http://www.earthtimes.org/articles/s...,1069167.shtml

 

I was one of those statistics.

 

amazing - they sold almost as many panameras as 911s. it would be interesting to see if this trend will stay.

it may make some sense btw, as most people with money are family folk and if I would have to choose between cayenne and panamera - I would choose a sedan, not SUV.

 

If you look at the numbers carefully you will see that 911 sales were down 25% from last year, and that is with 09's being offered a 20%+ off the sticker. Still a really tough market for Porsche.

 

I was one of them too!

Every time I see these stats I wonder why the take rate is so low on the Cayman and Boxter... You guys think there is just too much competition in that class making these cars too expensive? You would think the entry level Porsche's would out sell the upper lines but it would seem like Cayman/Boxter are more exclusive than 911's!

 

I've seen a good amount of Panameras rolling around in the Bay Area.

 

If you adjusted for the difference in selling days sales were up 28.3%. There were 25 selling days in Nov-08 vs 23 in Nov-09. Either way an impressive improvement.

 

This is similar to what BMW did -- release new models and claim improved sales . The Panamera didn't exist last year and those numbers get added ? The Gt3 is another model made in abundance --enough to sell 57 in a month . That almost reminds me of my Turbo in 07 ( a generally limited production car which was mass produced resulting in freefall depreciation decline).

Lets also remember that comparing the month of November this year versus last year -
1) Last year --The stock market was marching downward (was over 11K in Sept but slid under 8K in Nov ) .

This year - On Nov 5 the Dow closed over 10K for the first time in the 2009 year .

2) Last year - Porsche 911 cars were not getting the same discounts as seen this year in the "Porsche Moment" (with 09 models).

My conclusion -- The cars are selling but not enough . I believe that the large discounts sent buyers shopping and maybe .. just maybe .. that's what the cars are REALLY worth .

 

I agree with the added model lines, it is always such BS when they "increase" sales by offering new model line ups. Ultimately if you have to spend a ton on R&D and get a 3% pop in sales then the ROI is definitely not there...