Porsche Cars Canada reports its sales results for 2024

Porsche Cars Canada, Ltd. (PCL), importer and distributor for the sports car manufacturer from Stuttgart, today reported sales of 10,374 units for 2024, a decrease of 2.5% from the prior year. Porsche Approved Certified Pre-Owned vehicle sales achieved a stellar 4,101 units for the year, an increase of 16.7% over the same period in 2023.

"The brand wraps up 2024 with another sales year exceeding the 10,000-mark threshold," said Trevor Arthur, President & CEO, Porsche Cars Canada, Ltd. ‟We are poised for exciting things in 2025 including the opening of the first-ever Porsche Experience Centre Toronto.”

In 2025, the Canadian subsidiary of the Stuttgart brand is inaugurating its first-ever Porsche Experience Centre Toronto, located in Pickering, ON.

This press release contains forward-looking statements and information that reflect Porsche AG's current views about future events. These statements are subject to many risks, uncertainties, and assumptions. They are based on assumptions relating to the development of the economic, political, and legal environment in individual countries, economic regions, and markets, and in particular for the automotive industry, which we have made on the basis of the information available to us and which we consider to be realistic at the time of publication. If any of these risks and uncertainties materializes or if the assumptions underlying any of the forward-looking statements prove to be incorrect, the actual results may be materially different from those Porsche AG expresses or implies by such statements. Forward-looking statements in this presentation are based solely on the circumstances at the date of publication. We do not update forward-looking statements retrospectively. Such statements are valid on the date of publication and can be superseded. This information does not constitute an offer to exchange or sell or an offer to exchange or buy any securities.