German sports car maker Porsche said on Tuesday that global vehicle deliveries in the first half of the year were down 7% compared to the same period in 2023, mainly due to a 33% year-on-year decline in China.
But what is it? Porsche and VW are always pulling buyers.
I have $P911.DE+1.0% stock in my portfolio, it's not a big position, but I trust the company.
The car market seems pretty oversaturated to me this year. We've got a lot of "new" car companies getting more customers, and most importantly a lot of cars sold in the last few years...