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VW's Porsche expects to repeat record vehicle sales this year

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Reuters FRANKFURT
Last Updated : Oct 18 2018 | 11:35 PM IST

FRANKFURT (Reuters) - Volkswagen's Porsche sports car brand is confident it can repeat last year's record sales in 2018, the division's chief executive told Reuters.

Porsche sold 196,562 vehicles during the first nine months of the year, with Europe showing a 9 percent increase and China, the world's largest car market, growing by 4 percent.

"In light of these good numbers we expect that we can reach last year's record again," Oliver Blume said in e-mailed comments on Thursday.

Porsche delivered 246,375 vehicles in 2017.

(Reporting by Edward Taylor; Writing by Christoph Steitz; Editing by Alexandra Hudson)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 18 2018 | 11:33 PM IST

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