JCZ5

Nope, fastest way to achieve more profits is by charging significantly more money per unit than building more units.

Top tier manufacturers have been doing this for awhile now. And Porsche has caught on to the same game. From a commercial perspective, building more units require more employees, more cash outlay and more risks. Keeping production at status quo and charge 10-15% more is much simpler and faster....HOWEVER, I know this is not what we want to hear

groundhog

Porsche charge what they will think the market will bare, they have always had this approach. However, there are other real world factors in play e.g. disruption to suppliers that in turn create delays that in turn create currency hedge risk etc.

chance6

Really? If I'm a customer sometimes the corporation deserves to be ridiculed, or at least questioned. This is how corporations are held to account. The quote came off as extremely arrogant. And I don't care if they are the CFO or not.

Shall we just let Porsche raise prices 10% across the board? How about 20% ? f* it, how about 30%? At what point does the customer say this is b*ll****?

A company with 18% return on sales is doing very f* well.

chance6

You can turn them on, but you can't turn them off. You can hold down the 'parking light' button for a few seconds which will shut the headlights off...for a few seconds. Then the damn thing automatically reverts to Automatic control. Annoying AF. So you can never have full control over when to turn the lights off and keep them off.

Manoverpdk

TDS is a real affliction.

Diablo Dude

Naaaaa....

I know what a real conservative looks like and voted for one (Ronald Reagan) as opposed to a total fraud and traitor.
People are so gullible these days and easily duped and played.

At least the Republican Secretary of State of Georgia wasnt played.

"I just want to find 11,780 votes, which is one more than we have. Because we won the state."
"I only need 11,000 votes. Fellas, I need 11,000 votes. Give me a break"

"There's nothing wrong with saying that you've recalculated."

Finlander

I don't like when brands that I love raise their prices either, but I don't think what they're doing is out of line with what many other companies are doing, and what is required by them due to the current economic climate. Keep in mind, over the last 2 years we have experienced 5%-6% inflation per year (8% in Germany 22') ...most businesses can't just absorb a 10%-12% increase on their costs, ie, 10%-12% reduction in profit over the course of 24 months. They also don't know what the future may hold. Profit and cash are crucial to the health and success of a growing business, especially one that is making huge investments, such as synthetic e-fuel.

Everything will work itself out.

Diablo Dude

2023 GT3 Base was $169,700
Ask me how I know.

AlexCeres

New touring allocations are $70+K over. gt3rs are way more than that. So, Yeah. They can raise prices a **** ton more. And your dealer will just shrug and say “don’t let the door hurt your *** on the way out, poors”. When there are multiple customers waiting for each allocation, half of them can evaporate and nobody will care.

G.Irish

There is a point where a price hike will start to erode customer demand, but I don't think that point is 10%. And push come to shove, let's say Porsche hiked prices by 30%, ADM's evaporated, and cars started stacking up on showroom floors. With a really fat profit margin, they could afford to discount cars until they could move them and still make sizable profits. It would damage the brand a bit, which is probably why they don't do that, but for sure they could be hiking prices more aggressively on the GT cars at least.

DodoBrd

I hope they hike it enough to where it makes little financial sense for flippers. Win win all around

supershaft

Porsche could restrict warranty transfer for a year and kill scalpers in one shot.

AlexCeres

Nope. It’s not working for GM. If you’re rich enough to pay $70K+ in adm, you can self insure or get a 3rd party warranty. It won’t stop flipping, but it might take the cost of the 3rd party warranty out of the adm.

Literally the one good thing capitalism does, better than anything else, and people just keep pretending that market pricing isn’t real. So bizarre.

Manoverpdk

Hope you heal and find peace.

supershaft

I think you are right... Wishful thinking on my end