Even in this harsh economical climate, Porsche sales continue to grow, as the German maker shifted 21,218 units in the first three months of the 2010 short fiscal year (August 1 – December 31). That's an impressive 86.4% growth compared to the same period last year, although Porsche management admits that the prior-year quarter was "relatively weak", so a higher growth rate was expected.
Porsche deliveries have increased substantially last month, with the German luxury carmaker selling 10,667 vehicles, up 29.5% compared to June 2010. Porsche's first half of the year sales also increased by 36.8% compared to the same period in 2010, with a total of 60,659 units sold from January throughout June.
The Porsche Panamera (Type number 970) is a four-door, four-seat luxury sedan with a coupe profile and a rear hatch.It is front-engined with rear-wheel drive, with a four-wheel drive version also available.
The Porsche Panamera production model was unveiled at the 13th Auto Shanghai International Automobile Show in Shanghai, China, on April 2009.
In September 2010, Porsche announced that it had produced over 25,000 Panameras in just one year of the car's arrival in the market, ahead of its initially-projected 20,000-vehicle figure. Over 22,518 have already been delivered to customers around the world, with the most popular market being the United States and the most popular vehicle in the range being the Panamera 4S.
The Panamera comes with the Porsche Traction Management (PTM), which is Porsche's name for its fully-controlled, four-wheel drive system. PTM is standard on both the Panamera 4S and the Panamera Turbo. Optional Sports Chrono Packages include a Sport Plus button, which has tighter damping and air springs, and lowers the car body by 25 mm (1.0 in).
