Porsche to hit 200,000 car-sales target years ahead of plan: CEO
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[February 12, 2014]
By Andreas Cremer
LEIPZIG, Germany (Reuters) — Porsche <VOWG_p.DE>
expects to hit a target of selling more than 200,000 sports cars
next year, three years earlier than originally scheduled, as the
brand keeps pushing into sport-utility vehicles, Chief Executive
Matthias Mueller said.
"The target is achievable in 2015 provided there are no disruptions
and that markets continue to develop positively," Mueller said on
Tuesday after a ceremony to open the brand's enlarged factory near
the eastern German city of Leipzig.
Volkswagen-owned Porsche is entering the lucrative segment of
compact SUVs with its new Macan model, which has already sold out
about eight months of production ahead of its arrival at German
dealerships on April 4, sales chief Bernhard Maier said.
The Macan, which competes with BMW's <BMWG.DE> X3 model and the
Mercedes-Benz <DAIGn.DE> GLK, will replace the more roomy Cayenne
SUV as Porsche's top-selling model next year, research firm IHS
Automotive said, pegging 2015 Macan sales at 81,025 units compared
with 70,055 for the Cayenne.
Porsche originally set the 200,000 sales goal for 2018 when parent
VW is aiming to overtake Toyota <7203.T> and General Motors <GM.N>
as the world's biggest carmaker. CEO Mueller has been saying for
months that the goal could be met earlier.
Porsche works council chief Uwe Hueck hailed the Macan as worthy
addition, though warned that the iconic brand, which advertises as
"manufacturer of exclusive premium cars," does not over expand in
the push for volume.
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"We must take those warnings (of over stretching the brand's
identity) serious, one can't ignore them," Hueck told Reuters on
"We must ensure that the Porsche myth is preserved. Whether this is
the case with 200,000 or 250,000 units is something we will have to
look at," said Hueck, who also sits on the sports-car maker's
($1 = 0.7327 euros)
(Editing by William Hardy)
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