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Porsche AG delivered 122,306 vehicles worldwide in the first half of 2026, down 16% from the same period a year earlier. Sales fell 13% in North America and 32% in China.
ZeroHedgePorsche AG reported 122,306 vehicle deliveries for the January-to-June period, a 16% decline from the same six months in 2025. The total marked the company's weakest first-half performance since 2020. North America remained Porsche's largest market with 37,712 deliveries, though that figure represented a 13% drop. China recorded a 32% decline.
The company said the overall first-half total aligned with internal expectations despite falling below the prior year's level.
The delivery figures follow a report that the company is considering more than 4,000 job cuts in Germany. Porsche is part of the Volkswagen Group, which has discussed larger workforce reductions. The company also reported continued profit pressure in the first quarter amid tariffs, geopolitical issues, and shifting model availability.
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westernjournal.comPresident Trump announced on July 8 that the June 17 memorandum is effectively dead following attacks on vessels near the Strait of Hormuz. U.S. Central Command had conducted strikes on Iranian targets the previous day, and the Treasury Department blocked Iranian oil sales.
globalnews.caU.S. Central Command completed additional strikes late Wednesday or early Thursday to degrade Iran's ability to target commercial shipping. Iran retaliated with strikes on Bahrain, Kuwait and Qatar. Tanker traffic through the strait has halted since July 8.
en.protothema.grIran's Revolutionary Guards Navy issued a statement warning that U.S. efforts to alter traffic routes in the Strait of Hormuz will trigger a strong Iranian response. The statement asserts that foreign nations hold no stake in determining passage through the waterway.