• 26.08.2024

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Auto news from China

Porsche CEO Blume Fires China Head Amid 33% Sales Drop in 2023

Jul 21, 2024

On July 20, AutoUpdate announced that Porsche’s global chairman and CEO, Oliver Blume, expressed dissatisfaction with poor sales in China. He decided to remove Klaus Zellmer from his position as president and CEO of Porsche China.

Porsche CEO Blume Fires China Head Amid 33% Sales Drop in 2023

Porsche recently released data showing global sales of 155,900 units in the first half of this year. This marks a 7% decline compared to last year. Deliveries fell in both China and North America. In China, Porsche delivered 29,600 new cars, a 33% drop year-on-year.

Porsche CEO Blume Fires China Head Amid 33% Sales Drop in 2023