Porsche Financial Health

[Stormy_Monday]

We should start a pool on where Porsche lands...

[RDMcG]

I would keep the seatbelts tightly fastened.

It is very difficult to pivot quickly from a clear EV direction to some kind of hybrid.

The Chinese market it not coming back soon, Porsche currently has a hole in the middle of the product range with no sports cars below the 911, a gap where the Macan is no long marketed in Europe, and a collapse of margin, so now have a major reinvestment, cost slash, and still have to convince investors that the fall in stock value is recoverable.

Further, the Chinese and Korean manufacturers are on a tear with BYD suddenly bigger than Tesla. I full expect to see sports cars at the higher end. Will they suddenly deliver the Porsche heritage? No. But for younger buyers who cannot get entry-level Porsches there will be incentives on the global market place to try something new.

I say the above as a confirmed long-term Porsche enthusiast with five of them in the garage. I do hope there is a way out of this, but it is not gong be at all easy.

[996C438]

I think VW will sell off Porsche as VW is hurting . Yes Porsche is hurting also but has proven it can stand on its own two feet .

[Stormy_Monday]

I think VW will sell off Porsche as VW is hurting . Yes Porsche is hurting also but has proven it can stand on its own two feet .

deja vu all over again.

[Stormy_Monday]

Porsche's H1 deliveries plunge 16% to 122,306 units - Breaking The News https://share.google/ABDlHP883bINkao7s

[blueline]

A major VW news release from late yesterday:

"The VW Group Is Gutting Its Lineup. Up To Half Its Models Could Die"

"Even with all the reports raising red flags about the VW Group’s dire situation, today’s announcement is a lot to take in. Gutting the lineup to this extent is practically unheard of in the automotive industry."

https://www.motor1.com/news/801179/vw-g ... p-in-half/

It appears that VW Group is reacting with an urgency beyond what most expected - they are not wasting any time which is good but also alarming. They now are realizing what needs to be done if they expect to survive - piecemeal adjustments are not going to cut it and I'm sure there will be more major announcements in the coming days and weeks.

Changes to Porsche will follow I imagine. I fully expect Porsche will be cut loose from VW.

[Tom]

A major VW news release from late yesterday:

"The VW Group Is Gutting Its Lineup. Up To Half Its Models Could Die"

"Even with all the reports raising red flags about the VW Group’s dire situation, today’s announcement is a lot to take in. Gutting the lineup to this extent is practically unheard of in the automotive industry."

https://www.motor1.com/news/801179/vw-g ... p-in-half/

It appears that VW Group is reacting with an urgency beyond what most expected - they are not wasting any time which is good but also alarming. They now are realizing what needs to be done if they expect to survive - piecemeal adjustments are not going to cut it and I'm sure there will be more major announcements in the coming days and weeks.

Changes to Porsche will follow I imagine. I fully expect Porsche will be cut loose from VW.

It says Porsche is ending production of the gas-powered Macan this month... I guess that solves my Macan or Cayenne conundrum....

[Stormy_Monday]

A major VW news release from late yesterday:

"The VW Group Is Gutting Its Lineup. Up To Half Its Models Could Die"

"Even with all the reports raising red flags about the VW Group’s dire situation, today’s announcement is a lot to take in. Gutting the lineup to this extent is practically unheard of in the automotive industry."

https://www.motor1.com/news/801179/vw-g ... p-in-half/

It appears that VW Group is reacting with an urgency beyond what most expected - they are not wasting any time which is good but also alarming. They now are realizing what needs to be done if they expect to survive - piecemeal adjustments are not going to cut it and I'm sure there will be more major announcements in the coming days and weeks.

Changes to Porsche will follow I imagine. I fully expect Porsche will be cut loose from VW.

Can Porsche ever be fully independent from VW?

[blueline]

A major VW news release from late yesterday:

"The VW Group Is Gutting Its Lineup. Up To Half Its Models Could Die"

"Even with all the reports raising red flags about the VW Group’s dire situation, today’s announcement is a lot to take in. Gutting the lineup to this extent is practically unheard of in the automotive industry."

https://www.motor1.com/news/801179/vw-g ... p-in-half/

It appears that VW Group is reacting with an urgency beyond what most expected - they are not wasting any time which is good but also alarming. They now are realizing what needs to be done if they expect to survive - piecemeal adjustments are not going to cut it and I'm sure there will be more major announcements in the coming days and weeks.

Changes to Porsche will follow I imagine. I fully expect Porsche will be cut loose from VW.

Can Porsche ever be fully independent from VW?

Considering the incredibly convoluted ownership structure of the company as well as the other controlling interests (family, gov, etc.), I'd say no. But, I think the company can be operationally independent again.

[RDMcG]

While VAG and Porsche struggle there is a lot of new product coming at premium levels from China ,Korea and Japan.

A US ban on the Chinese cars will have little effect on the global market place.

Here are just a couple among many:

https://www.pistonheads.com/gassing/top ... &t=2145983

https://www.pistonheads.com/gassing/top ... &t=2145937

A strategy to slash product will need to be accompanied by a strategy for compelling new product. The world is changing very quickly.