Record sales in 2011 for Porsche in Asia Pacific with 3,930 vehicles sold

SEOUL--(Korea Newswire)--Once again, Porsche has good reasons to celebrate as Porsche Asia Pacific reports continued positive sales development in the region. The recorded 2011 total sales is 3,930 vehicles (from 1 January to 31 December, 2011). The new all-time sales record in 2011 is an increase of 74% comparing to the same period in 2010. The ascending trend in terms of sales is mainly due to the success of Cayenne and Panamera models.

Christer Ekberg, Managing Director of Porsche Asia Pacific, claimed that the current attractive line-up is boosting the growth of Porsche in Asia. Other than the fact that the Cayenne and the Panamera are always in high demand, the new iconic 911 and the new Boxster -- announced last week -- will further strengthen Porsche’s position in the sports car segment in Asia Pacific.

The rising sales trend in 2011 was largely affected by the strong performance of markets such as South Korea with total sales of 1,301 vehicles (+86%) and comparably strong performer, Taiwan, with 1,213 vehicles (+123%, more than doubled from 2010). Sales in Singapore was an all-time high of 472 vehicles. Other important markets within the region, including Thailand, Philippines, and Vietnam continue to grow, contributing to 116, 108 and 88 respectively to the regional sales. Brunei, French Polynesia, Indonesia, Malaysia, New Caledonia and Sri Lanka comprised more than 18% of the total regional sales. All these different markets are in various stages of development, some have the potential to become the most important growth markets of tomorrow.

Regarding the sales per model line, the popular Cayenne SUV continued to be the strongest performer with sales of 2,300 vehicles, a 215% increase compared to the previous year. The sales of Porsche’s four-door Gran Turismo Panamera models were up by 43% with 990 vehicles. The iconic 911 and Boxster, phasing-out in 2011, contributed 337 and 303 vehicles respectively to the total sales of 3,930 vehicles.

Stuttgart Sports Cars Ltd. President, Michael Vetter said “2011 was a very strong year and we are delighted at the increasing interest towards Porsche. We are thankful to all customers for their loyalty and interest and we look forward to continuing the fascination with exciting new Porsches in 2012.”


About Porsche Asia Pacific Pte Ltd
Porsche Asia Pacific Pte Ltd commenced operations on October 1st, 2001 and was founded to give Porsche closer ties with Asia Pacific markets that are becoming increasingly important and to support our importers and dealers. Porsche Asia Pacific supports the operation of 12 countries: Brunei, French Polynesia, Indonesia, Malaysia, New Caledonia, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.

About Stuttgart Sports Cars Ltd.
Stuttgart Sports Cars Ltd. is the official Porsche Importer in Korea representing the Porsche brand since 2005 and has successfully established and maintains the Porsche brand in Korea which has led to strong market growth in Korea. SSCL is committed to providing customers a unique purchasing and ownership experience with Porsche and has successfully built a strong brand loyalty with passionate customers in Korea. Currently, Porsche Dealerships in Korea include Porsche Centres in Daechi, Bundang, Ilsan and Busan and additional Porsche Centres will be established through dedicated dealer development efforts.

Website: http://www.porsche-korea.com

This is a news release distributed by Korea Newswire on behalf of this company.