Porsche sales fall sharply, profits still expected to rise

10.0: <a href="http://www.germancarmagazine.com/features/motorsports-rare-bmws-m5-6-series-and-8-series/">Motorsport's rare BMW's; M5, 6-Series and 8-Series (1 vote)
10.0: <a href="http://www.germancarmagazine.com/news/new-audi-as5-r-to-head-abt-sportsline-range-in-geneva/">New Audi AS5-R to head ABT Sportsline range in Geneva (1 vote)
10.0: Mk5 Golf GTi Buying Guide (1 vote)
10.0: <a href="http://www.germancarmagazine.com/news/techart-bringing-pair-of-tuned-cayennes-to-geneva-including-680hp-magnum/">Techart bringing pair of tuned Cayennes to Geneva including 680hp Magnum (1 vote)
9.0: Twin-clutch better than manual? (2 votes)
3.0: <a href="http://www.germancarmagazine.com/news/mercedes-unveils-special-edition-g-class-suvs-for-30th-anniversary/">Mercedes unveils special-edition G-Class SUVs for 30th anniversary (1 vote)

January 30, 2009 by German Car Magazine
Filed under News

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

2010 porsche 911 gt3 facelift main630 02 0130 350x200 Porsche sales fall sharply, profits still expected to rise

Porsche, coming off record sales and profits last financial year, has announced that for the first six months of the current year of business the company has experienced a 27.3% decrease in sales to approximately 34,000 units. Citing the downturn in the global economy as the key factor behind the poor performance, the usually unassailable sports car manufacturer is now expecting an equally sharp decline in operating earnings.

North America saw the biggest slump, with sales for the first six months of the current financial year ending at 11,850 units – down from 16,209 for the same period one year ago.

While the news is by no means positive, Porsche is in the unique position that it earns more income from its dealings in financial markets than it does from manufacturing and selling cars.

2010 Porsche Panamera

2010 porsche panamera 001 1125 120x80 Porsche sales fall sharply, profits still expected to rise 2010 porsche panamera 002 1125 120x80 Porsche sales fall sharply, profits still expected to rise 2010 porsche panamera 003 1125 120x80 Porsche sales fall sharply, profits still expected to rise 2010 porsche panamera 004 1125 120x80 Porsche sales fall sharply, profits still expected to rise 2010 porsche panamera 005 1125 120x80 Porsche sales fall sharply, profits still expected to rise