News Column

Porsche Sales Race Ahead to Record High

Dec 12, 2012

German sports carmaker Porsche said Wednesday new auto sales had raced ahead by 17.9 percent in the first 11 months of the year, topping the previous record, set in 2011, with one month to spare.

Known for its iconic 911 model, Porsche delivered 128,978 vehicles between January and November, compared with 118,868 vehicles for the whole of last year.

Sales surged by 38.7 percent in November alone compared the same month in 2011, said Porsche, which is part of the Volkswagen group.

"The fact that we have already surpassed the previous year's result in November is no reason for us to rest on our laurels," said Porsche sales chief Bernhard Maier.

"On the contrary, it is an incentive to deliver maximum performance in the next year - in spite of continued uncertainty in the marketplace," he said.

Porsche's new sales record underscores the solid performance by Europe's luxury carmakers, despite the region's ongoing ebt crisis and the problems facing mass-market auto manufacturers.

Helping to drive Porsche's sales growth was continuing strong demand in the world's two biggest car markets - the United States and China.

While deliveries to the US zoomed ahead by 71.4 percent in November compared with the same month last year, deliveries to China jumped by 63.4 percent.

Sales were also up 6.8 percent in Europe and 9 percent in the domestic market.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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