Having shocked by economic downturn, Porsche SE sales or the first six months of its fiscal year fell 14 per cent. Their sales fell to euro3 billion ($3.9 billion). The company said its sales volume dropped 27 per cent to 34,000 vehicles during the period.
However, they still not releases their net profit figures. It will release its official earnings report in March after Volkswagen AG's latest earnings are out. Porsche is VW's largest shareholder, holding 50.8 per cent since the beginning of January.
Porsche said it sold 13,500 of its 911 models in the first six months, a 17 per cent decline from the 16,263 in the year ago period. The Cayenne saw a 20 per cent decline in sales to 16,600 from 20,638 a year ago.
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