Porsche forecasts double-digit sales growth in China this year
SHANGHAI -- Porsche expects its deliveries in China to rise more than 10 percent this year despite a slight downturn in May, The Wall Street Journal reported.
Last year, the sports car maker sold 37,425 cars in the market, a rise of 20 percent over 2012.
Deesch Papke, president of Porsche (China) Motors, told the newspaper that the company's 1 percent sales decline to 3,164 units last month was "a marginal drop."
For the first five months of 2014, Porsche sales rose 10 percent year-on-year to 16,465 units.
To boost sales, Porsche will introduce the Macan compact SUV in July in China. The company also is expanding its dealership network from 68 stores now to 85 by year end.
Automotive News Europe contributed to this report