Yeo Zorce Jedi Master
Joined: 06 Apr 2005 Posts: 1936 Location: Far Rockaway, NY
|
Posted: Tue Dec 19, 2006 7:39 am Post subject: Will Porsche ever stop making money? |
|
|
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. _________________ www.ttonline.org
|
|