Porsche Automobil Holding SE said in a statement that it sold 14,785 vehicles in China in 2010, higher by 63 percent compared to 2009, as sales of the Cayenne SUV have remained strong. In 2010, Porsche sold 8,612 Cayennes in China, Hong Kong and Macau. With sales of 3,833 units, the Panamera was Porsche's second most popular model in China. Deliveries of the Porsche 911 model, along with the Cayman and the Boxster, rose 77 percent to 2,340 units.

The company, by 2013, seeks to sell 15,000 units annually in China and to reach that target, Porsche is mulling a proposal to build the Cajun crossover - which is still under development - in the same Chinese assembly plant as its sister vehicle, the Audi Q5. The four-door Cajun is set for production in 2013. In an e-mailed statement, Bernhard Maier, Porsche's board member for sales and marketing, said the company will triple its dealer network in the next few years. Porsche currently has 35 dealerships in China. Matthias Mueller, Porsche CEO, said he wants to expand that group to 100 dealerships.