Porsche Cars North America Reports January U.S. Sales

ATLANTA, Feb. 1 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for January totaled 1485 cars, a 28 percent decrease over the same period last year.

This month's decrease is a result of the so-called ``basis effect.'' Last year's January and February sales were unusually high due to an anomaly in supply caused by two late shipments in December 2000. Despite the apparent drop in sales, PCNA continues to operate on plan and is optimistic about the overall sales climate for 2002. Demand is very strong for all 911 models, particularly the recently announced Targa and Carrera 4S.

    Model               Month to Date           Year to Date     Dealer Stock
                    Current        Prior      Current      Prior      Current
                      Year          Year         Year        Year        Year

    Boxster           321          493          321          493        1428
    Boxster Tip.      122          164          122          164         203
    Boxster S         213          434          213          434         979
    Boxster S Tip.     49           92           49           92         261
    ALL BOXSTER       705         1183          705         1183        2871

    Carrera Coupe     125          142          125          142         262
    Carrera Coupe Tip. 43           47           43           47          67
    911 Targa          43            0           43            0          38
    911 Targa Tip.     12            0           12            0           5
    Carrera Cabriolet 170          208          170          208         332
    Carrera
      Cabriolet Tip.   66           95           66           95          74
    Carrera 4 Coupe     4           75            4           75           4
    Carrera 4
      Coupe Tip.        0           24            0           24           0
    911 Turbo Coupe   163           87          163           87          42
    911 Turbo
      Coupe Tip        51           36           51           36          14
    Carrera 4S Coupe    0            0            0            0           0
    Carrera 4S Tip.     0            0            0            0           0
    Carrera 4 Cab      72          116           72          116         130
    Carrera 4 Cab Tip. 28           38           28           38          34
    GT2 Coupe           3            0            3            0           5
    ALL 911           780          868          780          868        1007


    GRAND TOTALS     1485         2051         1485         2051        3878