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by kleiba2
57 days ago
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> Cut back to Porsche in 1992, and you’ll see a similar story playing out in a very different industry. Back then, Porsche was not in the fantastic position it is in today. Its model lineup was aging. Perhaps picking Porsche for this analogy wasn't necessarily the best choice: https://investorrelations.porsche.com/en/financial-informati... So much for "fantastic position it is in today"... |
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Porsche AG is part of the Volkswagen Group that is owned by Porsche SE.
either way car manufacture is not a big profit game