However, bookings for 13 cars had been completed in India, Rod Wallace, Managing Director of Precision Cars India, official importer of the Porsche range of cars, told PTI in Chennai.
German car maker Porsche has launched the new generation of its sports car Panamera in India.
The car uses Cayenne's hybrid system and is driven by an electric motor.
German sports car maker Porsche on Monday said it will expand its sales network in the country and drive in the company's four-door coupe Panamera in 2009, likely to be tagged at around Rs 1 crore (Rs 10 milion).
The items which included a Porsche Panamera and a gold Cartier wristwatch were expected to fetch Rs 50 lakh.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
The three models being recalled are the Panamera S, Panamera 4S, and Panamera Turbo.
Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the eastern German city, east of the capital of Berlin.
For five decades, the 911 has been the heart of the Porsche brand. This year, it celebrates golden jubilee. The 911 is also the central point of reference for all other Porsche series.
Macan, a compact SUV, could provide just the volume fillip the car manufacturer needs.
German luxury car-maker Porsche aims to sell 500 cars in India this year and will introduce its Panamera Hybrid super car in the country within the next few months, a top company official said on Thursday.
We are selling 50 Panameras in India this year.
It comes with various features including seven-speed PDK dual-clutch transmission, latest generation Porsche Communication Management and variety of distinctive interior and exterior features
Car comes in two variants - 911 Targa 4 and 911 Targa 4S.
Porsche on Wednesday launched the latest version of its 911 model in India.
Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
The ban does not speak about used luxury cars.
The growth rate could continue for another seven years.
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