GERMANY: Porsche reports record sales for latest fiscal year
Porsche claims to have sold more cars in the last fiscal year than in any other year, the New York Times (NYT) reported. The newspaper said Porsche posted a record pretax profit of $US830 million on sales of $4.87 billion in its fiscal 2002 results. The NYT said overall sales of Porsche vehicles declined 0.6% but sales of the flagship 911 line rose 21%.
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