Porsche Admits Trouble Ahead: “Our Business Model No Longer Works”

[goblin]

What is he saying here?

That the Labor dept. in Singapore used to facilitate travel to China and India at least in part so Singaporeans can compare and see if they have basis to complain about their own working conditions.

 

[KrisZ]

What is he saying here?

A whole bunch of nothing. That’s what they’re good at, say a bunch of stuff without saying anything specific and let people fill in the details themselves.

Just like so…

Labor costs are too high; labor is too powerful; labor is fat around the middle.

 

[andrew_j]

I never understood why Porsche so happily jumped on the SUV bandwagon. I would understand it if they were a standalone company, but being that VAG has VW for mainstream buyers and Audi for premium offerings, I never understood the need for Porsche to do anything but the 911 and Boxster/Cayman. I realize the Cayenne has been around a long time, however.

Point is, why do I need a Macan when the Q5/SQ5 exists? At the end of the day, I won't be sad as long as they continue making 911s that consume dinosaurs.

The SUV sales of marked up but heavy Porsche touch Audi offerings subsidize the cars. People love SUVs irrelevant to brand. Even Lamborghini sells a premium Audi shared platform SUVto help offset other costs.