Sit down before you read this!
#166
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.
#169
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
#170
I'm guessing you've never analyzed a financial statement.
#171
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.
I'll leave the math, and the materiality, to those who count beans.
#172
#173
RL Community Team
Rennlist Member
Rennlist Member
#174
Three Wheelin'
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.
#175
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
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 ....
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 ....
#176
Race Car
Join Date: Jan 2013
Location: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
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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.
#177
Three Wheelin'
#178
Race Car
Join Date: Jan 2013
Location: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
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#179
Three Wheelin'
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.
#180