Porsche Proves Volume Oriented Sales Are Not The Way To Go

Porsche's announced its annual figures, revealing results that most carmakers would give their right arms for.

Pre-tax profits are up to €2.11 billion ($2.81 billion USD)from €1.238 billion ($1.65 billion USD), and after taxes it's still €1.393 billion (1.85 billion USD), almost doubling the previous year's income. And the company's still got almost €2 billion ($2.66 billion USD) cash in the bank, despite buying almost 30 per cent of VW.

For the future, Porsche said that: "Even Porsche faces restrictions ... in the world today. However, Porsche will not in any way deviate from the Company's clearly profit-oriented – and not volume-oriented – business policy.

More after the jump:



Full 2006 LA Auto Show photos (click the link below)


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Homer008 - 12/6/2006 10:41:13 AM

+1 Boost

Porsche's #1 secret is its appeal.
Ford and GM's #1 secret is also appeal, lack thereof.

quizz - 12/6/2006 12:38:53 PM

+2 Boost

It's all in the options... dang, everything is an option, just be happy the a/c is now standard

but the business model works :)

S4cabriofoxone - 12/6/2006 5:57:05 PM

+1 Boost

I love Porsche.

Best car company in the world.

They're beautiful, they're God-like to drive, they're reliable (!), they have top-notch interiors, and they're worth every penny of "prestige pricing".

S4cabriofoxone - 12/6/2006 11:38:18 PM

0 Boost

Are you implying that they don't do anything right?

Have you ever seen a Porsche?

Obviously not!

racer_65 - 12/7/2006 1:32:13 AM

+1 Boost

Driving a Porsche gives you a high. That's why there is no substitute!