Porsche Cars North America Reports August Sales for U.S.

ATLANTA, Sept. 4 Porsche Cars North America (PCNA), importer and distributor of Porsche sports cars in the United States and Canada, today announced U.S. retail sales totaled 1830 cars, 6 percent fewer than for the same period last year. Year-to-date sales in the U.S. are up 5 percent.

"Porsche Cars North America has experienced solid sales over the past year in spite of the economic slowdown," said Fred Schwab, PCNA President and CEO. "Although sales were lighter during the month of August than the previous August, this is natural due to the phasing out of our 2001 model line and the anticipation of our new 911, which has been given a facelift as well as performance enhancements for model year 2002.

"PCNA's dealer body took delivery of approximately 70 percent of their model year 2002 vehicles after August 20th, much too late to have a positive sales impact. For the month of September, PCNA expects higher sales than September 2000. In addition, we anticipate the demand for model year 2002 cars to drive sales increases that will place PCNA 2001 calendar year sales approximately 10 percent higher than those achieved in calendar year 2000."

Model Month to Date Year to Date Dealer Stock Current Prior Current Prior Current Year Year Year Year Year Boxster 448 535 4291 4346 878 Boxster Tip 136 142 1404 1330 143 Boxster S 348 468 3269 3590 499 Boxster S Tip 111 84 754 765 175 ALL BOXSTER 1043 1229 9718 10031 1695 All 1998 Carrera 0 0 0 2 0 Carrera Coupe 182 127 1297 1376 264 Carrera Coupe Tip S 65 46 401 432 65 Carrera Cabriolet 152 208 1664 2024 236 Carrera Cabriolet Tip S 83 86 784 818 76 Carrera 4 Coupe 22 51 416 329 34 Carrera 4 Coupe Tip 5 6 115 66 3 911 Turbo 129 127 1260 514 13 911 Turbo Tip 39 12 456 114 8 Carrera 4 Cabriolet 82 34 630 368 90 Carrera 4 Cabriolet Tip 28 17 288 148 20 All CARRERA 787 714 7311 6191 809 GRAND TOTALS 1830 1943 17029 16222 2504