Porsche Said to Target Record Sales Next Year on 911 Revamp

Porsche AG, the maker of the Cayenne sport-utility vehicle, plans to sell a record 140,000 cars next year on demand for the next generation of the 911 and Boxster models, a person with knowledge of the matter said.

The Stuttgart, Germany-based carmaker aims to increase 2012 deliveries after selling 120,000 autos this year, the person said, declining to be identified discussing internal goals. Porsche, which sold 97,000 vehicles last year, said previously it would deliver “more than” 100,000 cars in 2011.