Porsche holding out for a slight rise in unit sales

Bearing high hopes for the new Panamera model, Porsche Automobil Holding SE revealed that it is holding out for a slight rise in unit sales in its current fiscal year, after the company swung to a quarterly loss.. Porsche’s sales had dropped since late 2008.

Porsche says now that the fourth series from Porsche “will ensure that the sales figures of Porsche will not only stabilize but will overall rise slightly again in the fiscal year 2009/10.” Excluding its majority stake in Volkswagen AG, Porsche incurred a 200 million euro ($290 million) pretax loss in the first three months of its fiscal year 2009-2010 (from August to October).
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investor27 - 12/23/2009 5:31:52 PM

+1 Boost

There's not that much Porsche inventory here in the US to sell in the first place. They cut inventory by over 80%, so how are they expecting to increase their sales numbers?