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Old 01-12-2018, 08:00 PM
  #166  
usctrojanGT3
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Originally Posted by ipse dixit


No doubt. In the absolute those are astronomical numbers, be they accurate or not.

But PAG generates over something like 24 billion in revenue in a single year (based on 2016 figures and current exchange rates).

So in context take those numbers as you see fit.
I'm not arguing that the GT sales and profits are small compared to total other sales (Macan & Cayenne) but from an accountant/auditor standpoint GT cars sales even on an annual basis are MATERIAL and not a rounding error.
Old 01-12-2018, 09:01 PM
  #167  
motorwerksgroup
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Originally Posted by Archimedes
At an average price of $175k per car and 15% margin, that's $3.5 billion in revenue and $525 million in operating profit. Even over 4-5 years, that's still a lot of beans and material to any automotive manufacturer.
Not to mention the intangibles...GT cars creating market hype for newcomers to try other Porsche models like Carreras, etc.
Old 01-12-2018, 09:40 PM
  #168  
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Don't care how many they make/made. Just glad I got one.

Don't care how many RS's will be made, as long as I get one

- Chris.
Old 01-12-2018, 09:53 PM
  #169  
ExMB
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Originally Posted by Archimedes
At an average price of $175k per car and 15% margin, that's $3.5 billion in revenue and $525 million in operating profit. Even over 4-5 years, that's still a lot of beans and material to any automotive manufacturer.
Where is the beancounter when you need him.

Those numbers are way out of line. You have way too many deductions: transportation, gas guzzler tax, operation, production, warranty, dealer, etc, etc, etc, etc. AFAIK invoice for car and options, margins, are lower than normal cars to the dealer not counting spiffs, bonuses, etc. I would not be surprised if after all is said and done, i.e. beancounters did their magic, the profit realized from GT cars is about 1/4 or less than the numbers you dreamed up.

$0.02

Old 01-12-2018, 10:16 PM
  #170  
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I'm guessing you've never analyzed a financial statement.
Old 01-12-2018, 10:21 PM
  #171  
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Originally Posted by ipse dixit
Obviously, you gents know more than anyone else, but just keep in mind that that 20k GT cars number (even if accurate) is for a 4, maybe 5, year period (2013-17, or 2018). In any given single year, Porsche delivers something on the magnitude of 250,000 cars worldwide (give or take a few thousand). So in that same 4 year period, PAG will have delivered on the magnitude of about 1 million cars, while delivering something like 20K GT cars?

I'll leave the math, and the materiality, to those who count beans.
This is no place for perspective.
Old 01-12-2018, 10:28 PM
  #172  
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Originally Posted by Archimedes
I'm guessing you've never analyzed a financial statement.
Doesn't my check book count?

Old 01-12-2018, 11:05 PM
  #173  
ipse dixit
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Originally Posted by motorwerksgroup
Not to mention the intangibles...GT cars creating market hype for newcomers to try other Porsche models like Carreras, etc.
^This.

This means more to PAG than any profit (small, big, material or what-not) that a GT car creates for the bottom line.
Old 01-13-2018, 12:14 AM
  #174  
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Most people who come into a showroom for an SUV or sedan could care less about the specific models in the PORSCHE brand, which is what is being bought and sold. They cross shop MB, Jag, Lexus, and BMW looking for cachet and prestige which is an essential element of these marques' marketing strategy to affluent buyers. If there happens to be a GT3, RS, 918, or CGT in the showroom or service bay it's part of the salad dressing not the entree.
Old 01-13-2018, 01:31 AM
  #175  
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you are all assuming porsche or any business is logical?
logical business usually fail
business that do well are "usually" accidents with some idea that barely worked....

it's a fkg car.
it they made it, buy it
if not; well ....
Old 01-13-2018, 03:53 AM
  #176  
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Originally Posted by djcxxx
Most people who come into a showroom for an SUV or sedan could care less about the specific models in the PORSCHE brand, which is what is being bought and sold. They cross shop MB, Jag, Lexus, and BMW looking for cachet and prestige which is an essential element of these marques' marketing strategy to affluent buyers. If there happens to be a GT3, RS, 918, or CGT in the showroom or service bay it's part of the salad dressing not the entree.
From what you said they re spending tons of cash in motorsport "salad dressing" for nothing
Old 01-13-2018, 09:27 AM
  #177  
djcxxx
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Originally Posted by fxz
From what you said they re spending tons of cash in motorsport "salad dressing" for nothing
There are many in Porsche management who think so. The hedge fund manager certainly did.
Old 01-13-2018, 10:02 AM
  #178  
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Originally Posted by djcxxx

There are many in Porsche management who think so. The hedge fund manager certainly did.
THAT s bring me thinking the hedge funds manager are missing the reasons behind the porsche revenues

i am sure most of them had voted to ban the 911 in favour of 914 928 etc.
Old 01-13-2018, 10:34 AM
  #179  
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Originally Posted by fxz
THAT s bring me thinking the hedge funds manager are missing the reasons behind the porsche revenues

i am sure most of them had voted to ban the 911 in favour of 914 928 etc.
Actually it was Dr. Ernst Fuhrmann, an engineer, who fathered both the 4 cam Carrera engine in the 1950s and the 928 in the 1970s, who planned to phase out the 911 by 1981.
Old 01-13-2018, 10:37 AM
  #180  
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Originally Posted by djcxxx

Actually it was Dr. Ernst Fuhrmann, an engineer, who fathered both the 4 cam Carrera engine in the 1950s and the 928 in the 1970s, who planned to phase out the 911 by 1981.
But was that due to design (flaw) or financial reasons?



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