Porsche chairman Wendelin Wiedeking is confident that Porsche will continue to grow strongly.
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In the four months from August to November, Porsche expects to have sold 30,700 vehicles, up from 25,838 during the same period a year ago. Turnover is expected to have risen to around 2.36bn euros, up from 2.06bn during the same period of last year, according to preliminary figures released by the company.
According to dpa-AFX, Wiedeking said he is optimistic that Porsche will be able to continue along this growth path. This is despite evidence of strong discounting in some of Porsche’s most important markets, the growing financial crisis in the US, and increased fuel efficiency demands from consumers because of the high oil price.
The biggest contribution to recent high growth comes from the introduction of the new Cayenne in February. Cayenne sales were up 76% in the four month period under scrutiny, to 13,400 vehicles. Sales of the 911 model range were up three percent to 10,469 cars and the Boxster was up 17% to 6,500 cars. Most of the growth came from exports. German sales remained flat at around 3,950 units.
The next big growth push should come in 2009 when the new four-door Porsche Panamera is introduced.
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By GlobalData
