Porsche deliveries fall 16% in first half on China, US pressures

July 9 (Reuters) - Porsche AG's deliveries fell 16% across all regions in the first half of 2026 to 122,306 vehicles, the German sports carmaker said on Thursday, citing market pressure in China and the expiration of U.S. tax credits for electric vehicles.

• In China, deliveries plunged nearly a third compared with the same period last year, driven by what Porsche called "the challenging market environment" and the company's focus on "value-oriented sales."

• First-half deliveries fell 13% in North America, Porsche's largest sales region, and 14% in Europe excluding Germany.

• "We are below the same period last year but in line with our expectations,” said board member for sales Matthias Becker.

• The discontinuation of Porsche's combustion-engine 718 models and a strong prior-year period for the all-electric Macan also weighed on sales figures in the first half of 2026.

• On Wednesday, rival Mercedes-Benz posted an 8% drop in second quarter car sales year-on-year due to intense competition in China.

(Reporting by Danny Callaghan; Editing by Matt Scuffham)