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Porsche sales high on Cayenne, Panamera

Porsche tripled its revenues in 2010, all the credit largely to profits from the Cayenne and Panamera. The Stuttgart-based automaker accounted $960 million in profits before taxes and interest in 2010, up from $227 million the year before.

porsche-cayenne

More remarkable is the fact that those numbers symbolize a shortened fiscal year in 2010, meaning these items are moving like the recognizable hot cakes. Porsche’s five-month revenue total improved by 59 per cent to 3.87 billion Euros.

Porsche is hoping to spread out its international sales to 200,000 by 2018, or approximately double the number of dreamboats it moves now. With sales increasing this quickly, that target doesn’t seem too far away.

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