Automakers

Porsche profit soars with 911 sales driving returns

Porsche 911 Green
Sales of Porsche's iconic 911 sports car outpaced overall 9-month deliveries of 2 percent to jump 9 percent in the same period. (PORSCHE)
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By:
Bloomberg
October 28, 2022 09:52 AM

Porsche’s operating profit jumped 41 percent to 5.05 billion euros ($5 billion) in the first nine months from the same period last year partly due to exchange-rate effects and healthy sales of its iconic 911 model, the sports-car maker said in a press release.

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