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Porsche global sales rose 12.6 percent in September

Porsche global sales rose 12.6 percent in September

Porsche sold 11,888 vehicles worldwide in September, up 12.6 percent compared to the same month last year, due to strong demand from China and the United States. However, sales in Europe dropped because of the economic downturn in the region. In China, Porsche’s largest single market, the Stuttgart-based automaker sold […]

China to become first market for Porsche in 2014

China to become first market for Porsche in 2014

According to a Porsche Executive, China will overtake the United States as the largest single market for the sport carmaker Porsche SE in 2014, chinadaily reports. Porsche SE, the German automaker sold 85,872 vehicles in the first nine months of the year. In China, the maker of the iconic 911 […]

Porsche CEO: No Suv made in China

Porsche CEO: No Suv made in China

10 days ago, we reported that Porsche’s Matthias Müller had told the German magazine Focus that Porsche will decide this year whether they will build the new Cajun in China. Or in the U.S. However, Porsche CEO Matthias Müller has announced that his company won’t be producing a new small […]

Porsche to build cars in China and U.S.!

Porsche to build cars in China and U.S.!

According to CEO Matthias Mueller, Porsche production capacity at its Stuttgart-Zuffenhausen factory was insufficient to meet worldwide sales targets, particularly in emerging markets like China. The company will discuss this year whether to open assembly plants in China or US, Mueller is quoted as saying by the German Focus magazine. “This […]

Porsche starts secondhand car business in China

Porsche starts secondhand car business in China

Media reported that on last Saturday night when Porsche announced the China launch of its new generation Cayenne (Kayan) in Beijing, it also announced to start the secondhand car business. This is the first time a super-luxury car brand officially starts secondhand car business in China. In the preliminary stage, […]

Porsche China to recall 640 cars on seat-belt defect

Porsche China to recall 640 cars on seat-belt defect

China’s quality regulator said yesterday that German sports-car maker Porsche SE’s China division will recall 640 vehicles of three Panamera models to fix a potential safety belt defect, Xinhua News reported. The recall involves the Panamera S, Panamera 4S, and Panamera Turbo, and the 640 vehicles affected were produced before […]

Porsche aims to sell over 10,000 cars in China in ’10

Porsche aims to sell over 10,000 cars in China in ’10

German sports-car producer Porsche SE said it aims to sell over 10,000 cars in China, its third biggest market, this year as rising wealth makes luxury vehicles more affordable in this country, Bloomberg reported today. In 2009, Porsche sold 9,090 vehicles in China, up about 9%, Helmut Broeker, who heads […]