Porsche sales up 28.1 percent in the first nine months of 2012 image

Porsche AG has boosted its sales by 28.1 percent to €10.15 billion in the first nine months of the 2012 fiscal year.

Volume sales increased by 20.2 percent to 103,245 vehicles, while the operating profit rose by 22.9 percent to €1.88 billion.

„With an operating profit margin of 18.5 percent being achieved, Porsche AG is taking a pole position in the automotive industry,” said Matthias Müller, president and CEO of Porsche AG. Muller added that market launches of more models such as the all-wheel drive versions of the new generation of the 911 Carrera will help Porsche maintain its leading position.

Porsche sold 24,859 vehicles in China in the first nine months of the 2012 fiscal year, 35.4 percent more in comparison to the same period in 2011. The growth in the entire Asia/rest of the world region added up to 25.1 percent, going to 41,212 units.

In Russia, sales rose by 69.7 percent, rising to 2,628 vehicles. Porsche was able to move up a step in the German market as well, climbing 14.2 percent to 11,905 units. The increase in Europe totaled 13.2 percent, with 34,656 vehicles sold. The United States remained the largest single market from January to September of the current year. Porsche sold 24,982 sports cars there (+22.1 percent).

The 911 achieved the best growth, with 19,261 units (+39.8 percent). The Cayenne remained however Porsche’s best-selling model, with 54,860 (+24.9 percent), followed by the Panamera, with 21,713 (+15.8 percent).