Porsche Automobil Holding SE reported a 16% decline in global vehicle deliveries for the first half of 2026. Total deliveries reached 122,306 units during this period.
China deliveries experienced the sharpest drop at nearly 32%. North American deliveries, the company's largest market, fell by 13%.
The automaker cited a difficult Chinese market and the expiration of U.S. electric vehicle tax credits for the decline. The discontinuation of combustion-engine 718 models also reduced sales volume.
Sales of the iconic 911 model rose 19% year-over-year. Porsche Automobil Holding shares traded slightly lower following the announcement on Thursday.