Just did an analysis of Porsche's 2023 Results and Ownership structure. Overall they are in quite good condition but ownership structure could not be more convoluted if they tried.
https://karenable.com/porsche-2023-results/
Porsche's 2023 Results
Re: Porsche's 2023 Results
I like the analogy of Porsche shareholders to Monacoians (Monacanites?)
Surprised the SUVs aren't profitable as anecdotally there should be huge R&D and economies of scale with the closely related VW empire products.
Unless the numbers are fiddled to make Porsche SUVs less profitable to push up the numbers for VW/Audi/Skoda variants?
Surprised the SUVs aren't profitable as anecdotally there should be huge R&D and economies of scale with the closely related VW empire products.
Unless the numbers are fiddled to make Porsche SUVs less profitable to push up the numbers for VW/Audi/Skoda variants?
Re: Porsche's 2023 Results
Im sure the SUVs are profitable, just not to the same extent as the multitude of 911 special editionsRobYob wrote: ↑Tue Apr 02, 2024 3:06 am I like the analogy of Porsche shareholders to Monacoians (Monacanites?)
Surprised the SUVs aren't profitable as anecdotally there should be huge R&D and economies of scale with the closely related VW empire products.
Unless the numbers are fiddled to make Porsche SUVs less profitable to push up the numbers for VW/Audi/Skoda variants?
Re: Porsche's 2023 Results
It’s a good job that Porsche make profitable sports cars to keep their core SUV business going.
Re: Porsche's 2023 Results
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