Anthony

iTrader: (4)

like 1sicklex said they know how to run the business unlike those certain american car dealers lol

...and a s^*t load of profit!

4TehNguyen

iTrader: (1)

at the time this article tells me the price is just heavily jacked up. People buy it tho, cant argue with that

asianrock

Well you can not simply look into this you would need to look into the accounting records... other car manufactures might simply show smaller profits because of the large bonuses for everyone or numerous other ways.

primecut

iTrader: (1)

That figure is impressive! I'd have to say that Porsche does overprice all their cars, and yet people still buy them because they are an attractive brand. However, I do agree that there are tons of internal factors that makes their business so profitable.

kalvano

Comparing Porsche to GM / Ford / Chrysler is asinine.


That's like saying because a lot of people buy ****, strip clubs shouldn't go out of business.

jracerlmn

true, but sometimes it's hard to run a business when there are unions involved...*sigh*

RX469

iTrader: (1)

That is amazing! Who would of thought that the Cayenne would sell so much!?

luxury1

They don't negotiate around me because they feel that they don't have to...

LexFather

Correct me if I am wrong but there are German unions correct and they are VERY strong.

Check this out
http://www.engadget.com/2008/04/08/n...ions-for-314m/

J.P.

Brutal would be more like it.

But not so bad when your working with a pile of profit :0

UDel

To me that shows just how overpriced Porsches are and how much you pay just for the badge. I still like Porsche 911s but just judging the car can't really justify spending so much on it which is why I would get it used. From what I understand German autoworkers make very high wages, more so then American autoworkers and I believe they are the best paid autoworkers around the world so it is not like they make all that profit from paying the auto workers small wages but they certainly don't have as many autoworkers as the larger companies which factors in.

1993ES300x

i read that Porsche is more like a Bank that just has cars on their show room..

FKL

Porsche (and the premium German makes) aren't really after the value-conscious buyer who for all intents and purposes would probably already go towards a Japanese car.

FKL

as previously mentioned, labor rates in Germany are very high, and their unions are very strong. It helps that government is provided by the government, as Ford/Gm have to provide it themselves.

jracerlmn

did you mean benefits are provided by government? because that's one thing that's killing GM.

and honestly, those german factory workers actually work. I visited a MB factory once and i didn't see anyone lounging around.