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WORLD
Porsche outsells Jaguar more than 2:1 globally
200,000 - Likely Porsche sales by 2016
Published: Tue, 03 Dec 2013 20:10:02 GMT
 

Porsche Cayman S Frankfurt stand 2013 IAA

Porsche AG, the Stuttgart-based designer and manufacturer of desirable high image motor cars, and only of late roped into Volkswagen Groupís growing portfolio of brands, is not only on course for yet another all-time global car sales record.  

Its much envied high profitability also remained in the top-margin stratosphere, hitting a sky high 18.2 per cent during the nine months to September this year after declaring operating profits of Ä1.89bn for the same spell. 

Thatís after an extensive investment drive into new models like the Macan, the costs related to its Leipzig plant expansion and further setting up costs at its Weissach development centre.

This October, echoing the upbeat story seen all of this year, Porscheís worldwide sales rose 14.6 per cent to 13,393 units, buoyed by double-digit gains in all major markets
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