Porsche said on Friday it expects unit sales to slip just 3.1% in the first half of fiscal year 2009/10 ,that started on 31 July 2009, though volume dropped 25% in the first four months.
Sales of about 33,200 units are expected and revenues will fall 3.3% to EUR2.9bn, CEO Martin Winterkorn told the annual general meeting in Stuttgart.
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The Panamera, on sale since September 2009 will achieve unit sales of about 8,200 in the first six months, based on preliminary data but the Cayenne remains the best selling model with a prospective 13,100 units, off 22% year on year. Preliminary figures suggest 911 sales will decline 45% to about 7,400 units while Boxster and Cayman will fall 14% to about 4,500 units.
Porsche said the “North American market remains difficult” with sales off 16% to about 11,000 vehiclescompared with Europe’s expected 6% fall to 10,200 units. Other markets are expected to rise 18% in total to 12,000 vehicles.
Factory output is expected to dip 1.9% to 40,877 units – 16,979 Cayenne, 9,882 Panamera, 8,746 911 and 5,270 Boxsters.
“On the basis of the strong performance in the second quarter, Porsche continues to assume that unit sales for the full fiscal year 2009/10 will exceed the prior-year figure of 75,238 vehicles,” it said in a statement.
