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John Mellor's<br />
GoAuto news<br />
Cayenne ‘911’<br />
Porsche sets new dynamic<br />
benchmarks for a luxury<br />
SUV with the hi-po GTS<br />
By MARTON PETTENDY<br />
PORSCHE Cars Australia (PCA) claims that<br />
even it was surprised by the success of last<br />
year’s facelifted Cayenne range and the entrylevel<br />
V6 it comprised, but admits this month’s<br />
addition of a fourth SUV variant in the tarmacfocused<br />
GTS will not prevent its overall sales<br />
slowing from record levels this year.<br />
Priced at $153,500 and billed as “the<br />
sportscar of the Cayenne family”, the GTS fi lls<br />
the gaping hole in the range between the V8powered<br />
Cayenne S ($134,500) on which it is<br />
based and the range-topping Cayenne Turbo<br />
($215,200). As such, it is expected to draw<br />
buyers mostly up from the S, which will still<br />
be the most popular Cayenne with almost 40<br />
per cent of sales expected.<br />
Porsche says that, despite its even more<br />
aggressive appearance thanks to a 20mmlower<br />
ride height and specifi c 21x10-inch<br />
alloys (which dwarf the 18x8s of the S and<br />
even the Turbo’s 19 x 8.5s) with larger 295/35section<br />
tyres, the GTS will not steal sales from<br />
the Turbo, buyers of which “will always be<br />
Turbo buyers”.<br />
But with the Turbo and the new entry-level<br />
Cayenne V6 ($94,700) accounting for 17 and<br />
18 per cent of the mix, the GTS should still<br />
attract more than a quarter of all Cayenne<br />
buyers in 2008, when PCA predicts economic<br />
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uncertainty will put a dent in the new-car<br />
market overall.<br />
“This year won’t be a record year unless the<br />
current consumer sentiment disappears rapidly,<br />
but in our view that won’t be the case,” PCA<br />
director of sales and marketing Kevin Nicholls<br />
told GoAuto. “The challenge we see in coming<br />
years is economic uncertainty and the effect<br />
that has on consumer sentiment. We anticipate<br />
a bit of a pause.<br />
“Porsche is the ultimate deferrable purchase.<br />
The foot comes off our accelerator pedal more<br />
quickly than others’, and equally the reverse is<br />
true. We think there will be a slowdown but it<br />
will come back.”<br />
The 997-series version of Porsche’s iconic<br />
911 has been around since October 2004 and<br />
was this month also released in range-topping<br />
GT2 turbo guise, but that did not stop it setting<br />
a new 911 sales record of 522 sales in 2007<br />
(up from just 389 in 2006), when a record 1380<br />
Porsches were sold in Australia.<br />
However, the completion of the model<br />
rollout as the current 911 reaches middle-<br />
age – and popular variants like the GT3<br />
and GT3 RS are no longer available – will<br />
see the popularity of Porsche’s iconic<br />
sportscar decline this year.<br />
Conversely, the GTS is expected to grow<br />
overall Cayenne sales this year, and while<br />
the Cayenne no longer commands almost<br />
50 per cent of Porsche sales as it did in its<br />
second year on sale here (and as it still does<br />
in “mature” markets like the US), PCA<br />
believes it is better prepared for economic<br />
downturn than it was pre-Cayenne.<br />
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A PRIL 16, 2008 Page 10<br />
“We’re certainly better positioned that we<br />
were fi ve or six years ago, when we didn’t have<br />
the Cayenne,” said Mr Nicholls, further stating<br />
that the waiting list for the 100 examples of the<br />
Cayenne GTS due here in 2008 is standing at<br />
six months.<br />
Porsche’s fi rst SUV continues to account<br />
for 35 per cent of Porsches sales in Australia,<br />
where it remained popular with 495 sales last<br />
year. That is down from a record of 562 in its<br />
fi rst full year on sale – 2004, when the 996series<br />
911 was dated and its previous record of<br />
1264 overall sales was set. PCA describes 2008<br />
as a consolidation year, in which it expects total<br />
sales to be around 1250, despite strong forward<br />
orders and a solid start.<br />
PCA says its next growth phase will not occur<br />
until the Panamera sedan arrives here some time<br />
after its European launch in late 2009 – in V6, V8<br />
and V8 Turbo forms. As with the four-door/fourseat<br />
Panamera, Porsche has promised a hybrid<br />
version of the (most likely next-generation)<br />
Cayenne by the end of this decade, but says its<br />
customers are already showing interest.<br />
“Fuel prices affect Cayenne more than 911.<br />
The facelift brought real-world fuel economy<br />
gains (but) there’s no doubt consumers are<br />
increasingly environmentally conscious. The<br />
debate is becoming more educated,” said Mr<br />
Nicholls.<br />
“Customers are already asking about hybrid.<br />
Hybrid has a bigger share of mind than share<br />
of the market and I think our hybrid solution<br />
will be very good. Sub-9.0L/100km will be a<br />
very good story for a car like the Cayenne.<br />
Continued next page<br />
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