Porsche Says Quarter of Way to First-Year Sales Target With New Panamera

ELKHART LAKE, WI – Still two weeks before the official sales launch, Porsche AG’s new Panamera 4-door sedan appears off to a strong start.

The German auto maker is targeting global sales at 20,000 units in the car’s first year and says it already has 5,000 firm pre-orders in hand.

The car also has gained some early traction in the U.S. ahead of its Oct. 17 launch, where Porsche Cars North America Inc. officials say they have about 1,000 solid pre-orders in the bank. The ...