<ul><li>Porsche sales slumped in the first quarter of the year, with growth in North American deliveries offset by falls in Europe and China.</li><li>Deliveries in China, Germany, and the rest of Europe fell by 42%, 34%, and 10% respectively.</li><li>Trade war uncertainties and Trump's tariffs are threatening the global car industry, causing a slowdown in sales and impacting the stocks of car manufacturers.</li><li>Porsche did not specify the impact of US tariffs on their sales, but part of the drop in European deliveries was also due to discontinuation of non-compliant models.</li></ul>

Porsche reports steep fall in orders from Europe and China

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