Porsche AG has announced that they've successfully doubled its operating result for the first quarter of 2021. Compared to the same period last year when it stood at 572 million euros, the first three months of 2021 sees a huge increase to 1.2 billion euros, which also affected sales revenue with a 28% increase (from 6.0 billion euros to 7.7 billion euros).

Remaining its status as one of the most profitable car manufacturers in the world, Porsche has managed to deliver close to 72,000 vehicles around the globe within the first three months of 2021. That's a significant 36% increase compared to the start of 2020, and its most popular model is the Macan with 22,458 units sold, but that goes without saying.

What needs to be said is the fact that the 911 and Taycan have been doing exceptionally well with 9,133 and 9,072 cars delivered to customers around the world within the first quarter of 2021. Those are indeed great numbers, but the rising trend is to be expected considering the economic downturn a lot of manufacturers faced when COVID-19 became a global issue.

According to Oliver Blume, Chairman of the Executive Board at Porsche AG, "We will sell significantly more Taycan cars this year than in 2020. In the first quarter, deliveries of our successful all-electric model were already almost half of the total for all of 2020. A particularly pleasing fact here is that around 50 percent of the buyers are new customers. The Taycan is therefore increasing the size of our fan base."