Porsche to Return to Detroit Show with a Bang, will Premiere a "Spectacular Model". What will it be?

It's been a good four years since the last time we saw Porsche at the Detroit Motor Show, otherwise known as the North American International Auto Show (NAIAS), but the famous Stuttgart automaker is getting ready to make a big comeback at the 2011 edition of the event. Not only will Porsche make it to the 2011 NAIAS, but the company revealed through one of its spokesman revealed that it is planning to premiere a “spectacular” model.

“We’ll have something spectacular to show there,” said Hans- Gerd Bode, a spokesman for Porsche, in an interview on Friday. “You’ll have to wait and be surprised.” As you may have guessed, the Porsche official did not reveal any other details leaving us with nothing but speculation at this point.

Aside from the already confirmed for production 918 Spyder Hybrid supercar, other new Porsche models planned for the not so far away future are the next generations of the 911 series, and Boxster and Cayman, plus a smaller three-door SUV, the Cajun. We should mention here that a couple of days ago, Porsche released a press announcement stating that on the firm's supervisory board gave the green light for the production of the Cajun.

Here's the statement:

"During its meeting today, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, laid the foundations for continuous and successful growth of the company. The Supervisory Board instructed the Board of Management to drive forward the development of a further model series up to series production. Under the working name "Cajun", this efficient and sporty model will further expand the world’s most successful Porsche segment in the SUV sector.

In addition to the new Cayenne, which has clearly consolidated its market position as the most successful sporty SUV in the premium segment, the "Cajun" will also have a very positive impact with its typical Porsche features such as light weight, ease of handling and agility. As an attractive entry model in the Porsche world, the "Cajun" will attract new and even younger customers to the premium brand along with the Boxster, the market leader in the segment of two-seater, mid-size sports cars."

Of course, Porsche may show a completely different model including a concept vehicle of some sort. Feel free to speculate in the comments section below.

source: http://carscoop.blogspot.com

Cayenne and Panamera Help Boost Porsche Sales by 86.4% Compared to Previous Quarter

Even in this harsh economical climate, Porsche sales continue to grow, as the German maker shifted 21,218 units in the first three months of the 2010 short fiscal year (August 1 – December 31). That's an impressive 86.4% growth compared to the same period last year, although Porsche management admits that the prior-year quarter was "relatively weak", so a higher growth rate was expected.

Revenue amounted to €2.06 billion (+80.3%), while the company's operating result reached €395 million for the same three month period.

The new Cayenne fared particularly well with 10,292 units sold (+151%), followed by the Panamera with 5,778 vehicles and a growth rate of 94%. The success of the 4-door coupe is due to the fact that last year it wasn't available on all markets and the six-cylinder model went on sale in May 2010. The 911's sales were also up, reaching 3,130 units (+20.4%), while the Boxster with 1,089 and Cayman with 929 vehicles remained the least coveted Porsches.

The Americas lead in terms of regional sales, up by 82% and totaling 7,268 units, of which 6,632 went to North America. Europe is close behind (7,082), while Asia and the rest of the world are third (6,868), albeit with the biggest growth rate (126%), fueled by the strong demand in China.

"We can be satisfied with the key indicators of the first three months. Porsche AG is continuing on a profitable growth course" said Matthias Müller, chairman of the executive board of Porsche AG.

"Due to the order intake worldwide in the past few months, we expect a good double-digit return on sales in the short fiscal year from August to December 2010. With this current order situation, we also anticipate a good start to the new fiscal year 2011" Lutz Meschke, member of Porsche AG's executive board in charge of finance and procurement, added.

Porsche's sales growth also helped create new jobs, with the company currently employing 13,043 people, a 2.5% increase over July 2010.

source: http://carscoop.blogspot.com