Porsche/Toyota -- the rest of the way down the rathole

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11-02-2004 | 09:35 PM

#16

Bob Rouleau

Still plays with cars.
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From: Montreal

Umm Ferrari is profitable, Fiat is a money loser.

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11-02-2004 | 10:21 PM

#17

Moogle

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ferrari is not profitable, they spend all their money on F1 and have been losing in the 8figures for the last few years.

Quote:

Originally Posted by Cupcar

The cars still sell because since their is no perceived competition in their segment, no more innovation or quality is required to sell them in a market that doesn't demand it.

truth!!!

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11-02-2004 | 10:28 PM

#18

wch

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Here is reasonably recent financial info for the Ferrari Maserati group:

http://www.ferrariownersclub.co.uk/h...2q_results.asp

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11-02-2004 | 10:29 PM

#19

jhunt@huntinter

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I always understood that Ferrari lost money on the cars and made money on the licensing for a net win.

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11-02-2004 | 10:34 PM

#20

fahren affair

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From: Newport Beach, California

fiat making ferrari profitable is play on words. the inference was, porsche can't rely on corporate welfare to sustain itself.

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