Porsche 911 production may be cut

BS.

— veyron1001 (View Profile)

Posted on 7/2/2009 11:36:11 AM | reply to this comment | Votes: 2   

Porsche should just close shop and go back to its roots... makin' beetles

— sector (View Profile)

Posted on 7/2/2009 11:37:42 AM | reply to this comment | Votes: 4   

I call BS, too. Porsche has already cut production drastically for the 2009-2010 fiscal year. A friend of mine who worked for a very small Porsche dealership here in the Mid-west told me last month that at his dealership they are usually allocated around 50-60 Porsches annually. But starting this year, they have already received 5 new Porsches (including the Cayennes, Caymans, Boxsters, and 911) as their six-month allocations. You read that right! Only five Porsches for a six-month allocation instead of 30 Porsches. That's over 83% of a reduction already, so what are they talking about? If Porsche reduces any further, as they are threatening to do, that would take the allocation to just 1 car for the next 6-month allocation period. That does not make sense. I call BS, because I think this is their way to scare people into paying their ridiculous mark-ups so they can maintain their $20,000+ profit for every Porsche sold. That time is over.

— investor27 (View Profile)

Posted on 7/2/2009 11:55:18 AM | reply to this comment | Votes: 3   

:)))

— tryme (View Profile)

Posted on 7/2/2009 11:55:30 AM | reply to this comment | Votes: 2   

Hahahaha, things go bad when you are in debt over your head and your bread and you can't rape your faithful anymore.

— Joe_Limon (View Profile)

Posted on 7/2/2009 12:25:37 PM | reply to this comment | Votes: 3   

DU
DU HAST
DU HAST MICHE
NEIN!!

— pennfootball (View Profile)

Posted on 7/2/2009 1:04:18 PM | reply to this comment | Votes: 1   

Debt calls, margin calls in a few months boys, if Porsche can not fund those calls, they are going to be looking for an investor, and farewell to the days of Majority German ownership.

— 009load (View Profile)

Posted on 7/2/2009 2:20:55 PM | reply to this comment | Votes: 1   

LOL I know, margin call's a bitch.

— monkeyrun (View Profile)

Posted on 7/2/2009 3:07:17 PM | reply to this comment | Votes: 1   

Porsche does not have near $20,000 markup in every car. They are cutting production, they are tired of cars sitting in dealerships. They want to go back to the days when you couldnt just walk in and pick a car, you had to wait for an allocation.

If i were to venture a educated (well educated with good sources) 2010 will be the smallest production year since they went water cooled. Then early next spring they will announce Hybrid sales for Panamera/Cayenne and offer a V6 Panamera. Finally they will top it off with a new 911 Turbo.

911 Turbo rumors of DFI 515 HP and with PDK SUB 3.0 Second 0-60.

— Timzilla (View Profile)

Posted on 7/2/2009 4:55:39 PM | reply to this comment | Votes: 2   

Its sad really. Im about to go into college and will be out in some years. A porsche has always been something I look forward to owning but the way things are looking I really hope that Porsche doesnt dissapear like pontiac or any of those companies that have just gone out the window in the last few months. Hoping that in the following years things get better for Porsche.

— Arsen89 (View Profile)

Posted on 7/2/2009 5:57:59 PM | reply to this comment | Votes: 1   

Porsche is not going to disappear anytime soon, but you probably want to learn how to use the spell check before going off to college, and before dreaming about owning a Porsche one day.

— investor27 (View Profile)

Posted on 7/2/2009 9:11:05 PM | reply to this comment | Votes: 3