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Porsche cuts full year revenue forecast 2024

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Old 07-22-2024 | 11:36 PM
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Default Porsche cuts full year revenue forecast 2024

Porsche cuts full year 2024 revenue forecast
Old 07-22-2024 | 11:59 PM
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IMHO that flooding story is BS. Sales are down because Porsche has reached people's price threshold.

A base Macan starts at $63k? Base EV Macan $75k? Macans are the golden gooses, but maybe not for long at those prices.
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Old 07-23-2024 | 12:04 AM
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Are they adding ADM to the forecast.
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Old 07-23-2024 | 12:10 AM
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What’s a €1 billion here and there amongst friends? 👀
Old 07-23-2024 | 12:54 AM
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Originally Posted by 9914s
Are they adding ADM to the forecast.
Does that money make it to Porsche or just the dealer?
Old 07-23-2024 | 12:58 AM
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Originally Posted by GrantG
Does that money make it to Porsche or just the dealer?
Dealer, but I don’t feel bad for either.
Old 07-23-2024 | 01:58 AM
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My guess it's due to all the production delays along with other markets slowing down more than the US.
Old 07-23-2024 | 09:42 AM
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I was at the dealer the other day and he said they are discounting Macan’s. He didn’t say which version or how much. He said that they have to many.
Old 07-23-2024 | 11:07 AM
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Originally Posted by Carlo_Carrera
IMHO that flooding story is BS.
LOL...


"In a note published Tuesday, UBS analysts said they were “surprised” by frequent supply chain issues at Porsche. While the flooding the in the supplier’s facility could be seen as major issue, supply chains have broadly been “very stable” since the end of the chip crisis, they said.

“This raises some question marks about supply chain management at Porsche,” the analysts wrote."

https://www.cnbc.com/2024/07/23/pors...-shortage.html


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Old 07-24-2024 | 10:42 AM
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Originally Posted by rennlistfan
LOL...


"In a note published Tuesday, UBS analysts said they were “surprised” by frequent supply chain issues at Porsche. While the flooding the in the supplier’s facility could be seen as major issue, supply chains have broadly been “very stable” since the end of the chip crisis, they said.

“This raises some question marks about supply chain management at Porsche,” the analysts wrote."

https://www.cnbc.com/2024/07/23/pors...-shortage.html
Yes, it's BS.

A 2024 Audi Q5 starts at $45k. How can a base Porsche Macan starting at $63k be worth $18k more? Quick answer, it isn't.
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Old 07-24-2024 | 11:17 AM
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Originally Posted by Carlo_Carrera

A 2024 Audi Q5 starts at $45k. How can a base Porsche Macan starting at $63k be worth $18k more?
The difference LOL:



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