PORSCHE RAISES BASE PRICING

Porsche has announced that it will be raising base prices on all of their models with the base Cayman and all Cayenne models being the only exception. This news comes just as the Dollar is at its weakest versus the Euro, which pundits suspect could be the root of such an increase.

The increase will vary depending on models and will top out at a whopping 2.3% hike for the top-of-the-line 911 Turbo. Other models will be increased from .4% for the Boxster S and Cayman S up to 1.5% for 911 variants (911 cabs increase by 1.4%).

While Porsche is the world’s most profitable automaker, these increases won’t exactly harm the companies profit margins. Porsche expects their models to sell just as well, if not better than they are at the current price.

Source: WR