Porsche is growing

Centurion · 12-28-2005, 08:47 AM

Porsche in fast lane

08/12/2005 11:45

Porsche, the German maker of luxury sports cars, said it remained in the fast lane of growth in the first four months of its current year business thanks to strong demand for its 911 and Boxster models.

Porsche, which runs its business from August to July, said in a statement that it sold a total 25 635 cars worldwide in the four months to November, 8.5% more than in the same period a year earlier.

That brought turnover up by 6.7% to 2.02 billion euros (2.4 billion dollars) in the four-month period, the car maker said.

"Once again our sports cars are driving growth," Porsche said.

The car maker sold 9 439 of its 911 model, 11.4 percent more than in the year-earlier period.

A total of 4 998 Boxsters, including the new Cayman S, were sold, representing an increase of 179% year-on-year.

By contrast, the Cayenne sports utility vehicle (SUV) was sold a total of 10 974 times, down 16.7% on the year. And sales of the Carrera GT rose by 14.9% to 224 units.

Overall output was up 11.1% at 29 895 cars in the August-November period.

"Despite the economic imponderables, we are confident with regard to the outlook for the remainder of the year, since all three model series are enjoying lively demand," Porsche said.

It was therefore expecting further growth during the current year.

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It's great to see that my favorit brand is growing stronger every year.

dOmInIX · 12-28-2005, 08:57 AM

WOW, that's really a lot. Porsche is great car maker and the most profitable car company!! Way to go!!

Centurion · 12-28-2005, 09:08 AM

Quote:

Originally Posted by dOmInIX

WOW, that's really a lot. Porsche is great car maker and the most profitable car company!! Way to go!!

It's exceptionaly good for a sports car manufacturer.

siko · 12-28-2005, 10:24 AM

It's great to see them forging ahead... but the Cayenne numbers are a little worrisome.

I know most manufacturers’ SUV sales dropped due to recent fuel cost increases, but I’m pretty sure Porsche started experiencing that drop before that.

Alx · 12-28-2005, 10:48 AM

you gotta love Porsche, and that is a great picture.... hope the 997 makes an impact. For some reason really doubt that model will be as successful as the 996.

12-28-2005, 08:47 AM	#1 (permalink)
Centurion Trendsetter Join Date: Sep 2005 Location: Sweden Posts: 7,075 Thanks: 595 Thanked 724 Times in 422 Posts	Porsche is growing Porsche in fast lane 08/12/2005 11:45 Porsche, the German maker of luxury sports cars, said it remained in the fast lane of growth in the first four months of its current year business thanks to strong demand for its 911 and Boxster models. Porsche, which runs its business from August to July, said in a statement that it sold a total 25 635 cars worldwide in the four months to November, 8.5% more than in the same period a year earlier. That brought turnover up by 6.7% to 2.02 billion euros (2.4 billion dollars) in the four-month period, the car maker said. "Once again our sports cars are driving growth," Porsche said. The car maker sold 9 439 of its 911 model, 11.4 percent more than in the year-earlier period. A total of 4 998 Boxsters, including the new Cayman S, were sold, representing an increase of 179% year-on-year. By contrast, the Cayenne sports utility vehicle (SUV) was sold a total of 10 974 times, down 16.7% on the year. And sales of the Carrera GT rose by 14.9% to 224 units. Overall output was up 11.1% at 29 895 cars in the August-November period. "Despite the economic imponderables, we are confident with regard to the outlook for the remainder of the year, since all three model series are enjoying lively demand," Porsche said. It was therefore expecting further growth during the current year. Source: - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER It's great to see that my favorit brand is growing stronger every year.

12-28-2005, 08:57 AM	#2 (permalink)
dOmInIX Devotee Join Date: Sep 2005 Location: Croatia Posts: 2,683 My Mood: Thanks: 358 Thanked 407 Times in 224 Posts	Re: Porsche is growing WOW, that's really a lot. Porsche is great car maker and the most profitable car company!! Way to go!!

12-28-2005, 10:24 AM	#4 (permalink)
siko Devotee Join Date: Nov 2005 Location: Montreal, Canada Posts: 3,586 My Mood: Thanks: 815 Thanked 688 Times in 362 Posts	Re: Porsche is growing It's great to see them forging ahead... but the Cayenne numbers are a little worrisome. I know most manufacturers’ SUV sales dropped due to recent fuel cost increases, but I’m pretty sure Porsche started experiencing that drop before that.

12-28-2005, 10:48 AM	#5 (permalink)
Alx 007 Join Date: Sep 2005 Location: -Poconos, PA.- 2005 Aston Martin DB9 Posts: 5,458 My Mood: Thanks: 886 Thanked 551 Times in 224 Posts	Re: Porsche is growing you gotta love Porsche, and that is a great picture.... hope the 997 makes an impact. For some reason really doubt that model will be as successful as the 996.

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