Cayenne - A Sales Success!!!
05-29-2003 | 11:53 AM
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Cayenne - A Sales Success!!!
Excerpt from the Wall Street Journal Online:
</font><blockquote><font size="1" face="Verdana,Tahoma,Helvetica">quote:</font><hr /><font size="2" face="Verdana,Tahoma,Helvetica">BERLIN -- Porsche AG's (G.POR) sales increased 18.2% in the first nine months of its fiscal year as the launch of its new Cayenne sport utility vehicle made up for weak 911 and Boxster sales.
The Stuttgart-based company sold 44,413 cars in the period, up 12.8% from 39,372 a year ago. The increase was driven by the Cayenne, which was introduced in Germany in December and in the U.S. - the company's biggest market - in March.
Porsche sold 8,363 of the luxury SUV, making up for drops in sales of its core sports cars. Sales of the Boxster fell 12.5% to 14,425, while the 911 dipped 6.8% to 21,325.
</font><hr /></blockquote><font size="2" face="Verdana,Tahoma,Helvetica">
</font><blockquote><font size="1" face="Verdana,Tahoma,Helvetica">quote:</font><hr /><font size="2" face="Verdana,Tahoma,Helvetica">BERLIN -- Porsche AG's (G.POR) sales increased 18.2% in the first nine months of its fiscal year as the launch of its new Cayenne sport utility vehicle made up for weak 911 and Boxster sales.
The Stuttgart-based company sold 44,413 cars in the period, up 12.8% from 39,372 a year ago. The increase was driven by the Cayenne, which was introduced in Germany in December and in the U.S. - the company's biggest market - in March.
Porsche sold 8,363 of the luxury SUV, making up for drops in sales of its core sports cars. Sales of the Boxster fell 12.5% to 14,425, while the 911 dipped 6.8% to 21,325.
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