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The financial and commercial results of carmakers Porsche, Maserati and Aston Martin<\/strong><\/b> present a mixed picture for the first half of 2024, with varied performances in terms of sales and earnings.<\/p>\n <\/p>\n Porsche demonstrated remarkable financial robustness, recording an operating return on sales of 17.0%<\/strong><\/b> in the second quarter. This figure places the Stuttgart-based brand at the top of the sports car segment, despite a timid start to the year. However, the numerous new product launches have led to an expected drop in sales to \u20ac19.46<\/strong><\/b> billion, down from \u20ac20.43<\/strong><\/b> billion in 2023. Automotive net cash flow amounted to 1.12 billion euros, compared with 2.22 billion euros the previous year<\/strong><\/b>.<\/p>\n <\/p>\n “In these difficult times, we are financially strong and very profitable,”<\/em> said Lutz Meschke<\/strong><\/b>, Vice Chairman of the Porsche Board of Management and Board Member for Finance and IT.<\/em> “We owe this to our value-oriented sales strategy and our well-balanced sales structure.<\/em> This enables us to largely absorb fluctuations in the various markets.”<\/em><\/p>\n <\/p>\n Maserati, on the other hand, has seen a dramatic fall in sales, from 15,300 units in the first half of 2023 to just 6,500 units in 2024<\/strong><\/b>, a drop of over 50%<\/strong><\/b>. This is mainly due to the downsizing of their product portfolio, including the discontinuation of the Levante, Ghibli and Quattroporte<\/strong><\/b> models.<\/p>\n <\/p>\n “The first half was disappointing, but these results are justified by the disappearance of many models from our range,”<\/em> said Natalie Knight<\/strong><\/b>, Maserati’s finance director, concerned for the brand’s future within the Stellantis<\/strong><\/b> group.<\/p>\n <\/p>\n For its part, Aston Martin also posted increased losses in the second quarter, with a pre-tax loss of 255 million euros, compared with 167 million<\/strong><\/b> in the same period last year. Sales fell by 32% to 1,998 units<\/strong><\/b>, despite a slight increase in sales of limited-price models such as the Valkyrie and Valour<\/strong><\/b>.<\/p>\n <\/p>\n <\/p>\nInnovations and progress towards electrification<\/h2>\n
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