Porsche reports June '09 Sales
07-01-2009, 08:01 PM
#16
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07-01-2009, 08:17 PM
#19
If you look at it in only "business" terms...they are in the same situation that many, many companies are in. Hopefully there are reserves enough to see them through until this "economic period" has passed!
07-01-2009, 08:37 PM
#20
Drifting
no, this is the "new normal".
What they need to do now is:
- shrink the dealer network, because there are too many dealers given the sales numbers.
- introduce that lower cost 4 cylinder roadster below the Boxster, they need a lower price point car that can do some volume.
Of course, first they need to close the Qatar financing deal.
What they need to do now is:
- shrink the dealer network, because there are too many dealers given the sales numbers.
- introduce that lower cost 4 cylinder roadster below the Boxster, they need a lower price point car that can do some volume.
Of course, first they need to close the Qatar financing deal.
07-01-2009, 09:16 PM
#22
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07-02-2009, 10:28 AM
#23
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I'd imagine used cars sales are keeping the lights on for many Porsche dealers.
But, those new car numbers are terrible...no way to put a positive spin on that.
But, those new car numbers are terrible...no way to put a positive spin on that.
07-02-2009, 12:06 PM
#24
Advanced
There is a great deal of uncertainty in today's economy which if further compounded by the policies of the current administration. Even if the economy recovers in the next 12 months we are all going to get hit with higher taxes. Higher taxes mean less disposable income which translates into a prolonged recession.
07-02-2009, 01:01 PM
#25
Nordschleife Master
Surprised to see the 911 S models are all ahead of their non S models in sales.
Even though the non S model is a great package it shows that HP does sell. I was in the dealer the other day and over heard a wife and husband talking.
He said he had to have the S because it is so much better. The wife just replied, your lucky just to even get one.
Even though the non S model is a great package it shows that HP does sell. I was in the dealer the other day and over heard a wife and husband talking.
He said he had to have the S because it is so much better. The wife just replied, your lucky just to even get one.
07-02-2009, 07:40 PM
#26
Burning Brakes
There is a great deal of uncertainty in today's economy which if further compounded by the policies of the current administration. Even if the economy recovers in the next 12 months we are all going to get hit with higher taxes. Higher taxes mean less disposable income which translates into a prolonged recession.
But you are right....the bottom line if gov takes your money their will be less money to spend on goodies. Oh, I know.....the government will make sure will all have a new P in our garage for free!
abe
07-03-2009, 01:16 AM
#28
Not sure about the rest of the country, but I can attest to the fact that the sales managers in the Pacific Northwest (where Oregon has the 2nd highest unemployment in the country) are clueless. When I was looking for cars in the last few months (before I bought my car from a private party in California), the dealerships in Oregon and Washington seemed to be completely out of touch with what $$$ would get a sale. I had cash in hand and I was astounded on the prices these dealerships, sales advisers, and sales managers were trying to hold to. After buying my car, I've gone back to their inventory and they are still sitting on every car I looked to buy. Oh well, I guess they know better than I do (and I guess I shouldn't care because I can drive my car while they let theirs collect dust on the showroom floor our outside lot).
07-04-2009, 02:52 AM
#29
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Couldn't agree with you more. Price examples from the 2 Oregon dealers: Used Carrera non-S, asking $70K. New 2009 C4S, $103K MSRP, only $5K discount.
I can't afford to pay the Northwest prices so I have to buy out of state/region...
I can't afford to pay the Northwest prices so I have to buy out of state/region...
Not sure about the rest of the country, but I can attest to the fact that the sales managers in the Pacific Northwest (where Oregon has the 2nd highest unemployment in the country) are clueless. When I was looking for cars in the last few months (before I bought my car from a private party in California), the dealerships in Oregon and Washington seemed to be completely out of touch with what $$$ would get a sale. I had cash in hand and I was astounded on the prices these dealerships, sales advisers, and sales managers were trying to hold to. After buying my car, I've gone back to their inventory and they are still sitting on every car I looked to buy. Oh well, I guess they know better than I do (and I guess I shouldn't care because I can drive my car while they let theirs collect dust on the showroom floor our outside lot).
07-04-2009, 02:55 AM
#30
Hope these dealers pull their heads out of the sand before the find the doors locked and all their inventory pulled out from under their noses by their lenders.
