Porsche sales down 4.0 percent in November image

Porsche AG, on Wednesday said it has sold 9,318 vehicles worldwide in November, a decrease of 4 percent compared to the November 2010.

Global growth weakened slightly in November 2011 compared with the same month the year before. But there are strong variations by country: in Italy, where the sports car manufacturer opened a new Porsche Centre in Milan a few days ago, sales increased by 31.2 per cent.
This was not enough, however, to compensate for customer caution in the domestic market, Germany, with Porsche posting negative pan-European growth of 1.3 per cent. The 3.1 per cent softening in Asia is explained first and foremost by long delivery times for the successful Cayenne and Panamera models.
By contrast, Russia posted the biggest growth in this region, up 44.4 per cent. Porsche sold 36.5 per cent more new cars in Japan.

In the past month, Porsche delivered just over a fifth more of the Panamera sports saloons than in the same month the year before. In the process the top of the range Turbo and Turbo S versions exceeded all previous expectations with 228 units of the sports saloon being sold.
A third shift will be introduced in Leipzig starting in January 2012 to meet the strong demand for the Cayenne and Panamera.

PORSCHE AG Deliveries

November

January – November

2011

2010

Variance (%)

2011

2010

Variance (%)

World

9,318

9,708

-4.0

109,709

88,033

24.6

Europe

3,298

3,340

-1.3

37,497

34,128

9.9

Germany

1,096

1,261

-13.1

13,857

12,176

13.8

North America

2,350

2,584

-9.1

29,342

24,627

19.1

USA

2,255

2,416

-6.7

27,189

22,754

19.5

Asia

3,365

3,472

-3.1

39,923

27,009

47.8

China

1,786

2,018

-11.5

22,473

13,317

68.8