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Porsche CEO: China dealers to triple in 2-3 years

Porsche introduces the 918 RSR vehicle during press preview days at Cobo Center of the North American International Auto show in Detroit, Michigan January 10, 2011. REUTERS/Rebecca Cook

DETROIT (Reuters) - German luxury automaker Porsche PSHG_p.DE aims to roughly triple its Chinese dealership network in the next two to three years to around 100 dealers from 35 now, the company's top executive said on Monday.

“(China) is an important market for us,” Chief Executive Matthias Mueller told Reuters Insider on the sidelines of the Detroit Auto Show.

He said it was too early for a prediction on 2011 Porsche sales in the United States, but said that “at the minimum” the company should match the 25,000 units it sold in 2010.

“The luxury consumer in the United States is able to spend money,” Mueller said. “We are working very hard to give them good ideas for the future.”

Reporting by Nick Carey, editing by Matthew Lewis

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