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Porsche to expand dealer outlets in India

Porsche, the German sports carmaker plans to increase its presence in India by increasing its dealers from Mumbai and Delhi to other 11 outlets. Currently, its sells Cayenne, the hottest selling model in India and also 911 and Boxster and other models priced between Rs. 50 lakh and one crore. It also plans to bring its new launch of Panamera into India this year. Last year, the company sold 168 units and this it hopes to sell around 200 units. However, the company has no plans to set up manufacturing facility in the country and all its car will be manufactured in Germany

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