EV slowdown, SUV surge slash luxury sedan sales by a third

A front, side view of a red second-generation Porsche Taycan during a test drive. — Sales of the full-electric Porsche Taycan halved in 2024 amid a series of recalls and warranty issues. Porsche expects the arrival of the second-generation Taycan (shown) to reverse trend. (PORSCHE)

January 02, 2025 04:00 AM

The luxury sedan segment in Europe saw sales fall sharply in 2024 as buyers shunned once-popular full-electric models and pivoted toward high-end SUVs.

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