Porsche breaks its last year's sales recordDecember 12, 2012 - 15:24 AMT PanARMENIAN.Net - German sports car maker Porsche AG says it has already broken last year's record sales number with one month left in 2012, AP reports. The company, which is now owned by Volkswagen, said Wednesday, Dec 12, it delivered 128,978 vehicles through November, more than the total of 118,868 it sold in all of 2011 — at the time a new record. Though many automakers are struggling with increased competition in the low-end car market, the luxury market remains strong. Porsche, based in Stuttgart, says worldwide sales for the first 11 months were up 38.7 percent over the same period in 2011. In Europe, where several countries are mired in recession, sales were up a modest 6.8 percent but Porsche saw spectacular 71.4 percent growth in the U.S. and 63.4 percent growth in China. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |