Porsche Reports April Sales in the U.S.

Panamera Continues to Set Record Pace; Cayenne Sell-down Effective

ATLANTA -- Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars, Cayenne SUVs and the Panamera Gran Turismo in the United States, today announced April sales in the U.S. of 1,747 units compared to the same period last year when it sold 1,853, a decrease of 6 percent.

Despite the overall decline, Porsche’s new four-door Panamera recorded its best-ever one-month sales of 678. To date, Porsche has sold 3,410 Panamera models in the U.S. since it went on sale in October 2009.

Contributing to Porsche’s sales decline in April versus last year was the anticipated and effective sell off of its 2010 Cayenne models earlier this year in preparation for the all-new, 2011 Cayenne. The new 2011 Cayenne S (V8) and Turbo models will go on sale in July, while the Cayenne and Cayenne S Hybrid models will be available this fall.

For the year, Porsche sales are still ahead of last year. Porsche’s overall year-to-date sales in 2010 are 6,969 compared to the same period last year when sales were 6,778, up 3 percent.

For the month, Porsche’s Approved Certified Pre-Owned vehicle sales were 713, compared to 615 for the same