1987/88 would have been a good time to buy Porsche. Net income went from DM 75 million in 1985/6 to DM 25 million in 1987/88; and in 1989/90 it was DM 68 million. I dont think the current malaise in the world car industry will affect Porsche that much; people with $60-150K to spend on a car are not usually affected by business cycles as much as us common folk.
I doubt that the Cayenne will be a flop. Look at the success of the BMW X5 (?) Vehicles like these are fashion statements more than anything else. My worry would be that fashions are changing. Look at how Audi is putting so much effort into high performance station wagons. My guess is that they will replace the luxury SUVs.
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