In the meantime, sales at Porsche fell by almost one third (30.5 percent) year-on-year to 1.1 billion euros in the sports and off-road car business. Sales fell by almost 40 percent to 11 385 vehicles. The sports car manufacturer did not provide information on the result of Porsche AG. However, sales are expected to increase for the whole year. Porsche Automobil Holding SE recorded a net loss of 3.6 billion euros in the 2008/2009 financial year despite a profit in the car business. Due to the failed VW takeover, charges of several billion euros were incurred. In the current financial year, billion losses are expected again. Due to the connection with VW, Porsche announced its manufacturing contract with Magna. The Austrian-Canadian car supplier will receive compensation for this, operated a speaker of the sports car manufacturer a report of the “Wirtschaftswoche”. The money is to flow for already done development work. Porsche made no information on the height. Magna Steyr in Graz is supposed to have been working on the new generations of the Porsche models Boxster and Cayman for more than a year. In 2008 Porsche ordered Magna to build the two coupés for eight years from 2012. After the takeover of the Osnabrücken convertible specialist Karmann by VW, now s speculates that the Boxster will also be built in Lower Saxony in the future.Source