Porsche ahead of sales target

GERMAN luxury carmaker Porsche will hit its mid-term vehicles sales target earlier than planned, its sales chief told a German industry newspaper over the weekend.

“We will not have to wait until 2008 to reach annual sales of 100,000 units,” Hans Riedel said in an interview.

In the fiscal year that ended in July, Porsche delivered 88,379 vehicles to customers, a rise of 15%.