Porsche hopes to match last year's 2.4 billion euro profit in 2013

March 15, 2013 11:34 CET
Porsche is aiming to match last year's profit in 2013, the company said on Friday. In 2012 Porsche posted an operating profit of 2.44 billion euros ($3.17 billion). Porsche said net debt dropped to 1.87 billion euros at the end of December from 2.58 billion at the end of 2011.... Read More »

 

Porsche expects Macan to copy Cayenne's success in China

Jan. 23, 2013 06:01 CET
Porsche is counting on emulating the success of its Cayenne SUV in China when it launches the smaller Macan in the market next year as part of expansion plans aimed at making China the carmaker's No. 1 market.... Read More »

 

Porsche takes cues from Range Rover Evoque to give a Macan a bolder look

Dec. 2, 2012 06:01 CET
Porsche has given its new small Macan SUV a bolder look after seeing the success of the Range Rover Evoque, according to Michael Mauer, the sports car maker's design chief.... Read More »

 

Porsche raises production forecast for Macan by 30,000 next year, report says

Sept. 10, 2012 10:16 CET
Porsche expects output of its new Macan compact sports utility vehicle to reach 75,000 in its first year of production in 2013, up from an initial forecast of 45,000 vehicles, a German weekly reported, without citing sources.... Read More »

 

Porsche profit jumps on 911 demand as VW purchase nears

July 27, 2012 11:49 CET
Porsche said first-half profit jumped 21 percent on demand for the new-generation 911. Operating profit rose to 1.26 billion euros from 1.05 billion euros a year earlier. Porsche posted a profit margin of 18.7 percent in the first half, beating VW Group's 6.8 percent return on sales.... Read More »

 

Porsche plots eighth and ninth model lines to follow Macan SUV

July 18, 2012 06:01 CET
Porsche is deciding whether to add a second supercar and a BMW 5-series rivaling sedan to create an eighth and ninth model line.... Read More »

 

EU regulators to probe aid for Porsche Macan project

July 11, 2012 11:46 CET
EU competition regulators will examine whether a 522 million euro ($640 million) project to build the Porsche Macan SUV gives the German carmaker an unfair advantage, in breach of EU state aid rules.... Read More »

 

2012 ANE CONGRESS

Porsche has no plans to introduce a model below the Boxster, sales chief says

June 21, 2012 11:50 CET
Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. Bernhard Maier told the Automotive News Europe Congress in Monte Carlo today that the roadster, and later the Macan small SUV, would remain the sports car maker's entry models.... Read More »

 

Porsche: No plans for model priced below Boxster

5:50 am U.S. ET | June 21, 2012
Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. Bernhard Maier told the Automotive News Europe Congress in Monaco today that the roadster, and later the Macan small SUV, would remain the sports car maker's entry models.... Read More »