Porsche boosted first half operating profit 3% to EUR1.29bn on sales up 4%  to EUR7.03bn.

Vehicle deliveries increased 18% to 81,565. Deliveries in China rose by 20% to 18,323 vehicles in the first half of 2013; in the US, by 30% to 21,309. Deliveries in Europe rose only 2% to 26,199.

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CFO Lutz Meschke said growth and cost control had offset development costs for new models.

This year’s results are expected to match 2012’s.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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