Porsche Reports November 2008 Sales in U.S.

ATLANTA, GA. December 2, 2008: Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced November sales in the U.S. of 1,378 units compared to the same period last year when it sold a near record-setting 2,662. The dramatic downturn in the car market, including luxury brands, shows no sign of recovery with Porsche’s November sales barely equaling its October result of 1,427 just one month ago.

Through eleven months, Porsche’s year-to-date U.S. sales were 23,881 versus 31,802 in 2007, a decline of 25 percent.

For the month of November, Porsche’s Approved Certified Pre-Owned vehicle sales were 418, compared to 584 for the same period last year.