Jump to content


SEARCH

0

Porsche plans to increase dealerships by 33% over next 5 years

By SYF77 on 19 Mar 2013

Attached Image

Porsche plans to increase its global dealership by 33% over the next five years. According to CEO Matthias Mueller, Porsche will invest 200 million euros annually to increase the number of dealerships to 1,000 outlets by 2018 from the current 750.

Attached Image

"Our international dealership network is being expanded at a high pace," said Mr Mueller at the Porsche museum. "In China alone, there's a new Porsche Centre opening almost every month," he added.

Despite challenging economic conditions in 2012, Porsche's operating profit rose 19% to 2.44 billion euros while delivering a record 143,096 vehicles. Such sterling results probably gave Porsche the confidence to commit to the aggressive expansion plans. However, the brand is cautiously optimistic on this yearís earnings to match last yearís.

Porsche intends to boost sales to a minimum 200,000 units per year by 2018. To achieve that, the supercar maker plans to expand its current product lineup. In the pipeline are the 918 Spyder hybrid (below) scheduled for end 2012, Macan SUV for early 2014 release and a "baby" Panamera.

Attached Image



sales report, discussions and 10 more...

Viewed: 1,071 times

Related Blog Posts
SYF77
Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.



 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
The MCF Hangout with Jetabout Holidays, held at CoSpace at Science Park, offered attendees a tast...
POPULAR BLOG POSTS
Photo
More news on Toyota's new baby: It appears Toyota U.K. has overbooked the amount of special e...
Photo
Yes, the Honda Civic Type R is already one of the most extreme-looking cars on sale today. And ye...
Photo
Ahead of his 50th birthday on January 3, the family of Michael Schumacher has released a rare sta...
Photo
MyCarForum and sgCarMart recently went on a trip with Prime Follow Me Japan to East Kyushu, Japan...
Photo
Mercedes-Benz has announced that its newest, smallest car, the 2019 A-class sedan, we can expect...
   Lifestyle Articles