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Zombie
Join Date: Dec 2005
Location: Edmonton, Alta
Posts: 91
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Porsche Profit
Wow! I knew Porsche was one of the most profitable car companies, but this is insane!
http://news.en.autos.sympatico.msn.ca/article.aspx?cp-documentid=2644530 T-Rone _______________ 87 Carrera Coupe |
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02-17-2007, 09:54 AM
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That report has been rebutted by Porsche, since it does not take into account the portion of their profits generated by their investments in VW and in currency hedging, which accounted for a great deal of the money the company has made in the last few years. It is a distortion to take overall company profits and divide by units produced and say that they made 21,800 Euros profit on each vehicle.
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Tom Tweed Early S Registry #257 R Gruppe #232 Rennlist Founding Member #990416-1164 Driving Porsches since 1964 |
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02-17-2007, 10:00 AM
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durn for'ner
Join Date: Feb 2005
Location: South of Sweden
Posts: 17,090
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Yup, Herr Wienersnabel has done good. Laughing all the way to the bank. Swearing in church but - water cooling, Boxsters and SUVīs was a genius move.
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Markus Resident Fluffer Carrera '85 |
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02-17-2007, 11:28 AM
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You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 40,052
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Gross or net? ....How many units sold? ...Previous expeditures ...Anticipated expenditures?....
Porsche is still not a division of "X", and the staple of no economy.
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Meanwhile other things are still happening. |
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02-17-2007, 11:52 AM
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911
Ultima GTR
LeGrand DSR
GT3
