Porsche India Reports 37% Rise In Sales To 193 Units In Third Quarter
Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022.
The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India.
Retail sales of 193 units during the third quarter helped Porsche India reach 571 deliveries so far in 2022, surpassing the previous best full-year total of 534 units delivered in 2013, it said in a statement.
On a consolidated basis, it has delivered 71 per cent growth in its car sales in the first nine months -- January-September -- of the current year, it added.
Porsche India, which is a part of the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), had retailed a total of 378 cars in the domestic market in the first half of this year.
"By stimulating the market with Porsche Exclusive Manufaktur (programme) showcases through our dealerships, we have generated a buzz that will help carry the momentum into the fourth quarter and next year," said Manolito Vujicic, Brand Director of Porsche India.
The programme, along with its Tequipment and Classic programmes, allows car buyers to personalise their car with more than 700 options to choose from.
SAVWIPL manages the Indian region of five Volkswagen Group brands -- Skoda, Volkswagen, Audi, Porsche and Lamborghini.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more