This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Porsche Outperforms Delivery Record Of The Previous Year

DETROIT, Jan. 13, 2013 /PRNewswire/ -- Porsche AG sold more sports cars in 2012 than ever before: 141,075 customer deliveries equal an increase of 18.7% compared to last year's record of 118,868 vehicles sold.

(Logo: http://photos.prnewswire.com/prnh/20120628/CL32476LOGO)

"We are looking back on the most successful year in our history," said Matthias Muller, President and Chief Executive Officer of Dr. Ing. h.c. F. Porsche AG at the Detroit Motor Show. "The commitment of our entire workforce was a key factor in achieving this result. We are well equipped to guide Porsche successfully through 2013." Over the past three years, the Stuttgart-based sports car manufacturer has increased the number of vehicles delivered to customers by 83.9 percent.

Bernhard Maier, Member of the Executive Board Sales and Marketing, highlighted: "2012 was an outstanding year for Porsche: for every model and in every region. In 2013 we will carry forward our product offensive with the launch of our new hybrid vehicles, such as the 918 Spyder, and of our new Macan SUV."

Porsche showed double-digit growth in all sales regions in 2012. The Asia/Pacific region tops the list with 50,376 delivered units (+23.6% compared to the previous year), closely followed by Europe, where the Stuttgart-based sports car manufacturer sold 49,639 new cars (+13.5%). The Chinese market posted over 30,000 deliveries for the first time: exactly 31,205 new cars were handed over to the customers.

The most successful single market in 2012 was the United States: A total of 35.043 customers in the U.S. opted for a model by Porsche (+20.7%).

The 911, Cayenne, Panamera, Boxster and Cayman sports cars are still also very popular in their home market in Germany; they were sold 17,487 times (+16.9%).

The seventh generation of the 911 Carrera sports car enjoyed a very successful first year in 2012 and achieved the greatest growth with 31.4%: a total of 25,475 vehicles were sold. The Boxster was also very popular, achieving sales of 9,253 units, an increase of 29.1% compared to the prior year. The Porsche model most in demand worldwide was the Cayenne: 74,763 cars of this model were handed over to customers last year (+24.8%). With nearly 19,000 units of the Cayenne S, Cayenne GTS and Cayenne Turbo sold, Porsche remains the leading manufacturer of high-performance SUVs.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs