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    Selling just fine....

    FRANKFURT, March 1 (Reuters) - Germany's Porsche (PSHG_p.DE: Quote, Profile, Research) increased
    vehicle sales in its key North American market by 19 percent to 2,797 for the month of February on the back
    of its new Cayman S sports coupe, the company said on Wednesday.

    Porsche said 566 of the 910 vehicles sold of the Boxster model constituted its new coupe-derivative
    Cayman S, which was only launched a few weeks ago in North America. The 910 figure represented a rise of 61 percent.

    ATLANTA, March 1 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA),
    importer and distributor of Porsche sports cars and Cayenne SUVs in the United
    States and Canada, today announced its best-ever February sales in the United
    States. The company sold a total of 2,700 Porsches, an increase of 20 percent
    compared to February of 2005.
    This record-setting performance was due to sharp increases in sports car
    line sales. The Boxster/Cayman series sales of 870 units was 60 percent ahead
    of the same period last year, while the 911 series total of 902 units was 31
    percent greater than the February 2005 total. Sales of the Cayenne totaled 917
    units.
    "To have such a strong sales performance in our sports car model lines is
    very impressive," said Peter Schwarzenbauer, PCNA President and CEO. "It is
    also remarkable given the difficult economical environment as well as the
    harsh weather that hit our major Northeast markets last month."

    Re: Selling just fine....

    Good. Now they can settle that labor dispute so they can build my 997C2. Better be soon or I'll just cancel that order..

    Re: Selling just fine....

    US figures do look really nice. In Germany there have been 127 Cayman S registered in January (against 228 Boxsters) - seems to be just at the originally budgeted sales ratio 1:2 (Cayman:Boxster). So first impression is: great launch in the US , "on target" launch in Germany , RoW numbers not published yet .

    Re: Selling just fine....

    Quote:
    Porsche-Jeck said:
    US figures do look really nice. In Germany there have been 127 Cayman S registered in January (against 228 Boxsters) - seems to be just at the originally budgeted sales ratio 1:2 (Cayman:Boxster). So first impression is: great launch in the US , "on target" launch in Germany , RoW numbers not published yet .



    We should discuss the Cayman S sales figures based on the cars sold from January to July only.
    Next MY, the Cayman (non-S) will be available, attracting more buyers, keeping orders at a steady level.
    And in two years, a Cayman RS/Turbo/whatever may come out to keep sales steady or to keep them from dropping. This is a standard procedure in Porsche model policy.

    Germany, the second largest market for Porsche, is more important regarding new models than many people think. Remember the 924/944/928? Great success in the US...not that good after a while in Germany. Result: bye-bye.
    The Boxster was a different story, it offered something Porsche didn't have yet. Same appliest to the Cayenne. The Cayman is too much Boxster and wants to be too much 911. This could actually "break it's neck" on a longterm run.

    Re: Selling just fine....

    Quote:
    RC said:
    And in two years, a Cayman RS/Turbo/whatever may come out to keep sales steady or to keep them from dropping. This is a standard procedure in Porsche model policy.



    Spilling the beans already?

    Re: Selling just fine....

    the 928 sold well in the US? i thought it was just a bomb altogether, but a bomb that lasted 15 yrs !

    Re: Selling just fine....

    Both the 944 and 928 were great cars.....with them being much better at a lot of things then the 911 ever was. A much cheaper 944 Turbo would rip a same year 911 up at the track without a problem, and I'd much rather have a 928 for long distance and around town driving any day. Both the 944/928 are so balanced compared to a same year 911 it's almost laughable.

    Let's face it, Porsche spent a lot of time and money nursing the "icon" along over the years.....so much so that their other cars suffered because of it.....and often met their fate after competition had passed them by.

    In essence we are seeing a revival of the 944/928 today.....I view the Cayman S and soon to be base model as today's 944....so balanced and fun to drive.....much more than a 911, and I know Porsche would love to have a great new 928 to compete with the M6, Astons, AMGs, etc.

    Both the 944 and 928 enjoyed good long runs by automotive standards. It's a shame others couldn't get over seeing the 911 as the only Porsche......for those that did, they were rewarded with some of Porsches best road cars pure and simple.

    Re: Selling just fine....

