Porsche gains 15% in global sales in 2013 to 162,145 units

Article by Anita Panait, on January 11, 2014

Porsche posted a 15-percent surge in global vehicle in 2013 to 162,145 cars and SUVs, as strong demand for the Boxster and Cayman models caused sales to more than double. Sales of the Boxster and related Cayman jumped to 25,500 units, reflecting a climb of 117 percent. The carmaker expects further growth this year as it adds the Macan compact SUV to its lineup starting April 5 in Germany.

The 340-hp Macan S version has a starting price of EUR57,930, which will be 24 percent cheaper than a comparably equipped Porsche Cayenne SUV. "We are looking ahead to the coming months with optimism and are anticipating new growth with the Porsche Macan and 911 Targa models," sales chief Bernhard Maier said in a statement.

Porsche accounted for EUR1.89 billion of Volkswagen Group’s nine-month operating profit of EUR8.56 billion, making it the third-largest earnings contributor next to Audi and the VW brand.

Porsche is bent on increasing its earnings before interest and taxes in 2013 after further investment on new vehicles and expanding production capacity weighed in sales gain in 2013, Chief Financial Officer Lutz Meschke told Bloomberg in an interview in September.

Porsche is aiming to post sales of the Macan at 50,000 vehicles annually once its production ramps up. Porsche's profit growth will likely continue this year in 2014 thanks to the Macan and the 911 model range. The carmaker will unveil an overhauled version of the 911 Targa at the Detroit auto show next week.

Topics: porsche, sales

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
2017 is undeniably a very busy year for BMW. After introducing the new 4-Series, the German automaker has just released several new updates. In relation to this, BMW is also...
by - January 23, 2017
The renowned Shelby Super Snake is now 50 years old! As we greet the Super Snake a “happy birthday” or a “happy anniversary,” Shelby itself is celebrating half a century...
by - January 23, 2017
Nearly a year after the Subaru XV Concept was unveiled at the 2016 Geneva Motor Show in Switzerland, this SUV study is making its North American debut at the 2017...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries