Porsche AG will unveil the revamped 88,000-euro ($123,000) 911 sports car today, seeking to stem declining sales of its iconic model and renew the brand’s heritage as maker of two-seat performance vehicles.
The Stuttgart, Germany-based company, which now sells more Cayenne sport-utility vehicles and Panamera sedans than Boxster and Cayman sports-cars, is overhauling the 911 for the first time since 2004. It will add a compact SUV in 2013. -Bloomberg