Porsche Nine-Month Profit Rises 25% on Demand for Cayenne
From Bloomberg: http://www.businessweek.com/news/2011-10-28/porsche-nine-month-profit-rises-25-on-demand-for-cayenne.html
Some excerpts:
Cayenne sales surged 74 percent to 43,924 vehicles, while the Panamera four-door coupe increased 6 percent to 18,750 cars.
The Porsche unit, which relies on the Cayenne for half of deliveries, plans to increase production of its best-selling model by 10 percent to 20 percent starting in January. Demand for the SUV, which includes a Turbo version costing 121,000 euros, led to waiting lists as long as 12 months in markets including China.
Porsche’s model lineup will be expanded to include a compact SUV by 2013. In the same year, the company will add a limited series of the 918 Spyder hybrid, a 500-horsepower vehicle with a V8 engine and electric motors that has a top speed of 320 kilometers per hour (200 mph).