Forums - Porsche U.S. October sales up 15.1% to 1,642 units



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ASusilovic

Registered: May 2007
Posts: 5808

11-03-09 05:24 PM

SAN FRANCISCO (MarketWatch) -- Porsche Cars North America Inc. said Tuesday sales in the U.S. rose 15.1% in October to 1,642 units from 1,427 in October 2008. "This marks the third consecutive month that PCNA has recorded an increase in year-over-year sales from 2008," said the European automaker.

http://www.marketwatch.com/story/po...nits-2009-11-03

Made in Germany, financed by US FED QE....

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jordanf

Registered: Jul 2003
Posts: 101

11-03-09 08:33 PM

There are a little over 200 Porsche dealers in the country, so that is 8 per dealer, or about 2 cars a week per dealer. I wonder what the dealers profit margin is? I assume the weak dollar isn't helping.

Of course the service departments at these dealerships are raking it in. And I believe many Porche dealerships are not exclusively Porsche.

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Scataphagos

Registered: Apr 2009
Posts: 1905

11-03-09 08:35 PM

Quote from jordanf:

"... the service departments at these dealerships are raking it in.

About 3 years ago the labor rate at local Audi dealer was $175/hr. Any idea what it is at Porsche?

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makloda

Registered: Mar 2006
Posts: 6311

11-03-09 08:38 PM

A German car going for 100k EUR in Europe goes for $100k USD in the States, i.e. the Dollar punishes the car manufacturers outside of the US, not US customers.

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mastertrader12

Registered: Nov 2009
Posts: 46

11-03-09 10:57 PM

good question, Scataphagos. I'd like to know this as well.

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Landis82

Registered: Jul 2006
Posts: 8118

11-03-09 11:06 PM

Quote from Scataphagos:

About 3 years ago the labor rate at local Audi dealer was $175/hr. Any idea what it is at Porsche?

I own a 997-generation GT2 and my wife has a Boxster.
Our local Porsche dealer
charges $160 per hour.

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