Porsche Posts 7.2% Rise In Global Sales In April

Porsche Automobil Holding SE's POAHY sportscar unit reported that global sales in April surged 7.2% y/y to 12,588 cars. In the January-to-April period, its global sales jumped 12.6% y/y to 43,141 cars. Porsche sales surged 13.1% to 4,682 cars in Europe, while US sales climbed 8.4% to 3,437 cars. Porsche shares closed at $5.58 on Friday.