cascade

I wonder how much of this decline is model changeover related (Porsche's view) versus economic conditions???


Porsche sales in North America affected by model changeover
New 911 Generation will Impart Fresh Vigor

Stuttgart. Dr. Ing. h.c. F. Porsche AG, Stuttgart, delivered 1,558 automobiles to customers in North America in September this year; of these, 1,458 went to the USA and 100 to Canada. This represents a decrease of 44 percent compared to the previous year, mainly caused by the model changeover that took place for the 911 Carrera and Targa models. Sales of the new generation of the 911, with direct gasoline injection giving reduced fuel consumption, went ahead as planned on September 20. Against this background, the number of 911s sold in September was down by 50 percent compared to the same time last year, at 530 unit sales. However, Porsche expects that as well as the new Carrera, the four-wheel-drive versions of the 911 Carrera and Targa, which will be rolling onto the North American market on October 25, will give sales a fresh boost.

A total of 819 vehicles from the Cayenne series were delivered in September, 21 percent fewer than in the same month last year. In addition customers took delivery of 209 vehicles from the Boxster series, representing a decrease of 71 percent. Of these, 78 units were accounted for by the Cayman and the Cayman S.

Despite the financial crisis, which became dramatically more acute in September, and the resulting lack of confidence among customers, Porsche will be sticking to its established sales policy of not giving discounts. Due to its variable production system, the enterprise is in a position to adapt its production numbers flexibly, if there should be a sustained economic shift.

GO


10/1/2008

Alan Smithee

Not that bad when you consider Toyota sales were down ~30% in September.

Likemystoppie?

Lexus is down 38%.

JohnnyBahamas

Porsche sales to me were down 100% in 2008.

First year since '04 that I haven't bought a p-car.

Chris from Cali

BUSH did it!

J/K

I think it's a combo of the 997.2 coming out and the economy in equal measures. From my own experience, I think people who can afford $100K+ cars are a little more impervious to market fluctuation.

Jon70

I think the only manufacturers that had worse % declines than Porsche was Volvo and Hummer.

jerryrice

FRANKFURT -- Shares in Porsche Automobil Holding SE skidded amid tumbling sales in key European markets and as the German auto maker revealed its normally robust growth had slowed.

Porsche, which is in the usually resilient high-end auto market, said it couldn't give an outlook in the "present economic situation," and shares in other European auto makers declined. Porsche shares fell €6.44 ($9.06), or 8.5%, to €69.36 in Frankfurt.

Auto makers are warning of a slowdown in global sales accelerating in the second half of 2008 and into 2009 as ...

Leader

Everybody's sales were down in September.
I wouldn't be too excited about October, either.
Tough times.

abe

I predicted this 6 months ago....but oh no...the euro was strong and the Chinese were going to make up for US declining dollars. So all of you know it all who thought our economy was irrelevant in the world....tell the Chinese to buy the surplus. The next economy to go down is the European economy with their "strong" euro. The unemployment in most western european socialist countries is between 10-12%....and if you think Bush was bad, wait till the socialist Obama gets in power with Nancy P.\
abe

jsmirand

thank you Abe, for reminding us how you single handedly predicted the world's fate six months in advance while the rest of us wandered about aimlessly.

I think this forum should stay focused on P-cars, and not deteriorate into a political discourse, so what I am saying is I don't care about your opinion on Obama, go to another forum for that.

brendo

i don't see the new version of the 997 being a big impact here. reviews are glowing.

who said "it's the economy, stupid?" :-)

Chris from Cali

This doesn't make sense. With glowing reviews, MORE people would be waiting for the new one, which would keep sales down.

richc

OK slackers, I did my part. They rolled an '09 Cayenne off the trailer at my home yesterday. This is why they send me ALL that free crap in the mail, I'm the only one keeping them going.

vladie22

with the state of the economy does this really surprise anyone ? most manufacturers are suffering large losses,some more than others .

Likemystoppie?

'Atta Boy!!!