HomeBusinessPorsche India records 52 percent increase in its sales in January-March quarter

Porsche India records 52 percent increase in its sales in January-March quarter

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Luxury car manufacturing company Porsche India on Monday said that they have reported 52 percent increase in its sales at 154 units in the January-March quarter this year as compared with the same period last year.

Early indications of a revitalised luxury market are seen with the company realising its best quarterly results in India in the last seven years, Porsche said in a statement. This achievement makes Porsche one of the fastest growing luxury car brands in India this year, it added.

“Despite the ever changing pandemic-related measures, we have managed to outperform our quarterly sales results of the past seven years and secured the highest first quarter order intake in five years. This drives our motivation for the coming months,” Porsche India Brand Head Manolito Vujicic said.

The key to this performance has been a number of launches, including four variants of the new Panamera luxury performance saloon that resulted in an average of one new delivery every week to the end of March, the company said. Porsche India also recorded the highest number of Macan SUVs sold in a quarter since 2015, it added.

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