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April 09, 2003
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This Week:

• Saturn Unveils Performance-Tuned VUE Red Line

• Jürgen E. Schrempp at the Annual Meeting: DaimlerChrysler Stands by Its Earnings Target for 2003

• Remote Control Steering Available On MINI

• Renault and Volvo Cars strengthen commercial partnership in the Nordic markets

• Toyota Announces New Management System, Appoints Two Americans As Managing Officers

• Topping Ceremony of the TPCA JV Plant Celebrated in Kolín, Czech Republic

• Mercedes-Benz Credit and Mercedes-Benz USA Move to Strengthen Brand with an Integrated Market Approach

• Ford To Open New SGI® Reality Centre® At Its Dunton Design Studio In Essex

• Porsche 911 is the sports car with the most stable value

• Renault SCÉNIC II - Innovative, compact and dynamic Design

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Porsche 911 is the sports car with the most stable value
 

Stuttgart - The Porsche 911 is the vehicle with the most stable value among the sport coupés and one of the most value-stable automobiles there is. This just from the latest publication of the Schwacke Automobile Index (SAX), which is based on data from the previous year. Whereas the resale value of all other two-year old sports coupés, with an average mileage of 35.000 kilometers, has dropped from 73.94 to 70.23 percent since November 1999, the Porsche 911 resale value has increased from a previous high of 75.37 to now 76.77 percent. In contrast to the largely later-appearing competition listed by SAX, the current 911 is not benefiting from being new on the market. The Schwacke commentary: "Porsche on the upswing".

Long-term quality and high reliability are the features that have always distinguished Porsche sports cars. The price of a used 911 being only 23 percent lower than the new car price, even after two years and considerable mileage, shows that those interested in Porsche used cars are very aware of the attractiveness and stable value of the 911. Even in second and third-hand owners, the 911 price remains noticeably stable.

(March 20, 2003)