New Sasol GTC cars set for thrills

The iconic Grand Prix Circuit will present a new challenge to the GTC drivers as they tackle the country’s fastest racetrack on June 16.

Suzuki’s new Swift hatch and sedan in SA

Suzuki kicks off its new model assault with an all new Swift hatchback and standalone sedan called the Dzire.

Porsche in fast lane

2006-01-27 14:28
Porsche, which runs its business year from August to July, said in a statement that it booked net profit of $204m in the six months to January, a rise of 13% compared to the year-earlier figure.

Pre-tax profit surged 11.3% on a 15% rise in sales, the statement said.

Unit sales rose by 16.8% to 41 750 vehicles.

"We can look forward to the whole 2005/2006 business year with optimism," Porsche said.

Full-year unit sales are expected to rise to more than 90 000 vehicles from 88 379 last year.

Revenues are expected to grow and earnings remain high, despite the development costs of the new Panamera model, Porsche said.


There are new stories on the homepage. Click here to see them.