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

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/porsche-us-october-sales-up-151-to-1642-units-2009-11-03

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

 

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.

 

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

 

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.

 

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

 

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

 

well worth it. those guys are like brain surgeons compared to the local pep boy greasey monkey

 

I hope you take the GT2 to a couple trackdays a year otherwise you are wasting a lot of car there sir

 

So it is the manufacturer that bears the brunt of the weak dollar, not the dealer? I assumed it would be the US dealership since they purchase their inventory with increasingly weaker dollars. I've probably got it wrong.

I think it was 190/hr last summer, but that is priced in Hamptons dollars.

 

I'll be damned... Porsche 911 Turbo $135k in US, €145k in Germany. I wonder if there's a difference in the features list though. Still, [145-(135/1,48)] $54k covers an awful lot of extras in the car. Does it come with a daily complimentary bj?