« GT2 and GT3 Will Get DFI | Main | RS Spyder Gets DFI »
Porsche Posts Another Huge Profit
September 11, 2008
Porsche was once again expected to show why it is the world’s most profitable automaker.
Porsche was expected to post a profit of $17.05 billion on revenues of $13.3 billion for the 2007 fiscal year. Wait, what? They made more money than they took in? Well, a lot of that was due to their investment in Volkswagen and the revaluation of the company’s stake in VW.
Profit directly from the sales of automobiles was expected to be about $1.86 billion.
[source: Forbes via Motor Authority]
Posted in Company News
