On March 12, Porsche released its 2023 annual financial report, which showed that the group’s operating income for the 2023 fiscal year rose to 40.5 billion euros, a 7.7% increase year-on-year. Sales profit increased by 7.6% year-on-year, reaching 7.3 billion euros. The net cash flow from the automotive business was 3.973 billion euros. Porsche’s global new car deliveries increased by 3.3% year-on-year, with a total of 320,221 new cars delivered. It can be seen from the chart that sales in China are in a declining state.
Porsche CEO Oliver Blume said, “The performance of the Porsche team is proud. We achieved strong fiscal year performance. 2024 will be a big year for Porsche’s products, with the number of new models exceeding any previous year.”
Porsche plans to launch no fewer than four new or significantly redesigned models in the market this year. The third generation Panamera is the first to arrive. This luxury sedan’s sporty characteristics are further highlighted by a more powerful powertrain. Its performance is further enhanced by a fully modernized control concept and numerous innovative technologies, including the new Porsche Active Suspension Management system. It perfectly combines higher comfort with Porsche’s renowned sporty driving characteristics.
The new all-electric Taycan will go on sale this spring. It has more power, longer range, faster acceleration, and shorter, more stable charging. The Taycan Turbo GT had its global debut yesterday. With this car, Porsche brings its proud GT performance experience from the era of internal combustion engines into the electrified era – reaching a top speed of 305 km/h, with a peak power of 815 kW, and accelerating from 0-100 km/h in just 2.2 seconds.
In the second half of this year, the second-generation Porsche Macan will join the Porsche lineup in pure electric form. The electric version will be produced alongside the internal combustion engine version at the Leipzig factory to meet different consumer needs. Since the launch of the electric Macan, customer feedback has been very positive.
911 will introduce a mid-term facelift in early summer, including a high-performance hybrid model. Obomu said: “We have once again adopted technology derived from racing sports in production models. Our customers can expect more technology innovations honed in racing to be applied to road cars in the future.”
The mid-term revised Cayenne was launched on the market at the end of 2023. This luxury SUV has undergone comprehensive upgrades in powertrain, chassis, design, configuration, and control concept.