Quote:
Originally posted by speeder
An ugly, gas-guzzling pig for over $100G ought to do really well in about 5 years. I'll bet they sell at least 3 of them before going BK.
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It would take a lot more than one car line failure to put Porsche bankrupt at this point; they've been the most profitable car company in the world since 1996. They now own a controlling interest in the VW group, which is a public trust, and plan on buying more. Even with the Cayenne as a moderate success, Porsche made a fortune on the pepper-wagon.
No, Porsche is going to be just fine. I only wish I bought shares of Porsche AG stock back in 1995. Alas, I was only fourteen.