Porsche on pace for yearly sales record - Latest Cars Wallpapers

Porsche's profits have already jumped by 23 percent this year and, with sales up nearly as much, the German sports car maker expects to set a new yearly sales record before the end of 2012.

"We have almost matched the results of the entire previous year after only nine months in 2012," said Chief Financial Officer Lutz Meschke in a statement on Thursday.

"We definitely expect to outperform the 2011 record year in terms of sales, revenue and operating profit. That's an excellent result seen against the backdrop of the ever cloudier market environment in western Europe,'' he said.

During the January to September period Porsche's China sales grew 35.4 percent. The United States wasn't far behind with a 22.1 percent growth spurt, while Porsche's European sales grew 13.2 percent.

Through the first three quarters of the year Porsche's global sales are up 20.2 percent to 103,245 units.
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Source: Leftlanenews