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Porsche posts 145,860 deliveries in first half-yearIncrease in deliveries in Germany and Europe

· Facing multiple challenges worldwide, Porsche has maintained strong delivery figures in the first half of the year, of which the European market increased by 7%.
· Porsche China saw 30% sales growth sequentially in the second quarter, and both deliveries and order intakes in June achieved double-digit growth year-on-year.
· The Cayenne was once again the best-selling Porsche model line, and Panamera enjoyed a steady growth of 25% year-on-year deliveries in China.

Shanghai/Stuttgart. Porsche has sustained strong delivery figures in the first half of 2022, despite a number of challenges. Overall, the sports car manufacturer delivered 145,860 vehi-cles to customers around the world between January and June, a decline of 5 per cent over the previous year. “We and our dealers have successfully navigated a first half-year shaped by external factors and uncertainties,” says Detlev von Platen, Board Member for Sales and Mar-keting at Porsche AG. “In addition to the difficulties posed by the resurgence of the COVID pandemic in China and other markets, ongoing supply-chain- and logistics-related challenges have accompanied us. At the same time, the desirability of our brand and popularity of our products remains strong. We expect the second half-year to be dynamic. As in previous years, we are optimistic about the future and determined to go full steam ahead with the remaining months of the year.”

Significant recovery in China in the second quarter

In China, Porsche was able to deliver 40,681 vehicles to customers in spite of months-long lockdowns in some cities. The decline in deliveries over the first half of the year amounted to a 16 per cent drop compared to the previous year. In view of the overall decline in the premium segment in China – down 23 per cent from January until May – the sports car manufacturer still posted impressive results in its largest single market. In particular, new car sales in the second quarter increased by 30 per cent sequentially. And both deliveries and order intakes in June showed double-digit growth year-on-year, marking an important turnaround point for Por-sche China on the way to getting back on track. When it comes to the performance of particu-lar model lines, demand for the luxurious four-door Panamera was strong, with 9,439 new ve-hicles delivered to customers from January to June, a steady increase of 25 per cent year-on-year. The Cayenne remained one of Porsche's best-selling models in China, with 15,465 vehi-cles delivered in the first half of the year, up 3 percent year-on-year.

Growth in Germany and Europe

The worldwide market situations of the first half-year were varied and the delivery figures for the different regions and markets are therefore heterogenous. In Europe, the number of vehi-cle deliveries rose to 43,087. That’s a year-on-year increase of 7 per cent over what was al-ready a strong period. The same applies to the home market of Germany. 13,785 deliveries in the first six months of 2022 represents a 5 per cent gain year on year. Overall, 62,245 vehicles were delivered to Porsche customers in the Asia-Pacific region, Africa and the Middle East. In the US, Porsche delivered 32,529 vehicles to customers despite being confronted with deliv-ery and transit difficulties. This figure comes against the backdrop of the strongest-ever half-year in the same period last year.

Cayenne remains the most popular Porsche

Demand remains particularly high for SUV models. A total of 41,947 customers took delivery of a Cayenne. In second place was the Macan, with 38,039 deliveries. The sports car icon, the 911, was delivered to 21,616 customers worldwide. The Taycan was handed to 18,877 cus-tomers – despite production limitations due to supply-chain bottlenecks, which particularly impacted the all-electric Porsche. The Panamera was delivered 15,604 times, while 9,777 examples of the 718 Boxster and 718 Cayman models went out to customers.

“We are heading into the third quarter full of energy and optimism and, in addition to deliveries, we continue to focus on unique brand experiences for our customers,” adds von Platen.

Porsche AG January - June
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