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Porsche(R) to Build Hybrid Version of Cayenne(R) SUV

   Porsche's new Cayman S, a mid-engine coupe shown for the first time publicly today, expands Porsche's offerings and fills the position between the Boxster S and Porsche 911 Carrera. (PRNewsFoto)

ATLANTA, GA USA
   Porsche announced in Frankfurt today it intends to build a hybrid version of the Porsche Cayenne sport utility vehicle before the end of the decade. (PRNewsFoto)

ATLANTA, GA USA
  Company Also Reveals Record Sales/Revenue Results and Unveils Cayman S(R)
                           at Frankfurt Motor Show

    ATLANTA, Sept. 13 /PRNewswire/ -- At its press conference today at the
Frankfurt Motor Show (IAA) in Germany, Porsche announced its decision to build
a hybrid version of its highly successful Cayenne SUV, revealed provisional
results for its 2004/2005 fiscal year, and took the wraps off its newest
sports car -- the 2006 Cayman S.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20050913/CLTU025-a
             http://www.newscom.com/cgi-bin/prnh/20050913/CLTU025-b )
    The hybrid Cayenne will cut fuel consumption by approximately 15 percent
while retaining its legendary Porsche driving dynamics. To be launched by the
end of the decade, the vehicle's environmentally friendly drive system is
being developed together with Volkswagen Group. It will be based on a Full
Hybrid Drive Concept, meaning that the vehicle will be powered by both a
gasoline combustion engine and an electric motor that operate independently or
in a joint process.
    Dr. Wendelin Wiedeking, Porsche President and CEO, announced the company
again set records for both revenue and sales.  For the fiscal year that ended
July 31, 2005, revenue was up by 6.8 percent to Euro 6.56 billion, while sales
increased by 15 percent to 88,379 vehicles worldwide. Porsche attributes much
of the growth to successful sales of the redesigned Porsche Boxster(R) models
(up 38.7 percent worldwide) and the new-generation Porsche 911(R) Carrera(R)
models (up 17.4 percent worldwide). Total Cayenne sales of 41,884 units (up
4.9 percent worldwide) reflect the ongoing attraction of Porsche's youngest
model line.
    Porsche expects to see further sales momentum as a result of the long-
awaited two-seat Cayman S coupe, which premiered today and will be introduced
in the North American market in January 2006. Flaunting a pedigree of both the
911 Carrera and Boxster series, this striking extension of Porsche's range of
sports cars incorporates dramatic new styling, a powerful 295 hp (SAE) engine,
and features and options made popular by its brethren. The only mid-engine
coupe in its class, the Cayman S is positioned and priced between the Porsche
911 Carrera and Porsche Boxster S.
    Porsche Cars North America, Inc. (PCNA), based in Atlanta, Ga., and its
subsidiary, Porsche Cars Canada, Ltd., are the exclusive importers of Porsche
911, Boxster and Carrera GT sports cars and Cayenne sport utility vehicles for
the United States and Canada.  A wholly owned, indirect subsidiary of Dr. Ing.
h.c.F. Porsche AG, PCNA employs approximately 250 people who provide Porsche
vehicles, parts, service, marketing and training for its 209 U.S. and Canadian
dealers. They, in turn, provide Porsche owners with best-in-class service.


SOURCE Porsche Cars North America




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Related links:
  • http://www.porsche.com
    Photo Notes:
    NewsCom: 
    http://www.newscom.com/cgi-bin/prnh/20050913/CLTU025-a
    http://www.newscom.com/cgi-bin/prnh/20050913/CLTU025-b
    AP Archive: http://photoarchive.ap.org AP PhotoExpress
    Network: PRN7, PRN8 PRN Photo Desk,
    photodesk@prnewswire.com
    CONTACT:
    Bob Carlson, Manager, Automotive Media,
    +1-770-290-3676, or Martin Peters, Manager, Corporate
    Communications, +1-770-290-3667, both of Porsche Cars North
    America, Inc.