Porsche have revealed they made record sales in its financial year, as unit sales outside its core European and North American markets grew by more than 25% thanks largely to demand in China.
The company said on Wednesday that vehicle sales in the 12 months through to the end of July 2010 rose 8.8% to 81,850 units, while output surged 16.1% to 89,123 units.
Porsche said it expects to see the positive trend continuing in the current business year.
Of the 25,283 units Porsche sold outside of the key North American and European markets 11,724 were sold in China which is an increase of 47.5% on the preceding period.
Porsche parent company Porsche Automobil Holding SE revealed its full-year revenues rose 18% t to 7.79 billion euros ($10.6 billion) during its fiscal year.
Porsche SE, which is merging with VW, Europe’s largest car manufacturer, is bringing in new cars to expand its four-model line-up in order to aid in reaching a target of doubling deliveries to 150,000 units in the medium term.
The Panamera has sold 20,615 units worldwide since it was introduced by Porsche as the latest model line last September.
Source: Automotive News