German luxury sports carmaker Porsche reported a global sales decline in the first nine months of 2025, citing challenging market conditions and intense competition. The carmaker delivered approximately 70,836 vehicles globally between July and September, a 6% drop YoY. China led the slump with sales falling 26%. Between January and September, Porsche delivered 212,509 vehicles worldwide. North America, its biggest market, saw sales grow 4.7% in the same period. The Stuttgart-based firm cut its outlook in September due to weaker demand, pressure in China, and higher U.S. tariffs.