Porsche China to Terminate Sales Authorizations at Four Locations Effective June 30

Porsche China will terminate vehicle sales authorizations for select Porsche Centers in Wuhu, Anhui; Jining, Shandong; Huai’an, Jiangsu; and Nanning, Guangxi, effective June 30, 2025. Among these, the Huai’an location will completely cease sales operations, with subsequent maintenance and after-sales services transferred to nearby outlets in Yangzhou and Xuzhou. The Jining dealership will lose its independent authorization and be integrated into the Zibo Porsche Center, which belongs to the same Faraway Auto Group. Some locations will retain only after-sales services, while customer sales activities will be handled by dealerships in neighboring cities. As of June 29, Porsche China’s official website still listed Porsche Centers in these cities, bringing the nationwide total to 116. Financial data shows that Porsche delivered 279,000 vehicles globally in 2025, a 10% year-over-year decline. Deliveries in China totaled 41,900 units, down 26% year-over-year, marking the fourth consecutive annual decrease. Full-year revenue amounted to €36.27 billion (approximately RMB 280.887 billion), a 9.5% decline compared to the previous year. Operating profit plummeted by 92.7% year-over-year to €413 million, resulting in an operating return on sales of just 1.1%.