talked to dealer GM today - a little more intel on RS, PTS, R, etc.
11-12-2015, 12:13 AM
#32
Nordschleife Master
Thread Starter
11-12-2015, 04:29 AM
#33
If I was a shareholder/stakeholder and heard that from senior management, I would boot them out of the company. Profit is profit and leaving it on the table is unacceptable in my eyes. A corporations number one goal should be to maximize profits not to stroke their dealers.
11-12-2015, 08:21 AM
#34
Nordschleife Master
Thread Starter
If I was a shareholder/stakeholder and heard that from senior management, I would boot them out of the company. Profit is profit and leaving it on the table is unacceptable in my eyes. A corporations number one goal should be to maximize profits not to stroke their dealers.
11-12-2015, 09:25 AM
#37
11-12-2015, 12:36 PM
#39
Nordschleife Master
Thread Starter
if you applied the same standard to Porsche motorsports only, i am sure that it is material
11-12-2015, 03:20 PM
#40
RL Community Team
Rennlist Member
Rennlist Member
im not using the term in a subjective way, i am saying that i think the number is immaterial from an accounting standard to total revenue/financials at VAG. but i am not an accountant, maybe someone else can comment.
if you applied the same standard to Porsche motorsports only, i am sure that it is material
if you applied the same standard to Porsche motorsports only, i am sure that it is material
I have no idea what the Porsche Motorsports division's budget is (as the publicly available financial statements for Porsche AG does not list it as a separate line-item), but from what I understand Porsche invested something upwards of about $150M USD just on the 919 LMP1 program alone.
11-12-2015, 05:37 PM
#41
11-12-2015, 05:40 PM
#43
11-12-2015, 05:43 PM
#44
Rennlist Member
