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Porsche reports an 8% drop in global car sales in Q1 2022, citing import delays and tariffs.
Porsche reported an 8% drop in global vehicle deliveries in the first quarter of 2022, with significant decreases in China, Europe, and Germany, but a 37% increase in North America.
The decline is partly due to import delays and US tariffs, though Porsche's strong pricing power helps mitigate financial impacts.
The company has adjusted its fair value estimate down to €72 due to tariffs and lower Chinese demand.
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Porsche informa de una caída del 8% en las ventas mundiales de automóviles en el primer trimestre de 2022, citando retrasos en las importaciones y aranceles.