Latest Automotive News

Subscribe in a reader




Auto Price Quote
Get a free auto price
quote from Edmunds!

Porsche cuts Canadian prices: `cannot ignore' cross border difference

Email   small font medium font large font

Google
 
Web AutoNews24h.com

Porsche, facing an uprising among its well-heeled and well-informed clientele, said Tuesday it is lowering Canadian prices on 2008 models by an average of about eight per cent.

``We cannot ignore our customers and dealers in Canada who can look to the U.S. and recognize a substantial price difference,'' stated Peter Schwarzenbauer, president of Porsche Cars North America Inc.

Including improvements in equipment, he said, the typical price decrease amounts to 10 per cent.

``We listened to the market and did what is best for our customers in Canada.''

Amid outraged tales of prices being higher in Canada than in the U.S. by 30 per cent or more as the Canadian dollar approached parity with the American currency, Porsche said its suggested base retail price for a new Boxster roadster is $58,100, compared with $63,600 for the 2007 model.

A base Cayenne SUV is $55,200, down from $60,100, while a Cayman coupe drops to $63,500 from $69,600 and a 911 Turbo gets marked down to $158,300 from $170,700

Receive the latest automotive news by email!

Enter your email address:


Find the new car you want on cars.com

Related news
For the first time since the launch of the second generation Cayenne, Porsche will be increasing prices. The price changes, effective 1st June 2008, will be between 1.4% and 2.8%, depending on the ...
Porsche continue to move in a difficult market environment in the USA and Canada. At 1,746 vehicles, the number of deliveries to customers in North America was 36 percent lower than the previous ...
Porsche held its own in the USA and Canada in a very difficult market environment. At 1,841 vehicles, the number of deliveries to customers in North America lay eleven per cent below ...
New Cayenne GTS well received by customers in the US and Canada In March 2008 Porsche held its ground well in a market environment characterized by recession fears in the US and ...
Porsche AG, Stuttgart, managed to deliver 2,810 vehicles in North America in June in difficult market conditions; of these, 2,650 units were destined for the USA and 160 for Canada. The drop ...
Saab begins the 2009 model year with attractive news for those seeking a vehicle that combines the enhanced functionality of cross-wheel-drive technology, Scandinavian design and an engaging, turbocharged driving experience. ...
Colin Braun drives the No. 16 3M Ford Fusion in the NASCAR Nationwide Series race this weekend at Autodromo Hermanos Rodriguez in Mexico City.  Braun calls the two-and-a-half mile, eight-turn ...
TORONTO (CP) _ While Canadian suppliers may suffer from General Motors' move to cut 1,200 jobs at an Ontario truck plant, U.S. companies are likely to take a bigger hit because they ...
The Canadian Auto Workers union is bracing for job cuts as Chrysler LLC prunes slow-selling models from its product lineup, reportedly including the Chrysler Pacifica crossover utility vehicle and the Dodge Magnum station ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Porsche cuts Canadian prices: `cannot ignore' cross border difference
> © 2006-2011 AutoNews24h.com except where otherwise noted