FobzyCan German sports car maker Porsche increase sales to 75K in 2010?
February 3rd 2010 05:50
Porsche said the Cayenne, a sports utility vehicle, remains the best-selling model, despite a 22 per cent decline in unit sales to 13,100.
Sales of the 911 sports car fell 45 per cent during the period to 7,400 units, while sales of the Cayman and Boxter will increase 14 per cent to about 4,500 units for the first half of the fiscal year.
The Panamera sedan, which has been on sale since late 2009, has sold about 8,200 units, Porsche said.
Shares of Porsche SE were 3.3 per cent lower at euro40.32, while shares of Volkswagen were nearly one per cent higher at euro64.58 in Frankfurt afternoon trading.
This is according to the Canadian Press
The German sports car maker Porsche AG said Friday it expects to report a decline in revenue for the first half but to improve unit sales for the whole of the fiscal year, as the auto market continues to feel the effects of the economic downturn.
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