Porsche profits collapse
Discussion
nn7man said:
It's all over for EV's for now. the people have voted and they don't want the current crop of bloaters and their depreciation.
They're pretty unstoppable and politicians just see these as collateral damage and not their fault. The biggest problem is that for any sports/performance car brand the EV movement takes away handing and powerful/loud engines. Without that they are nothing really.supersport said:
Is it the case that you still can t order a new Boxster / Cayman?
If so that s got to be a pretty huge dent. Utterly bonkers.
Cayster was the slowest seller, so no, not a huge dent. Probably hurts 911 profitability a bit due to shared platform historically helping to amortise dev and engineering costs and, for now, the 992 hasn't had a Cayster sister car. But the 718 EV is clearly 992 based and no doubt the rebooted ICE version will be 992 based or at least based on whatever the next generation 911 platform is called, presumably not 993. Well, unless the sIf so that s got to be a pretty huge dent. Utterly bonkers.
t really hits the fan and they cancel the reboot due to lacking funding.The "EVs are dead" thing is a bit silly, too. For sure, the EU pushed too hard to soon on EVs but they're not dead. The transition is simply going to take a while. But EVs will eventually be a no brainer for daily transport for the vast majority of motorists. Which is a good thing. Most modern cars have ghastly four banger engines with zero personality and crap power delivery. Once they sort the battery tech out, an EV will be far, far superior. It's already better in a lot of cases.
What happens with niche / speciality cars is obviously a bit trickier to call. Not sure I'd want to drive an EV for fun, but then again, when you look at how many cars you see on the road today with interesting, characterful and dynamic ICE (i'm emphasising on see rather than how many exist sitting in garages or storage units not moving mostly)—ie, very few—you have to wonder if that sustains a truly practical network of filling stations once all the dull and daily stuff has gone electric. Even without legislating ICE out of existence, what's the overall count of filling stations that could be supported by the total ICE traffic of rarely used speciality cars 20 or 30 years from now and will there be enough to ensure using an ICE car isn't a pain in the arse?
As I understand it, storing fuel at home won't be a great option for a number of reasons for most people. So, it's not hard to imagine a future where it's all rather more complicated and road trips need a fair old bit of planning, what with lack of filling stations and ICE car bans in towns and cities etc.
You can pretend the EV thing is a hoax if you want. But I think more realistic to recognise that's it's still coming and that now's the time to enjoy these ICE cars while we still can. It's pretty much the golden age right now. Uber capable moderns if you like that. A whole industry of resto and restomod service providers if that's your bag. Even cheap stuff like 986s and 987s for frankly crazy low money that give a great experience. And, for now and contrary to most narratives, the majority of the actually good roads are barely policed and you can drive to your own sensible limits. An awful lot of that could and I think may well change for the worse over the next few decades.
The German car industry is owned by Russian energy. This and supply chains around what used to be the the old Eastern Europe wrecked by Ukraine war. Until the war sorted all German manufacturing will suffer as it relied on cheap Russian energy. The EU was sanctioning itself when it sanctioned Russia. Led by donkeys.
bennno said:
Still won t sell or build me a 992 touring, for most their finance rates are way too high.
Without a willingness to supply what the customer wants and to offer finance at competitive rates then their business model is fked.
There’s new unreg cars out there, contact me if you want a lead..Without a willingness to supply what the customer wants and to offer finance at competitive rates then their business model is fked.
To a degree I think Porsche have pushed their prices way too high
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They brought out the Taycan before that had sorted its range and then failed to support owners when they came to sell. This must have dented future Taycan sales.
They also alienated quite a few potential buyers by making the GT cars hard to get without buying multiple cars and allowing the dealers to take the piss come resale time.
They also seemed to have focussed upselling options for the braggarts rather than appealing to those who just want a bloody good sports car with enough kit to make it feel worth the price.
On top of all that global economy is crap, materials prices are rising, regulation is rising, and people don't have spare cash for a toy (this is reflected across the premium sports car market)
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They brought out the Taycan before that had sorted its range and then failed to support owners when they came to sell. This must have dented future Taycan sales.
They also alienated quite a few potential buyers by making the GT cars hard to get without buying multiple cars and allowing the dealers to take the piss come resale time.
They also seemed to have focussed upselling options for the braggarts rather than appealing to those who just want a bloody good sports car with enough kit to make it feel worth the price.
On top of all that global economy is crap, materials prices are rising, regulation is rising, and people don't have spare cash for a toy (this is reflected across the premium sports car market)
IMI A said:
The German car industry is owned by Russian energy. This and supply chains around what used to be the the old Eastern Europe wrecked by Ukraine war. Until the war sorted all German manufacturing will suffer as it relied on cheap Russian energy. The EU was sanctioning itself when it sanctioned Russia. Led by unelected, unaccountable, incompetent donkeys.
FTFY.housemouse said:
Cayster was the slowest seller, so no, not a huge dent.
This isn't correct. 718 Boxster and 718 Cayman sales last year were 18,612 deliveries, down 21 per cent from the previous year due to production ending part way through the year. Taycan sales were 16,339 deliveries for the whole year.911 sales were 51,583 for comparison.
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