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Porsche To Raise Prices For 911, Boxster Models

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  • Admin
May 16, 2007 5:25 a.m.

FRANKFURT (Dow Jones)--Germany's Porsche AG (POR3.XE) said Wednesday it will raise the prices of its flagship 911 and Boxster models on the domestic market, effective Aug. 1.

The prices for the 911 Carrera, GT3, GT3 RS and the all-wheel-drive models, excluding the 911 Carrera 4S cabrio, will rise by 1.5%. The 911 Carrera will then cost EUR68,000, the GT3 EUR94,400 and the price for the GT3 RS will be EUR113,300.

Prices for the Carrera S and the cabrio versions of the Carrera, Carrera S and Carrera 4S models will rise by 1.4%.

The 911 Turbo will see a price hike of 2.3% to EUR117,600.

The price for the Boxster model will rise by 0.5% to EUR37,900, while prices for the Boxster S and Cayman S will rise 0.4% to EUR45,800 and EUR50,500, respectively.

The price of the Cayman model - which is based on the Boxster - will remain unchanged at EUR40,900.

All prices are basic prices excluding domestic German taxes.

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