Porsche AG reports another profit record in fiscal 2004, with net earnings for the year ending July 31 up 16.6% to €612 million ($794 million). While the Porsche brand has been synonymous with sports cars since its inception, its Cayenne SUV is now the profit driver for the auto maker. The Cayenne accounted for 52% of Porsche’s vehicle sales during the fiscal year, a more than 20% increase over year-ago levels. Sales of the revered 911 fell 15% during the period, while Boxtser deliveries ...

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