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The recession has delivered a heavy blow to Porsche sales worldwide, according to figures released by the german carmaker.
Sales fell 28 per cent to 53,635 between August 2008 and the end of April, Porsche said with turnover down 15 per cent to 4.6bn Euros (£3.9bn).
All models were adversely affected. Sales of the 911 fell 18.2 per cent to 20,254 vehicles, Cayenne dropped 25.1 per cent to 24,689 and Boxster sales, including the Cayenne, fell 46.7 per cent to 8,692 vehicles.
Regional decline
All regions were hit. Germany saw a 18.7 per cent fall in sales in the first nine months of the year while sales in the US fell 30.1 per cent to 17,597 vehicles.
In the UK, Porsche sales were down 33.24 per cent in the first five months of 2009, according to SMMT figures.
In a statement Porsche said: “In light of the continuing financial and economic crisis, the general economic conditions worldwide will remain difficult.
“It cannot be ruled out that the economic situation may even intensify.
“Porsche had already extended Christmas vacation by three days at the Zuffenhausen parent plant as a reaction to the economic crisis.”
Volkswagen investment
The figures do not include any from Volkswagen, in which Porsche has a 51 per cent stake.
Porsche had planned to increase its stake in Volkswagen to 75 per cent but talks broke down in May amid reports that the company could not raise the money.
Porsche is in talks with the Quatar Investment Fund over a possible investment.