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Automotive Industry
Industry: Email Alert RSS FeedPorsche roars past sales targets.(News)
Automotive News Europe, September, 2003
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Although Porsche AG again posted record sales in the financial year that ended July 31, finance director Holger Harter isn't resting. In a recent interview he discussed the company's hedging against currency fluctuations and Porsche's dispute with the Frankfurt Stock Exchange.
Q: Porsche continues to break records. Is everything going as planned?
A: It's going even better than planned. At the beginning of the past financial year, we announced that our goal was to sell 65,000 vehicles. We have sold more than 66,800. We aimed to sell 25,000 Cayennes during a full financial year ...
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