Tuesday, March 18, 2014

Porsche dealership to open in Cambodia

18 March 2014  

The newly appointed local distributor of German carmaker Porsche, Precision Cars (Cambodia) Limited which is a subsidiary of Hong Kong firm Lei Shing Hong and the authorized seller of Porsche in South Korea and Vietnam broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard.

The distributor said the Porsche Cayenne SUV will have a starting price of $114,000 and is pegged to be the most popular model. The new Macan compact SUV is also expected to sell strongly. There are already about 70 registered Porsche vehicles in the country, making their way here through private importers.

Audi, meanwhile, is slated to commence selling vehicles this year from its 2,200-square-metre showroom and workshop on Monivong Boulevard, through local distributor Automotive Asia (Cambodia) Ltd.

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