Porsche Dealers Say Tariffs Have Halted Shipments
Multiple dealers tell Automotive News’s Urvaksh Karkaria that Porsche has halted U.S. shipments of new units rather than pay a 25% tariff on imported vehicles that went into effect April 3.
Sources say the factory has not yet shared a plan or timeline to resume shipments, with one hoping for new units sometime in May.
“Porsche shipped additional inventory to the U.S. ahead of the April 3 tariff deadline and kept prices constant for orders placed in March, executives told analysts and investors during an April call,” Karkaria writes. “The eleventh-hour surge in volume helped lift Porsche’s first-quarter sales 41 percent from the prior year, when supplies were constrained, and 8.1 percent above its record first quarter in 2023.”
