10% increase across the board for 2024: rumor or truth?
#76
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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
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#77
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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.
Last edited by groundhog; 03-26-2023 at 09:51 PM.
#78
Race Car
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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.
Last edited by chance6; 03-26-2023 at 11:53 PM.
#79
Race Car
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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.
Last edited by chance6; 03-26-2023 at 11:53 PM.
#80
#81
Race Car
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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."
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."
Last edited by Diablo Dude; 03-27-2023 at 12:35 PM.
#82
Rennlist Member
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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.
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.
Everything will work itself out.
#83
Race Car
#84
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
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.
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.
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Diablo Dude (03-28-2023)
#85
Racer
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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.
The following 2 users liked this post by G.Irish:
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#86
Burning Brakes
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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.
The following users liked this post:
Diablo Dude (03-28-2023)
#87
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Angryinch (03-28-2023),
Diablo Dude (03-28-2023)
#88
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Literally the one good thing capitalism does, better than anything else, and people just keep pretending that market pricing isn’t real. So bizarre.
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cadster (04-04-2023)
#89
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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."
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."
#90
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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.
Literally the one good thing capitalism does, better than anything else, and people just keep pretending that market pricing isn’t real. So bizarre.