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Porsche expects record results, despite slumping Cayenne

07/03/2006, 9:10 AM

By admin

Porsche expects to post record financial results for the fiscal year ending July 31. The automaker said it will likely announce sales in excess of 90,000 vehicles — at least 2,000 more than last year. This comes despite a 16 percent fall in Cayenne SUV sales, which were previously viewed as the driving force behind growth at Porsche. Indeed, it looks like the sports car is again the hero at Porsche. As of May 31, sales of the Porsche 911 were up 21.4 percent to 27,896 vehicles, while sales of the Boxster series rose 87.8 percent to 22,846 vehicles, including 10,883 of the new Cayman S coupe.

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07/03, 9:20 AM

posted by:

Jon

I think that the new 4-door coupe, the Panamera is going to do very, very well.

Jon.

07/03, 9:26 AM

posted by:

Renton

Porsches always give me sticker shock. I like ‘em and all that, but they charge too much for options.

Where I live, everyone drives a 911. Make mine a Maserati Coupe for the same money.

07/03, 10:38 AM

posted by:

DaveO

The Panamera will do well if the actual prouction version looks less like a 1975 Chevy Monza hatch from the rear. Give me the AM Rapide over any of the others.

07/03, 10:58 AM

posted by:

Ex-REAL-Porsche owner

I’m trying really hard to shed a tear for the slumping sales of their glorified minivan. Really, I’m trying… I guess it did succeed in bringing Porsche more financial stability, even if it did cost them their soul.

07/03, 11:13 AM

posted by:

British_Rover

Hopefuly in the next couple of years they can just stop building the pepper and soon it will just be a horrible memory.

07/03, 1:35 PM

posted by:

JD

I’d be all over a Cayman S if I had the funds.

07/03, 2:31 PM

posted by:

JSP

Great to see people returning to their senses and buying real Porsche’s.

07/03, 8:40 PM

posted by:

Onur

Lol, I don’t like Bush either but that was a little weird.

And it’s normal how cayenne sales are dropping. The thing is more than 4 years old. Wait till you see the sales numbers for new one.

 
 
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