Porsche hopes to sell 100,000 units globally in 2011

Porsche Panamera Diesel

Porsche’s sales and marketing head Bernhard Maier said that the company expects its new-car sales in Europe to grow significantly.

“In Europe, a 20 percent growth rate is absolutely conceivable,” Maier said.

Maier said that new products like the next-generation Porsche 911 and the Porsche Panamera S Hybrid and Panamera Diesel.

Last year, the company sold around 37,000 cars in Europe and had orders for 44,000. Globally, Porsche sold 97,000 units in 2010 and Maier said that the company is aiming to break through the 100,000 unit barrier this year. Long term, Porsche has goals to double annual sales to 200,000.

– By: Omar Rana

Source: Automotive News