    Be careful with these numbers. Boxster as well as 997 coupe sales are down from 2005 sales. Porsche pads the numbers by including Cab. sales which according to their accounting did not exist in 2005.

    Thus, any sale of a Cab has an accelerator affect (e.g. every sale of a Cab increases it sales by 100% ) on sales for any period.

    Re: Selling just fine....

    Quote:
    nberry said:
    Be careful with these numbers. Boxster as well as 997 coupe sales are down from 2005 sales. Porsche pads the numbers by including Cab. sales which according to their accounting did not exist in 2005.

    Thus, any sale of a Cab has an accelerator affect (e.g. every sale of a Cab increases it sales by 100% ) on sales for any period.



    No doubt if the Cayman had a prancing horse emblem you would be singing a different tune?

    Re: Selling just fine....

    Quote:
    MikeN said:
    A much cheaper 944 Turbo would rip a same year 911 up at the track without a problem, and I'd much rather have a 928 for long distance and around town driving any day. Both the 944/928 are so balanced compared to a same year 911 it's almost laughable.


    As an owner of two 944 Turbo S's and having driven several 928's, yes the water-pumpers were more balanced but FAR less fun to drive than their contemporary 911 mates on road or track, despite the 944 Turbo setting the best times.

    It's interesting to take a look at the cars produced in 1988 (let's say all cars in nice condition with 75k miles).

    Today a 1988 Carrera is worth over $25k, an 88 944 Turbo (non-S) is worth around $10k and an 88 928S4 is worth high teens (and was originally the most expensive of the group by a wide margin). 19 years later, the market has spoken about which the best car truly is

    Re: Selling just fine....

    I just visited Rusnak Porsche in Pasadena and the salesman said "Cayman sold very well in the first month and then sales just dropped." This is barely the third month of sales and they had cars everywhere. And we are talking about a major dealer in Porsche largest regional market with a very mild winter. At a focus group on the Cayman over a year ago, Porsche focused half of the session on pricing. "How much premium would still pay for the Cayman?" They had two black beautiful cars on the showroom floor. I just may have to help Porsche out and get one of them...

    Re: Selling just fine....

    Quote:
    vtrader said:
    I just visited Rusnak Porsche in Pasadena and the salesman said "Cayman sold very well in the first month and then sales just dropped." This is barely the third month of sales and they had cars everywhere. And we are talking about a major dealer in Porsche largest regional market with a very mild winter. At a focus group on the Cayman over a year ago, Porsche focused half of the session on pricing. "How much premium would still pay for the Cayman?" They had two black beautiful cars on the showroom floor. I just may have to help Porsche out and get one of them...



    Yup McKenna said the same thing....things just dropped for the Cayman last week. By the way Rusnak is offering huge discounts on the Cayman.

    Re: Selling just fine....

    Dealers down here in southern california have lots of cayman S on their lot. The one at newport had 6 identical artic silver cayman s

    Re: Selling just fine....

    If they were six identical Arctic Silver cars, were they the launch/track cars used for the dealer launch? All those cars were silver/black, Carrera S 19" wheels, TPMS, no auto climate, PCM. Here in the Midwest they seem to be still hot. My dealer has 6 or so cars on ground now but is sold out until June allocation is released.

    Re: Selling just fine....

    Same here.....my dealer only has 2 or 3 on the lot now and is ordered up for the next few months. Maybe people need to start shopping across geographical areas. Sure sounds like they are selling well in some areas....and not in others.

    Re: Selling just fine....

    Quote:
    turbokuo said:Yup McKenna said the same thing....things just dropped for the Cayman last week. By the way Rusnak is offering huge discounts on the Cayman.


    How much is "huge"?

    If it's true that the Cayman is not selling well, I think we'll see them add more power (hopefully) soon...

    Re: Selling just fine....

    Quote:
    MikeN said:
    Same here.....my dealer only has 2 or 3 on the lot now and is ordered up for the next few months. Maybe people need to start shopping across geographical areas. Sure sounds like they are selling well in some areas....and not in others.



    Likely, too, is that Porsche is sending more cars to the four seasons sports car states. Thus, high demand + relatively tighter supply in the Midwest means tight availability, while high demand + bigger allocations in CA means the appearance that there are a lot of cars sitting around.

    It would be interesting to see what the number of days supply broken down per region is.

     
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