No Typo Here: Porsche Sales Up A Staggering 137% For June

No Typo Here: Porsche Sales Up A Staggering 137% For June
Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars, Cayenne SUVs and the Panamera Gran Turismo in the United States, today announced June sales in the U.S. of 2,141 units compared to the same period last year when it sold 902, an increase of 137 percent.

Halfway through the calendar year, Porsche has now sold 10,984 new cars, ahead of last year's six-month pace of 9,659, up 14 percent.

All models in Porsche's portfolio enjoyed strong showings, led by the Panamera, which recorded sales of 739 units for the month. June's results represent this four-door Porsche's best one-month total to date. While the majority of Panamera sales were V8s, the record month also included sales of the newly launched V6 powered Panameras, which just began arriving at dealerships around the country in late June.

Sales of Porsche's popular Cayenne SUV increased significantly for the month of June as the German automaker began delivering its all-new 2011 Cayenne S and Cayenne Turbo models late in the month to dealerships throughout the country. Total Cayenne sales for the month were 496, up 80 percent from the previous year when sales were 275. Porsche will begin selling the V6 Cayenne and its first production hybrid ever later this fall.

Also notable for June were sales of the German automaker's iconic 911 sports car with sales of 544, up 48 percent over the same period in 2009. Additionally, Porsche's mid-engine roadster, the Boxster, recorded robust sales of 240, an increase of 75 percent for June. Meanwhile, the Cayman recorded sales of 122 for the month.

For the month of June, Porsche's Approved Certified Pre-Owned vehicle sales were 585, compared to 561 for the same period last year-to-date. Midway through 2010, Porsche has sold 3,813 CPOs compared to 3,456 the year previously.




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FanboyOfTheTruthFanboyOfTheTruth - 7/1/2010 2:18:00 PM
+3 Boost
Stay tuned for another 100% increase when Porsche comes up with a minivan model.


Agent63Agent63 - 7/2/2010 12:17:32 PM
0 Boost
LOL you guys are such haters. Porsche alone is very good at businesses. They own patents if I remember correctly. And for them to increase sales it's good for business. Car companies don't care what we think. It's first and foremost a business. It all boils down to economics. What ever will generate the most currency is what will make the execs and shareholders happy. Not many bandwagoners see the real picture.


Joe_LimonJoe_Limon - 7/1/2010 2:24:08 PM
+3 Boost
and a 200% increase when VW gets them to rebadge their jetta.


FanboyOfTheTruthFanboyOfTheTruth - 7/1/2010 3:20:41 PM
+4 Boost
Good point. I'm sure VW will let Porsche rebadge their Dodge Caravan, I mean, the Routan, too.


cdokecdoke - 7/1/2010 3:16:37 PM
+2 Boost
As a general statement: percentages are deceiving. For a smaller company each car sold represents a larger portion of their sales than in a larger company. A result of this is that a specified number of cars sold by the same company does not result in the same percentage.

If at time 1 Company A sells 1000 cars, and at time 2 sells 1100 cars, then they have a 10% increase. If at time 3 they then lose those sales gains and go back to selling 1000 cars, their percentage loss is -9%. Now, if you make the mistake of comparing the percentages through time, it appears that they are ahead 1%, when in reality they aren’t. They are at 0% total. It seems obvious in this example, but you would be surprised at how often people screw it up. The percentage depends on the direction and movement the magnitude of the absolute changes.

This is why the percentage gains / losses listed for stocks are essentially useless when it comes to any real analysis.

Having said all of that general stuff- the Panamera is quite the vehicle and it does not surprise me that it is selling well.


SHOWTIMESHOWTIME - 7/1/2010 4:52:06 PM
+2 Boost
Wait till next month, since MOTORTREND reported 911 Turbo 0-60 in 2.8sec and 1/4 mile 11sec flat. That car must seriously be underrated in HP.


Agent63Agent63 - 7/2/2010 12:21:42 PM
+1 Boost
I have a 2010 911 Turbo and it's never reached 2.8seconds. My quickest launch was 3.1 seconds in perfect conditions and 3.3 in the morning when it was damp. Keep in mind I have the PDK. Even if I don't punch it off the line I can still 0-60mph(100km where I live) in under 4. But 2.8 is a little crazy. Who knows, each car is different. I wish i had that turbo if that's the case!


Agent63Agent63 - 7/2/2010 12:31:26 PM
+1 Boost
http://www.motortrend.com/av/roadtests/coupes/1006_mercedes_benz_sls_audi_r8_porsche_911_comparison_video/index.html


AgentOrangeAgentOrange - 7/1/2010 6:13:59 PM
+1 Boost
Now we know which demographic group benefited from the bailout and stimulus packages.
Thanks taxpayers - drive your Chevy to the levy.


cdokecdoke - 7/1/2010 6:29:01 PM
+1 Boost
Do you REALLY think that?

Correlation is not causation.


chewychewy - 7/1/2010 8:22:55 PM
0 Boost
Good sales for the Panamera given its price, not far off some of the other flagship sedans.


als723als723 - 7/2/2010 12:57:24 AM
0 Boost
I guess the 6-Cylinder Panamera wasn't a mistake after all.


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