The Porsche Boxter Unveiled in February 1996 at a low-profile motor show in Hamburg, the Porsche Boxter was not born on a computer screen or in a focus group, but in the hearts, minds and imaginations of a small band of engineers with a passion for driving. Many were surprised when Porsche unveiled its new sports car, but later they realised that this was no ordinary car, it was special. Ever since the first display of …
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…on Tuesday that group sales for the fiscal year ended July 31 were up 24 per cent to DM6.1bn ($3.2bn), against DM4.9bn one year earlier. Unit sales were 20 per cent higher at 43,980 from 36,686 last year. The company described pre-tax profit in 1999 as "reasonable" but declined to provide exact figures. Despite expenses associated with the development of a new four-wheel drive vehicle, Porsche said it aimed to match last year's earnings in the current business year.