Cars
Porsche Pockets $17,250 Profit on Every Car
That’s operating profit per car, compared to about $5,000 for Daimler and BMW. How do they do it?
Porsche Pushing Toward Electric and Driverless Cars
Porsche’s profit machine, already humming, just shifted up.
The Volkswagen AG brand delivered 238,000 of its sinuous vehicles last year and posted an operating profit of 3.9 billion euros ($4.1 billion), up 14 percent from 2015. Put those numbers together and it’s on pace to net about $17,250 a car1489930578278, up 9 percent.