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Porsche Has No Plans for Model Priced Less Than Boxster

By Nick Gibbs, Automotive News Europe

By AutoWeek Jun 21, 2012 1:08PM
The Porsche Boxster will anchor the lower end of the German sports-car maker's lineup. Photo by Porsche.


Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing.

"To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan."


He said Porsche's plan to double sales won't compromise exclusivity. "We will retain the brand's exclusiveness despite increasing volumes. We have to accelerate to stay successful in the long run."


Porsche aims to sell 200,000 cars a year by 2018. Last year the company sold 117,000, a rise of 18 percent on 2010 figures.


"Our Strategy 2018 began by defining the brand strategy," said Maier. "No matter what we build--we build sports cars."


He said the brand had been called into question every time the company launched into a new sector. Next year, Porsche will launch its second SUV, the smaller Macan.


Maier insisted it would fit the brand. "We always offer the sportiest and most exclusive vehicle in the segment," he said.


The large Cayenne SUV is now Porsche's biggest seller, accounting for half of the firm's sales in the first quarter of 2012.


Despite the increased volumes, exclusivity is still achievable Maier said: "We offer one car fewer than the market is able to handle,' he said.


"If the experts are right and the world markets grow to 100 million units in 2018 and Porsche would sell 200,000 units, we would have a world market share of 0.2 percent. I don't believe this would be a drastic change in exclusiveness."


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6Comments
Jun 22, 2012 1:07AM
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Don't assume your group's auto insurance offering is the best deal. Comparison shop, talk to your financial adviser or check "Clearance Auto"

Jun 25, 2012 8:24AM
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Now if we include all porsche's automobiles the Cayenne is priced under the boxster and so will the Macan when it arrives soon..I hope so! Now if we are only talking about cars then yes the Boxtser is the least expensive and Porsche can set a standard like that due to the quality that they offer to such a customer these days and hopefully for me within the next couple of years (waiting to see the macan and graduate college ha-ha). With Porsche's history and looks to be bright future a standard of this pricing shouldnt be viewed negative, but positivel knowing that they know they can offer a luxury car with guts rather then a cheap manual with some luxury things to make it look nice for about 30k. Porsche keep up the good work and set those standards high so that when people hear, sit, or look at a Porsche they will know for sure it is a Porsche!

Jun 22, 2012 6:08AM
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Porsche need not worry about lowering prices.

Subaru has a great engine,the Polish  engineers create a stainless body,Allison can make the transmission,Bembo can create the brakes,the suspension can be produced in the Czech Republic,the California design colleges can improve the design, and a Dubai financier can make a better car for under $30,000 which gives you 40 mpg on the highway.Fiat can market this at their dealerships around the globe.

Jun 22, 2012 5:15AM
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lets get this merger over with and get the ball rolling.

soooooo sick of this pussy footing around.

Jun 25, 2012 8:07PM
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If you buy a Porsche that's anything other than a 911, you are an idiot. The Boxster and Cayman (identicle except for the roof) are created as an afterthought, to lure in buyers who don't have enough money to buy a 911. So if you have a Boxster or Cayman, what you are telling everyone is that "I want a Porsche but I'm too poor to afford a 911". On the other hand, the Cayenne is nothing more than a rebadged VW Toureg with a different body. So if you own a Cayenne, you are telling everyone "I'm an idiot who loves brand badging so much that I paid $20,000 extra for a VW Toureg". And of course, the new Macan is basically a rebadged Audi Q5, which is itself a re-badged VW Tiguan, see how that works?
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