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.November 12, 2003
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This Week:

• Infiniti Introduces All-New QX56 Full-Size Luxury SUV

• The Minivan Formula

• Hyundai Names Newest SUV the Tucson

• BMW X3 Makes Official North American Auto Show Debut At South Florida International Auto Show

• Luxury Volkswagen Phaeton Arrives to Miami Auto Show - 'Represents Great Value in German Luxury Class'

• Toyota Announces $15 Million Expansion Of Facility In Erlanger, Kentucky

• Porsche sales up 85 percent in North America

• $400 Million Engine Plant Powers Holden's Global Drive

• Flagship Diesel Engine To Be Built At Dagenham

• Federal-Mogul Announces Joint Venture in Turkey

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Porsche sales up 85 percent in North America
 

Best October ever in its most important market for the sports car manufacturer Stuttgart - Dr. Ing. h.c. F. Porsche AG of Stuttgart has achieved strong sales growth in North America, by some distance its most important market. In October 2003, 2,790 vehicles were delivered to customers in the USA and Canada. In comparison with the same month last year, when the figure was 1,511 units, this represents an increase of 85 percent. At the same time, these are the best October sales figures that Porsche has ever achieved in North America. The main driving force behind this growth came from the Cayenne, with the new variants of the 911 also having a positive impact on sales.

In October, the Cayenne once made its mark on the market. 1,341 units of the sport utility vehicle were sold during the month, making it more than 10,000 Cayenne vehicles supplied to customers in North America since its launch in the region in mid-March 2003.

Of the sports cars - the 911 and Boxster - 1,449 vehicles were supplied in October (2002: 1,511 units). This represents a slight decline of four percent. The 911 series enjoyed all but steady sales levels, selling 936 vehicles (down one percent), while 513 Boxster units were shipped (down nine percent). Demand for the new cabriolet versions of the Carrera 4S and 911 Turbo, only launched at the end of September, was exceptionally strong and had a positive influence on Porsche's core business.

(03.11.03)