Financial Daily from THE HINDU group of publications
Friday, May 13, 2005
Financial Daily from THE HINDU group of publications Friday, May 13, 2005 |
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Marketing
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New Products & Services Porsche launches Carrera Our Bureau
RS 75 LAKHS AND MORE: Models at the launch of Porsche 911 Carrera Cabriolet in the Capital on Thursday. - Ramesh Sharma
New Delhi , May 12 GERMAN car major, Porsche AG, on Thursday launched its sports car 911 Carrera Cabriolet in India. It will be imported from Stuttgart and sold in India through the company's partners, Exclusive Motors in Delhi and Shreyans Motors in Mumbai. With a price tag of Rs 75 lakh onwards, the price of this luxury convertible will vary according to customer specifications. This new addition to the Porsche range in India symbolises the growing market for luxury cars here. We expect to sell 100 units from the Porsche range, which includes sports cars 911 Carrera and Boxster S, and sports utility vehicle Cayenne, by July this year," the Exclusive Motors Director, Mr Satya Bagla, said. The Porsche 911 Carrera Cabriolet offers supreme brake system, incorporating 330 mm brake disc on all four wheels. Porsche entered the Indian market at the end of 2004.
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