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Will Porsche ever stop making money?

 
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Yeo
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Joined: 06 Apr 2005
Posts: 1936
Location: Far Rockaway, NY

PostPosted: Tue Dec 19, 2006 7:39 am    Post subject: Will Porsche ever stop making money? Reply with quote

Quote:
Originally Posted by Autozine.org
Porsche sets sales record again
Porsche has announced its business result in fiscal year 2005/06 ended 31 July. During the year, it sold a record 96,794 cars (up 9.5% from the previous year) and made a record pre-tax profit of Euro 2.1 billion, nearly doubled from the previous year. Among the profit, Euro 203 million came from its share in Volkswagen (it owns close to 30% shares of VW now), while Euro 81 million came from the sale of CTS to Magna.

More interesting to us are the production figures: a total of 102,602 vehicles were sold, with 911 (36,504 units) finally taking back the lead from Cayenne (35,128 units). The Boxster / Cayman twins amounted to 30,680 units, all were assembled by Valmet in Finland. Finally, 290 units of Carrera GT supercar left the Leipzig plant and finished its mission.


Linky.


Its kind of creepy that Porsche makes so much money that the fact that they own nearly 30% of a ridiculously larger company still nets them only about 1/10th of the total profits. And nice to see the 911 take back the sales lead from the Cayenne. I wonder if it will hold up with the introduction of the new, uglier (yet probably considerably faster) Cayenne. Also, goodbye Carrera GT. You will be missed.
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Plex
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Joined: 01 May 2005
Posts: 9039
Location: T&T

PostPosted: Tue Dec 19, 2006 4:37 pm    Post subject: Reply with quote

Nice infor...Fair well to Carrera GT... Sad
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