Interesting, Turkey?

[look 171]

Porsche
United States
Highlights
Market definition
in-scope / out-of-scope
Reports special

Value sales in the selected segment of the make Porsche is projected to reach US$4,866m in 2020.
With a revenue of US$7,107m, Turkey is expected to be the most important market for the make Porsche in 2020.



What the heck is in Turkey?

[masraum]

Stuffing?

Maybe onions and apples or citrus fruit.

[Major Dad]

Stuffing usually !

Greece was also mentioned some years ago and them who know things suggested it might be to do with fraud, tax evasion and corruption.

[tabs]

This Thread belongs in PARF.. you are not supposed to be talking about Biden in OT.

[masraum]

Originally Posted by tabs

This Thread belongs in PARF.. you are not supposed to be talking about Biden in OT.

Clearly this is a thread about November and Thanksgiving.

[Arizona_928]

turk backed syrian fighters are fighting against Armenia.

[masraum]

Originally Posted by Arizona_928

turk backed syrian fighters are fighting against Armenia.

And they are all being paid in Porsches?

[ckissick]

Originally Posted by masraum

And they are all being paid in Porsches?

Actually, there are reports that the Azaries are killing teenage Syrian ISIS fighters before payday so they don't have to pay them. I should start a thread on this conflict in PARF.

[kach22i]

Originally Posted by masraum

And they are all being paid in Porsches?

https://www.google.com/amp/s/www.wsj.com/amp/articles/turkish-backed-syrian-fighters-join-armenian-azeri-conflict-11602625885

Answer would be no, $1,500-$2,000 per month mercenary work.

From what I can tell, free trade no tariffs with the European Union is helping the turkish economy.

I gotta think energy exports or at least gas lines from Russia or occupied territories in the debunked ISIL/Daesh might be factors.

Money laundering too.

Turkey remains on international gray list for money laundering
https://amlpartners.com/news/money-laundering/turkey-remains-on-international-gray-list-for-money-laundering/

The political landscape of Turkey is still dominated by fraud and illegal actions.

Follow the money.

[MRM]

I don’t have access to Bloomberg, but that statistic seems way wrong. China is Porsche’s biggest market and is about 34% of all Porsche sales. If Turkey really bought $7 billion worth of Porsches, that would put them at over a quarter of Porsche’s sales. And well over half of all Porche’s output would be going to either Turkey or China. That doesn’t seem possible.

[look 171]

Originally Posted by Arizona_928

turk backed syrian fighters are fighting against Armenia.

Ok, I know that, but what's that gotta do with the storng Porsche market.

You know that's been an on going issues for centuries?

[kach22i]

Originally Posted by look 171

Ok, I know that, but what's that gotta do with the storng Porsche market.

You know that's been an on going issues for centuries?

I think you are right, his source needs to be cited and verified.

From 2014
https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/size-isnt-everything-turkeys-fast-growing-luxury-market#:~:text=Turkey%20is%20one%20such%20opportun ity,luxury%20goods%20in%20the%20world.

Turkey is one such opportunity for above-market growth. This transcontinental nation of 76 million people constitutes just a small slice of global luxury (roughly 1 percent of total sales, according to Euromonitor), but is among the fastest growing markets for luxury goods in the world.Sep 1, 2014

One percent in 2014.

[Sooner or later]

That report is from Statista. Statista also has annual Porsche sales through 2019 and they have never sold more than a 900 a year in Turkey and only 361 last year. That would be a hell of an increase to get to 7 billion.