Reports from end of 2011
Porsche – Down 6.6 Percent
Porsche reported its second straight month in a row with a downturn in year-over-year sales. This month Porsche’s sole gainer was the Cayenne with 1085 sold compared to the 997 sold last November. Only 167 Boxsters and Caymans, and 608 Panameras were sold last month. The 911 is predictably down as well, with only 395 sold last month as many hold out for the 991, scheduled to hit dealerships early next year.
While I agree that Porsche as a corporation is doing the right thing to survive, affordable Porsche sports cars have not survived. The company in order to survive has sold its soul. Its not same company it was from 50s to about mid 70's.
Frankly I'm more interested in companies like these that seem to be surviving just fine making innovative affordable sports/racing cars for driving enthusiasts.
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Remember when Porsche made fun affordable sports racing cars? They sold these for $7250 in 1964 - About $50K in 2012 dollars.
Porsche has abandonded the people who made the company successful for decades to put SUV's in the hands of wealthy people around the world.
Occupy Zuffenhausen!
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