrid is irrelevant. It just what most new cars are saddled with, and you have to put up with it if you want a new car. There is a good trade in the USA converting old hybrids to pure ICE and ditching the worn out hybrid system, to keep the car on the road, because the cost of replacing the hybrid system is many multiples of the value of the car.

ChrisCh86

1,060 posts

62 months

Yesterday (13:08)
quotequote all
Castrol for a knave said:
Does this mean you no longer have to buy 4 Macans, a beige Cayenne and pov spec Boxster just to get on the list to buy a GT3 RS?
We can only hope.

It's about time that Porsche and their arrogant stealer network were made to work a bit harder for a living.

Real shame that they're dropping out of Le Mans and WEC though, both are great race teams.

SDK

Original Poster:

1,980 posts

271 months

Yesterday (13:17)
quotequote all
Dudley99 said:
SDK said:
Clearly is not just "EV's being the problem", because this sector is Porsche's largest market now.
How is it? They sold 212,059 cars - of those, 36,250 were Macan BEVs and 12,641 Taycan BEV's. Therefore, only 23% of all sales are BEV's. If the new Macan was a pure ICE then they would still sell all those 36,250 BEVs, if not more, because people want a Macan. It is a desirable car. People are not buying it because it is a BEV. In fact, they would probably sell more if it was a pure ICE. The old ICE version is still going strong outside the EU as the article says.

Hybrid is irrelevant. It just what most new cars are saddled with, and you have to put up with it if you want a new car. There is a good trade in the USA converting old hybrids to pure ICE and ditching the worn out hybrid system, to keep the car on the road, because the cost of replacing the hybrid system is many multiples of the value of the car.
Apologies - In Europe, the majority of Porsches sold (56 per cent) - are electrified.

In the case of Macan "People are not buying it because it is a BEV, In fact, they would probably sell more if it was a pure ICE"
The ICE petrol Macan is still for sale (in the UK), so that's people choosing the EV version over the still available petrol Macan

In terms of pure petrol
For the 911 and the 718 ...... with sales down 15 per cent

Edited by SDK on Thursday 9th October 13:19

Night Owl

54 posts

Yesterday (13:18)
quotequote all
Panamax said:
All the successful German manufacturers now face four significant problems,
1. Trump's tariffs.
2. Cheap electric cars from China
3. Falling sales in China as quality of local cars improves.
4. European governments dithering over EV combined with lack of charging infrastructure.
There are enough tariffs in the EU; US tariffs are of no real consequence. I work at a tech company, and prices have gone up only minimally for products sold in the US market.

The bigger issue is the fact that EVs are rushed to meet political objectives out of the EU/Davos machine. No one really wants them, because they are inconvenient, expensive, dangerous, and not fit for purpose. Sales were artifically inflated here in Germany and elsewhere by government subsidies. Now that those are drying up, VAG is realizing no one wants EVs, and that they made a mistake caving to the pressure. Some companies were more measured in their approach to dealing with the pressure and hysteria.


Panamax

6,949 posts

52 months

Yesterday (14:41)
quotequote all
Night Owl said:
There are enough tariffs in the EU; US tariffs are of no real consequence. I work at a tech company, and prices have gone up only minimally for products sold in the US market.
"Selling price" is irrelevant. Margins are reduced, squeezing profits out of existence. Without decent profit margin you can't invest in model replacement or anything else. All the Germans are struggling on vehicles imported to USA. Where they have factories in USA there's still the problem of tariffs on imported parts.

As regards tariffs in the EU, that's a new one on me. Perhaps you're referring to the high car taxes charged in countries like Ireland and the Netherlands which have no domestic motor industry.

Dudley99

85 posts

2 months

Yesterday (14:55)
quotequote all
SDK said:
Apologies - In Europe, the majority of Porsches sold (56 per cent) - are electrified.
Because of the EU rules, not what customers demand. What % are BEV, rather than hybrid? The unpopularity of BEV is why Porsche has re-comitted to ICE. In the free world, rather than the dictated to world, people choose ICE.

nismo48

5,633 posts

225 months

Yesterday (15:13)
quotequote all
Interesting read and Porsche are clearly up against it right now..

ManyMotors

939 posts

116 months

Yesterday (15:25)
quotequote all
Maybe the dealers will get off the ADM drug.

Big_Steve

14 posts

68 months

Yesterday (16:02)
quotequote all
Well deserved.