Porsche Reports U.S. Sales Up 17 Percent

ATLANTA, Jan. 3 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for December totaled 1,744 cars, for an increase of 17 percent over the same period last year. In addition, year-to-date sales in the U.S. closed up 3 percent over last year, with a total of 23,041 cars sold in the U.S.

``The totals only tell part of the story,'' said Fred Schwab, PCNA President and CEO. ``This has been the best year in our history for 911 sales (up 18 percent for the year and 42 percent for the month), the best year in history for 911 Turbo sales (up 109 percent for the year) and the best overall U.S. sales year since 1987. The success is a result of providing what our customers want.''

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

    Boxster              350        345    5417     5772      1283
    Boxster Tip          127        125    1787     1821       223
    Boxster S            257        290    4098     4723       874
    Boxster S Tip         68         69     976      996       221
    ALL BOXSTER          802        829   12278    13312      2601

    All1998 Carrera        0          1       0        3         0
    Carrera Coupe        204         98    2049     1898       273
    Carrera Coupe Tip S   62         40     634      609        68
    Carrera Cabriolet    196        151    2439     2704       316
    Carrera Cabriolet
      Tip S              100         73    1129     1097        80
    Carrera 4 Coupe        3         57     438      561         5
    Carrera 4 Coupe Tip    0         20     115      136         0
    911 Turbo            179         81    1775      945        31
    911 Turbo Tip         64         17     643      210        12
    Carrera 4 Cabriolet   90         81    1046      671       121
    Carrera 4 Cabriolet
      Tip                 38         44     481      259        43
    GT2                    6          0      14        0         3
    All CARRERA          942        663   10763     9093       952


    GRAND TOTALS        1744       1492   23041    22405      3553