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Jun 24, 2020 | 12:07 AM
  #31  
As a shareholder of POAHY, I am all for Porsche making as much profit per vehicle as it possibly can.
Reply 2
Jun 24, 2020 | 12:10 AM
  #32  
Quote: As a shareholder of POAHY, I am all for Porsche making as much profit per vehicle as it possibly can.
I never knew it traded as a stock... always thought it was 100% part of VW
Reply 0
Jun 24, 2020 | 02:29 AM
  #33  
Quote: I never knew it traded as a stock... always thought it was 100% part of VW
That ticker is for Porsche SE, which owns 31.3% of Volkswagen AG, along with owning Porsche Design, Porsche Engineering, and INRIX. Porsche AG, which is the entity that actually makes the cars, is 100% owned by Volkswagen AG.

Porsche SE is really the family investment vehicle of the Porsche and Piech families, as they own 50% of the shares and 100% of the voting rights to Porsche SE.
Reply 0
Jun 24, 2020 | 02:46 AM
  #34  
Quote: That ticker is for Porsche SE, which owns 31.3% of Volkswagen AG, along with owning Porsche Design, Porsche Engineering, and INRIX. Porsche AG, which is the entity that actually makes the cars, is 100% owned by Volkswagen AG.

Porsche SE is really the family investment vehicle of the Porsche and Piech families, as they own 50% of the shares and 100% of the voting rights to Porsche SE.
So the Porsche family owns 31% of VW, which owns 100% of Porsche AG (the actual manufacturer)? ... hmm.. ok
Reply 0
Jun 24, 2020 | 04:12 AM
  #35  
Quote: So the Porsche family owns 31% of VW, which owns 100% of Porsche AG (the actual manufacturer)? ... hmm.. ok
15% of VW, since they own only half the shares of Porsche SE, but otherwise yeah. Other major shareholders of VW include Qatar’s Sovereign Wealth Fund, and the state of Lower Saxony (HQ of VW is within this state).
Reply 1
Jun 24, 2020 | 10:57 PM
  #36  
Quote: I’ve been out of the marque for over a decade—do people still flash high beams at each other, or did that stop with the proliferation of the SUVs? I remember flashing “hello” when I got my first Boxster as one of the cool things about being welcomed to the club :-)
I don't see many 911's in my neck of the woods. However; when I do, most of the time there's an acknowledged wave or head nod when passing by. Not so much with the other Porsche variants, but definitely the 911 crowd.

Like you and waving wildly at Harley riders (haha!) I'll viciously turn my head away from anyone waving to me in a Cayenne or Macan! I don't care how hot she is!
Reply 0
Jun 24, 2020 | 11:41 PM
  #37  
I appreciate every Macan and Cayenne helping to subsidize my interests. However the sausage gets made.
Reply 1
Jun 24, 2020 | 11:55 PM
  #38  
If Porsche wants to make Cayennes, Macans and Boxsters/Caymans I say go for it. If it wasn't for some of those models we might not have an active Porsche 911 forum. They saved the bacon of a struggling company. Instead of taking them down it has pushed them up.
Those sales help fund 911 development and keep the brand healthy and growing. My wife's had 2 Cayennes and on her second Macan and there is a little real Porsche in both models.
And if they can make the profits they are and we keep buying I say hats off to them they must be doing something right.
Reply 2

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Jun 25, 2020 | 12:15 AM
  #39  
Ferrari gave in and is making an SUV.
Reply 0
Jun 25, 2020 | 11:17 AM
  #40  
What's with the Macan hate? I need a 4 door vehicle with hauling capability and all weather traction, but I want to drive one that's not too large, is relatively quick and handles well. It also has to be good looking, comfortable, and well built. For me, there is no other car that fits the bill like a Macan. Take one out on a winding mountain road, and you'll see that it really is a Porsche.
Reply 2
Jun 25, 2020 | 11:20 AM
  #41  
Quote: What's with the Macan hate? I need a 4 door vehicle with hauling capability and all weather traction, but I want to drive one that's not too large, is relatively quick and handles well. It also has to be good looking, comfortable, and well built. For me, there is no other car that fits the bill like a Macan. Take one out on a winding mountain road, and you'll see that it really is a Porsche.
not so much hate as tired of the equivocation between it and the 911...

I've driven one, and I've also driven an Audi Q5... can't tell the difference.

IF I were in the SUV market again, sure I'd get one... it's not hate, as much as fatigue.
Reply 0
Jun 25, 2020 | 11:59 AM
  #42  
Quote: I don't see many 911's in my neck of the woods. However; when I do, most of the time there's an acknowledged wave or head nod when passing by. Not so much with the other Porsche variants, but definitely the 911 crowd.

Like you and waving wildly at Harley riders (haha!) I'll viciously turn my head away from anyone waving to me in a Cayenne or Macan! I don't care how hot she is!
Quote: I appreciate every Macan and Cayenne helping to subsidize my interests. However the sausage gets made.
Quote: If Porsche wants to make Cayennes, Macans and Boxsters/Caymans I say go for it. If it wasn't for some of those models we might not have an active Porsche 911 forum. They saved the bacon of a struggling company. Instead of taking them down it has pushed them up.
Those sales help fund 911 development and keep the brand healthy and growing. My wife's had 2 Cayennes and on her second Macan and there is a little real Porsche in both models.
And if they can make the profits they are and we keep buying I say hats off to them they must be doing something right.
Quote: What's with the Macan hate? I need a 4 door vehicle with hauling capability and all weather traction, but I want to drive one that's not too large, is relatively quick and handles well. It also has to be good looking, comfortable, and well built. For me, there is no other car that fits the bill like a Macan. Take one out on a winding mountain road, and you'll see that it really is a Porsche.
Quote: not so much hate as tired of the equivocation between it and the 911...

I've driven one, and I've also driven an Audi Q5... can't tell the difference.

IF I were in the SUV market again, sure I'd get one... it's not hate, as much as fatigue.
Okay, okay, settle down fellas. It was only a joke

We all know the history behind the "savior" SUV's... no need to hash that out again lol

And besides, when's the last time a Porsche SUV has waved at your 911? I've never had it happen. Soooo... ya
Reply 2
Jun 25, 2020 | 12:01 PM
  #43  
Quote: Okay, settle down fellas. It was only a joke

We all know the history behind the "savior" SUV's... no need to hash that out again lol

And besides, when's the last time a Porsche SUV has waved at your 911? I've never had it happen. Soooo... ya
I cast my vote to Smiles11 for Rennlist moderator... 👍
Reply 0
Jun 25, 2020 | 12:05 PM
  #44  
Quote: I cast my vote to Smiles11 for Rennlist moderator... 👍


Just trying to clear the air lol
Reply 1
Jun 25, 2020 | 12:44 PM
  #45  
Quote: not so much hate as tired of the equivocation between it and the 911...

I've driven one, and I've also driven an Audi Q5... can't tell the difference.

IF I were in the SUV market again, sure I'd get one... it's not hate, as much as fatigue.
As someone who's been driving 911s for over 30 years, I wouldn't dream of treating a 911 and Macan (or any Porsche sedan/suv) as equals. That be being said, we sort of have the same car. Chalk on the outside, red/black on the inside, all wheel drive, heated steering wheel, PDK, ventilated seats, etc. You have exquisite taste.
Reply 2
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