Report: Porsche profits $28,000 per car



A new study has found that German sports car maker Porsche earns an incredible average of $28,000 in profit on every vehicle it sells. The figure — printed in Germany's Welt am Sonntag newspaper, citing a study by B&D Forecast — dwarfs the per-car earnings of virtually any other automaker.

Comparatively, luxury and sports car maker BMW makes about $3,200 per car. Audi nets a less impressive $1,580, and Chrysler and Volkswagen earn just $900 and $400, respectively.

 

WTF! That's got to be a miss print do you have a link to article?

I found the link it's right there in front of me....man I am lossing it! I can't believe they are making that kind of money, amazing!

 

Is it really necessary to post the same post twice in two subforums?

https://www.6speedonline.com/forums/...ad.php?t=70738

 

Yes because some of us dont go to other forums too often.

 

I've heard that mentioned before. Am I the only one that clicks "new posts" at the top?

 

Nothing new, old news..

Why are they comparing Porsche to audi, chrysler etc...

 

GREAT for Porsche! They have figured out what Apple has...you can charge more for a product when the market feels its higher quality and more reliable. You dont have to sell more than the other guy, just make a good profit and provide your user base with a great user experience. Look at the other companies...BMW, reliability is questionable. Audi, has never gotten past the 5000 debacle here in the states. Chrysler? Before MB bought in (or bought them out) they had one foot in the grave and one on a banana peel. No one buys a chrysler and expects reliability. VW? yeah the epitome of unreliable, but you get the german experience, cheaply, so those that cannot afford BMW, MB or Porsche, they live with it. maybe US car companies should look at this....build cars people like driving and you can charge more for them, making more profit....now they do the opposite. Make them as cheap as they can, and charge a little over what it costs to make...so you make a bad product and you dont make any money....There is a reason you see LOTS of old Porshce's...they are made to last. My brother has a 79 911sc...it runs like the day it rolled out of the factory....no restoration, no extensive money dropped into it...paid 9K for it. What car made in the US in 1979 can you buy with 100k miles on it thats not ready for the junk yard?

 

I have a link directly to the 996 forum....so I dont see th front page....

 

I am glad porsche makes a profit. Hopefully it will stay this healthy if true and in the future grow. I say this because if porsche does not make a profit then they would have to sell to Kia or Toyota. Image that.....lol


Byron

 

They did...they callid a Boxster...and it SAVED Porsche...the purists HATED it, the public LOVED it......

 

no the cayenne saved porsche, not only taht they were able to make CGT?

 

Newport - I see now. I am glad for the boxter/Cayenne revival of porsche...lol...Kia was proably waiting at the doorsteps...lol


Byron

 

That's great profit!

 

cayenne came way later...but if any of you recall the 993 was a money pit, sales were WAY down...no one bought a new Porsche....too expensive and used ones were so similar....so the Boxster was a last ditch effort before they were gonna be bought. IT WORKED...thats why its such a great car...it HAD to be. 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...

 

Guys, keep one thing in mind. This article was in a German newspaper, so they probably relate to the home market for Porsche. Porsche is sure to make a higher profit in thier home market as they don't have the sell the cars as inexpensively as they do into export markets, such as the USA.

For example: When we bought our Cayenne in 2004, we paid $45,000 US for it. At the same time in Germany, this same model Cayenne was approx. 60,000 euro. With a exchange rate of about 1.3. This means the translated price in Germany of the same car was about $78,000! Sure that price includes the 16% VAT, but regardless, this is a huge difference.

Most of my family and friends in Germany think I'm rich to be driving two Porsches, but once I let them know what I paid for my cars, they all come back with the same response: I would own a Porsche as well for those prices.

Just something to think about.

Norbert

04 Cayenne
99 996 C2