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: 8,000 units this year.
Porsche is eyeing majority stake in VW by early next year with full control over strategic decisions and VW’s profits next year by raising its stake above the 50% threshold. Porsche chief executive Wendelin Wiedeking has reportedly reaffirmed the carmaker would take its VW voting stake to 75% at some point in 2009. That could see more action from Porsche in the emerging markets.
The Amby Valley road show signifies the company’s focus on the large emerging markets. “Our strategy will be to establish the brand in the market and expand the dealership network in the country. The road show is one such step in this direction as if you don’t put down the foundation properly then it will lead to a fall over,” said Wallace. Currently, the company has two dealerships in India, in New Delhi and Mumbai. It plans to open dealerships in Ludhiana, Hyderabad, Bangalore and Chennai in the next few months. Punjab is a very strong focus region for the company.
Porsche started organising the Porsche World Road Show in 2004, the first being in Norway. The road show goes around the world with the same vigour and enthusiasm. In India, the road show witnessed the presence of the members of the media and around 300 customers with local sales people at the site. Like in other countries, the road show saw four professional instructors from Germany, Austria, Belgium and Switzerland helping our the gathered enthusiasts learn the driving techniques of off-roading, braking, handling and slalom. The cars that joined the sport were the Boxster S and Cayman S (295 hp/ 0-100 kph in 5.4 seconds), Cayenne GTS (405 hp/ 0-100 kph in 6.1 seconds), 911 Carrera S (385 hp/ 0-100 kph in 4.7 seconds) and 911 turbo (480 hp/ 0-100 kph in 4 seconds).
Porsche World Road Show is a regular feature around the world. The countries the road show will visit during the 2008 include Qatar, Bahrain, China, Sweden, Mexico, Finland, Norway, Russia, Ukraine, Switzerland, the Netherlands, Korea, India, New Zealand and Singapore....
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