Report: Porsche profits $28,000 per car
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Originally Posted by Gramicci101
Is it really necessary to post the same post twice in two subforums?
https://www.6speedonline.com/forums/...ad.php?t=70738
https://www.6speedonline.com/forums/...ad.php?t=70738
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Originally Posted by Gramicci101
I've heard that mentioned before. Am I the only one that clicks "new posts" at the top?
Honestly, I really did not know that...
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Originally Posted by newport996
They also didnt have enough cash to have another assembly line or to stock parts for a completely new car so 911s and Boxsters shared parts...once they were able to aford seperate lines they changed the 911 front end...
I'm tempted, since I like the turbo front look, but I'm afraid that it's too expensive with paint and install. Your thoughts?
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Originally Posted by newport996
I have a link directly to the 996 forum....so I dont see th front page....
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Originally Posted by DimNSlow
Hey Newport. I got a quick question for you. Someone is sellin' a -02 facelift kit to me with the turbo front bumper, fenders, fender walls, lights for ~$2.5K
I'm tempted, since I like the turbo front look, but I'm afraid that it's too expensive with paint and install. Your thoughts?
I'm tempted, since I like the turbo front look, but I'm afraid that it's too expensive with paint and install. Your thoughts?
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I dont believe that 28,000 is accurate if you look at the porsche summary income statement
https://www.6speedonline.com/forums/...3&postcount=10
https://www.6speedonline.com/forums/...3&postcount=10
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Originally Posted by deputydog95
i second the "free rms" repairs. the last one just cost me a grand 
Definitely not ready to be sporting additional $1K to the car.
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This figure is misleading. Porsche makes the majority of it's profits on complex currency hedging plays. Goldman Sachs estimates that as much as 75% of the companys pre-tax profits comes from such activities. While that is most likely a high number, it demonstrates that a sizable percentage of profit does not come from selling automobiles but from betting on a weak dollar.
Last edited by Captain Tal; Jan 30, 2007 at 11:37 AM.
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Originally Posted by deputydog95
if you look up you can still see the "new posts" button in that forum too. i'm looking at it right now
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Follow-Up from Autoblog:
Porsche denies optimistic earnings per car report
A report released by B&D Forecast revealed that Porsche made more money per car it sold than any other manufacturer. Not only that, it's reported profit of €21,799 per vehicle dwarfed that of second place BMW, which reportedly earns €2,475 per vehicle. When we first heard about this report, we thought something might not be right unless Porsche has been building its cars out of Papier-mâché lately.
Basically, the study just took Porsche's pretax proft in the 2005/2006 fiscal year and divided it by the 96,794 vehicles it sold in 2005. Porsche is rightly arguing that the calculation is misleading because it doesn't take into account the company's one-off gains that year that had nothing to do with building and selling cars. Porsche's participation with VW during this time resulted in adding €203 million to the books and another €80.7 million came from the automaker's sale of CTS Fahrzeug-Dachsysteme. Neither source of extra income came from the result of selling cars, so they shouldn't be included in a profit-per-vehicle calculation.
Honestly, who ever believed that Porsche earns €21,799, more than USD$28,000, on every vehicle it sells? B&D Forecast should give the intern that wasn't sharp enough to catch this error a few good lashings.
Check out Porsche's official release on the matter after the jump.
http://www.autoblog.com/2007/01/25/p...er-car-report/
Porsche denies optimistic earnings per car report
A report released by B&D Forecast revealed that Porsche made more money per car it sold than any other manufacturer. Not only that, it's reported profit of €21,799 per vehicle dwarfed that of second place BMW, which reportedly earns €2,475 per vehicle. When we first heard about this report, we thought something might not be right unless Porsche has been building its cars out of Papier-mâché lately.
Basically, the study just took Porsche's pretax proft in the 2005/2006 fiscal year and divided it by the 96,794 vehicles it sold in 2005. Porsche is rightly arguing that the calculation is misleading because it doesn't take into account the company's one-off gains that year that had nothing to do with building and selling cars. Porsche's participation with VW during this time resulted in adding €203 million to the books and another €80.7 million came from the automaker's sale of CTS Fahrzeug-Dachsysteme. Neither source of extra income came from the result of selling cars, so they shouldn't be included in a profit-per-vehicle calculation.
Honestly, who ever believed that Porsche earns €21,799, more than USD$28,000, on every vehicle it sells? B&D Forecast should give the intern that wasn't sharp enough to catch this error a few good lashings.
Check out Porsche's official release on the matter after the jump.
http://www.autoblog.com/2007/01/25/p...er-car-report/
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Originally Posted by lig
Follow-Up from Autoblog:
Porsche denies optimistic earnings per car report
A report released by B&D Forecast revealed that Porsche made more money per car it sold than any other manufacturer. Not only that, it's reported profit of €21,799 per vehicle dwarfed that of second place BMW, which reportedly earns €2,475 per vehicle. When we first heard about this report, we thought something might not be right unless Porsche has been building its cars out of Papier-mâché lately.
Basically, the study just took Porsche's pretax proft in the 2005/2006 fiscal year and divided it by the 96,794 vehicles it sold in 2005. Porsche is rightly arguing that the calculation is misleading because it doesn't take into account the company's one-off gains that year that had nothing to do with building and selling cars. Porsche's participation with VW during this time resulted in adding €203 million to the books and another €80.7 million came from the automaker's sale of CTS Fahrzeug-Dachsysteme. Neither source of extra income came from the result of selling cars, so they shouldn't be included in a profit-per-vehicle calculation.
Honestly, who ever believed that Porsche earns €21,799, more than USD$28,000, on every vehicle it sells? B&D Forecast should give the intern that wasn't sharp enough to catch this error a few good lashings.
Check out Porsche's official release on the matter after the jump.
http://www.autoblog.com/2007/01/25/p...er-car-report/
Porsche denies optimistic earnings per car report
A report released by B&D Forecast revealed that Porsche made more money per car it sold than any other manufacturer. Not only that, it's reported profit of €21,799 per vehicle dwarfed that of second place BMW, which reportedly earns €2,475 per vehicle. When we first heard about this report, we thought something might not be right unless Porsche has been building its cars out of Papier-mâché lately.
Basically, the study just took Porsche's pretax proft in the 2005/2006 fiscal year and divided it by the 96,794 vehicles it sold in 2005. Porsche is rightly arguing that the calculation is misleading because it doesn't take into account the company's one-off gains that year that had nothing to do with building and selling cars. Porsche's participation with VW during this time resulted in adding €203 million to the books and another €80.7 million came from the automaker's sale of CTS Fahrzeug-Dachsysteme. Neither source of extra income came from the result of selling cars, so they shouldn't be included in a profit-per-vehicle calculation.
Honestly, who ever believed that Porsche earns €21,799, more than USD$28,000, on every vehicle it sells? B&D Forecast should give the intern that wasn't sharp enough to catch this error a few good lashings.
Check out Porsche's official release on the matter after the jump.
http://www.autoblog.com/2007/01/25/p...er-car-report/
If you check there, turns out even after they subtract out those one time earnings, they still made between $15-20K USD per car...