Lots of brand new Porsches immediately available

[Wills2]

Ed.Neumann said:

Is this an EU thing or just the UK?

Both.

[stuckmojo]

Wills2 said:

Both.

yes, in lockstep with EU. Keep hold of your ICE Porsches

[DMZ]

It’s UK only. There are no EV sales targets in the EU, just CO2 targets which you can achieve as you want.

[Wills2]

DMZ said:

It’s UK only. There are no EV sales targets in the EU, just CO2 targets which you can achieve as you want.

Ah I see, I would imagine once they get up to the threshold for the year they will just turn the ICE tap off for the UK, if the trend persists then that going to crush sales volumes in the years to come as the percentage rises.

[Ed.Neumann]

Wills2 said:

Ah I see, I would imagine once they get up to the threshold for the year they will just turn the ICE tap off for the UK, if the trend persists then that going to crush sales volumes in the years to come as the percentage rises.

Yeah, I know the sales managers have already been warned this is going to happen. I was speaking with one last weekend, he reckons it is going to be bedlam.
He said if the lockdowns caused supply issues, insane used prices etc. this will be on another level.



80% of all cars sold by 2030? I wonder if they will have sorted something out for the 50% of home owners having no where to charge their car by then?




You would think they would have gone all out to have got the infrastructure sorted before rolling out the restrictions. [/sarcasm]

[Cheib]

I've got a deposit down for a Macan EV which I think start deliveries September/October. Sales Exec told me they have a lot of allocations for Q4 which I guess is because of this.

Porsche have been selling 5k Taycans a year in the UK which is roughly 20 ish per cent of sales. Probably nothing like that at the moment though.

[Ed.Neumann]

I can see a lot of manufacturers selling rebadged Citroen Ami's in the near future.

Basically, add €3500 to the price of every ICE car and then sell Porsche (Ami) city car for for £2,999 and you have covered the cost, or give it away free if you spec PTS or something, they would have no problem on ratios.



It is done on percentage of units, not value, so that would work.

Edited by Ed.Neumann on Saturday 6th April 16:10

[andrew]

Ed.Neumann said:

I can see a lot of manufacturers selling rebadged Citroen Ami's in the near future.

somebody here must have photoshop skills ???

[ChrisW.]

This sounds so ridiculous that it must flex ... not least because there would probably not be enough electrical capacity on the grid and many people will not be able to charge an electric car due to logistical issues ...

[Ger-lkhgm]

Can they just add £15k to the price of a petrol 911? This will cover the fine and people will pay as the 911 will become more exclusive in the EV era. Heck, they already add about 50k to what a taycan should cost!

[Sidsw]

mercedes have already back tracked and publicly stated that they will now be developing new ice engine to deliver well into 2030's.

[Sidsw]

Ger-lkhgm said:

Can they just add £15k to the price of a petrol 911? This will cover the fine and people will pay as the 911 will become more exclusive in the EV era. Heck, they already add about 50k to what a taycan should cost!

they already did. that was apparently the reason for the hike in prices last year!

[Sidsw]

Cheib said:

I've got a deposit down for a Macan EV which I think start deliveries September/October. Sales Exec told me they have a lot of allocations for Q4 which I guess is because of this.

Porsche have been selling 5k Taycans a year in the UK which is roughly 20 ish per cent of sales. Probably nothing like that at the moment though.

not lots, but from what i heard demand hasnt been anywhere near as strong as it was for the original car back in 2013. lot of people are waiting to see it before ordering so i am told.

[Newc]

Wills2 said:

DMZ said:

It’s UK only. There are no EV sales targets in the EU, just CO2 targets which you can achieve as you want.

Ah I see, I would imagine once they get up to the threshold for the year they will just turn the ICE tap off for the UK, if the trend persists then that going to crush sales volumes in the years to come as the percentage rises.

If they stick to the increasing ratio, and infrastructure isn't resolved somehow (esp people with no way to charge at home), it's going to be chaos.

When people catch on, it'll be like the old Soviet plumber joke. All the ICE quota is going to be ordered up front in 2024/25 for delivery through to 2035. People will be ordering on spec just to lock in a build slot.

One litre shopping trollies are going to be fetching overs.

[tescor]

Not much change in the last week...



and

[EC2]

Thanks for updating this. As I and a few others have said before, the crisis is likely now over. The economy is now expanding again, interest rates are likely to fall within the next six months and the best deals are now behind us.

On the flip side I still don’t get with sales down YTD why Porsche UK are persisting with the APR rates which they are and it would be interesting to know how many people are going elsewhere for finance which is an easy decision with no deposit contributions.

[Sukh13]

Maybe the crisis isn't as over as you suggest....?

[Gregmitchell]

EC2 said:

Thanks for updating this. As I and a few others have said before, the crisis is likely now over. The economy is now expanding again, interest rates are likely to fall within the next six months and the best deals are now behind us.

On the flip side I still don’t get with sales down YTD why Porsche UK are persisting with the APR rates which they are and it would be interesting to know how many people are going elsewhere for finance which is an easy decision with no deposit contributions.

How is the crisis over, Interest rates haven't come down, mortgage rates are higher than they were 3 months ago, jobs are scarce, economy is expanding 0.1% or somethign daft with massaged numbers to avoid the word "recession", it's April, council tax billings up etc etc Large Bluechips still getting rid of staff like there's no tomorrow

The best selling Macan has its highest stock number for as long as i can remember, 450+ 911's in stock and all the Taycans pre-registered in a field.

[Ed.Neumann]

EC2 said:

Thanks for updating this. As I and a few others have said before, the crisis is likely now over. The economy is now expanding again, interest rates are likely to fall within the next six months and the best deals are now behind us.

I'm not sure if this is sarcasm or not?

I work with many businesses who are coming to the end of their business loans and are seeing rates jump from 3-4% apr to 8-12%.
Many are going to have to lay off staff or even call it a day.
They are still paying off Covid and will be for a few years yet, so certainly far from over, many would argue it is only just starting to hit a vast majority. People are worried about their residential mortgage rates, but commercial rates makes those look like nothing.

I think the big issue is many employees just don't realise what is coming and will be completely shocked. Even high level management, unless you're the owner or the accountant why would you know? Not many bosses tell you just how bad it is until the very last minute.

[EC2]

Gregmitchell said:

EC2 said:

Thanks for updating this. As I and a few others have said before, the crisis is likely now over. The economy is now expanding again, interest rates are likely to fall within the next six months and the best deals are now behind us.

On the flip side I still don’t get with sales down YTD why Porsche UK are persisting with the APR rates which they are and it would be interesting to know how many people are going elsewhere for finance which is an easy decision with no deposit contributions.

How is the crisis over, Interest rates haven't come down, mortgage rates are higher than they were 3 months ago, jobs are scarce, economy is expanding 0.1% or somethign daft with massaged numbers to avoid the word "recession", it's April, council tax billings up etc etc Large Bluechips still getting rid of staff like there's no tomorrow

The best selling Macan has its highest stock number for as long as i can remember, 450+ 911's in stock and all the Taycans pre-registered in a field.

That’s what makes a market. You obviously see the economy in a more bearish fashion than I do. Fair enough. We are certainly going into a period of low real economic growth as is most of Europe, Germany especially.

Even if the percentage falls YTD continue for Porsche UK for the full year it is still a good performance. Sure the 911 numbers are high but price rises allow discounting to shift them and the .2 transition will mop up some of the excess stock.

It is easy to find negative stories about the economy and it will not experience the real expansion it did from post early nighties recession to the financial crash of a decade and a a half ago but the worst is over IMHO.