Porsche sees potential to sell 150,000 cars a year, CEO says
Porsche sees potential to sell 150,000 cars a year, CEO says
FRANKFURT (Reuters) — The head of sports car maker Porsche AG said the company could sell 150,000 cars a year in the mid to long-term, but new models would be needed to achieve this near doubling of sales.
“If the world economy picks up again, we can well imagine unit sales of 150,000 Porsche cars per year,” CEO Michael Macht told German newspaper Welt am Sonntag in an interview.
“But we won’t achieve this with the four models that are existing today. Otherwise, we would have to significantly increase the number of cars of the current models. And then we would not be exclusive anymore. Therefore we have to think about new vehicles.”
Porsche currently manufactures the 911 sports coupe, the Boxster cabriolet and its hardtop variant, the Cayman, the Cayenne SUV and the Panamera luxury sedan.
Preliminary results showed unit sales at the Porsche AG plunged 24 percent to about 75,200 vehicles in the past fiscal year to the end of July 2009.
Electric ambitions
Macht said that the company was working “intensively” on an electrically powered sports car but it would take some time until a marketable model could be introduced “with a reasonable reach, achieving the same handling characteristics of a gasoline engine.”
Being asked whether that would ever happen, Macht was quoted as saying: “I could imagine that we will drive the first vehicles in as soon as five to 10 years.”
Regarding the future of the company Macht, who took over the position of Porsche AG CEO from Wendelin Wiedeking in July, said: “I am standing for integration instead of confrontation. This does not mean that my predecessor was the exact opposite. He very much could integrate, otherwise he would not have been that successful over so many years.”




