UPDATE 3-Porsche defies gloom with roaring sales

Newswire

(Rewrites with CEO quotes, details from AGM) By Nick Tattersall STUTTGART, Germany, Jan 24 (Reuters) - Porsche AG, the world's most profitable carmaker, showed on Friday worries about the economy hadn't yet stopped people buying fast cars and said new models would boost its profit again this fiscal year. Porsche defied the weak economic conditions hitting rivals in the first half of its business year, with pre-tax profit rising 18 percent to 185.1 million euros ($199 million) and sales ...

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