Porsche sales fall 45 pct in August in North America

Wed Sep 3, 2008 12:49pm EDT
 
[-] Text [+]

FRANKFURT (Reuters) - Porsche sales in North America nearly halved to 1,516 vehicles last month as demand for its core 911 sports coupe plummeted ahead of the model's upcoming facelift, the company said on Thursday.

"The 45 percent drop compared to the previous year is in line with Porsche expectations and can be explained by the upcoming launch of the new 911 Carrera and Targa models," it said in a statement.

The refreshened base version with direct fuel injection and double-clutch transmission hits showrooms in the United States and Canada on September 20, while the more expensive four-wheel drive version of the Carrera as well as the Targa debut on October 25.

Total 911 sales in North America fell 58 percent in August, while Cayenne sales fell 9 percent. Combined Boxster and Cayman sales fell by 66 percent in the month.

(Reporting by Christiaan Hetzner)

 
East German citizens climb the Berlin wall at the Brandeburg gate after the opening of the East German border was announced, November 10, 1989.  REUTERS/File
The Wall's economic legacy

Twenty years after the fall of the Berlin Wall, much of the East German economy has cast off the shackles of its Communist past. But some of the changes have come at a price.  Full Article | Full Coverage 

Editor's Choice

A selection of our best photos from the past 24 hours.   Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Avaaz activists protest during a demonstration on the final day the Barcelona Climate Change Talks November 6, 2009.  REUTERS/Gustau Nacarino
U.S. singled out for delay of climate pact

The United States is likely to bear the brunt of the blame among developed nations for an expected six- to 12-month delay to a new global climate deal.   Full Article