Porsche Sales Falter By 16% In May

Porsche Cars North America Inc importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced May car sales of 2,796 in the United States, representing a 16% decrease from its all-time May sales record in 2007 of 3,348.

Porsche's venerable Cayenne series continued to perform well with sales of 1,192, up 7% over May 2007 sales of 1,119. Year-to-date Cayenne sales were up 12%. Continuing to draw market strength was the recently introduced Cayenne GTS model with sales of 371.

"The Cayenne continues its strong consumer appeal in our overall lineup," said PCNA's President and CEO, Detlev von Platen. "I think our customers are recognizing that the Cayenne is a desirable offering in the SUV segment that is sized to fit their needs, while offering unmatched Porsche performance and advanced fuel efficiency for a very sporty vehicle. I am especially encouraged by the reaction to the new Cayenne GTS we launched earlier this year."

S4cabriofoxone - 6/3/2008 9:04:12 PM

+3 Boost

I find it odd that their sports cars went down, and not the Cayenne. It should be the other way around.

993Turbo - 6/4/2008 6:17:33 AM

+1 Boost

Try having kids. If you can't have both, you get the Cayenne.

S4cabriofoxone - 6/4/2008 4:06:57 PM

0 Boost

That has nothing to do with anything. People are always having kids; the 911, Boxster and Cayman are immune to however many new children are born every year. It's also the beginning of summer, and those cars are far more fuel efficient than the Cayenne. All valid reasons for why their sales should be up.

Threepoint1415926 - 6/5/2008 10:55:25 AM

+1 Boost

Yes, always have and always will. I dont see the problem. I personally like to know.

AgentOrange - 6/4/2008 7:59:19 AM

+1 Boost

Sports car sales always take a big hit when economic times get tough..
I'll bet SLK & Z4 sales took a hit as well.

S4cabriofoxone - 6/4/2008 4:05:42 PM

0 Boost

The Boxster and Cayman are no more expensive than the Cayenne.

Threepoint1415926 - 6/5/2008 11:00:29 AM

+1 Boost

I dont think expense has as much to do with it as utility. Sports cars are essentially toys while the Cayenne is instead a really expensive SUV but justifiable all the same to someone who thinks they need an SUV but have to cut back on their toys.

avanti64 - 6/5/2008 10:57:33 PM

+1 Boost

Looks like the smug little mortgage brokers and their ilk have lost their jobs! Porsche will take the hit from these losers.

mwrmmg - 6/6/2008 12:34:22 AM

+1 Boost

Some holding their money for the GTR. with spare cash for the mortgage