Tag: luxury car market
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Porsche First-Half Deliveries Fall 16% as 911 Sales Surge
Porsche first-half deliveries declined 16% compared with the same period last year, reflecting what the automaker described as an expected transition rather than a crisis. The company cited the phaseout of the combustion-powered 718, strong electric Macan demand during the comparable period last year, and the expiration of U.S. tax incentives for electric and hybrid…
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Genesis Details Hybrid Plans and Bold Concept Car Strategy
Genesis says its approach to growth is centered on design innovation, multiple powertrain options, and expanding its brand identity rather than relying solely on sales volume. In an interview with Autoblog, Genesis North America Chief Operating Officer Tedros Mengiste outlined how the luxury automaker is using concept vehicles, upcoming hybrid models, and a broad product…
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