Quote:
Originally Posted by supafamous
When we say VW are we saying VAG or just VW? I can't imagine Porsche will be in trouble or Lamborghini or Bentley.
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I am only referring to VW, not VWAG. Most news reports only talk about VW's woes, and I don't think they are referring to VWAG either when they talk about VW's current financial troubles.
For the time being, I don't think Porsche is in any immediate danger. As an upmarket brand, they have bigger profit margins to begin with. Furthermore, they have been jacking up their prices at a pace much faster than inflation. Case in point -- back in 2018, the base Cayman was a Cdn $62.7k car. In 2024 dollars, that's $75.7k. But the current 2025 model is asking for $85.3k. In a similar vein, a 2014 Macan S started at Cdn $54.3k, which is $70.3k in 2024 dollars. Today, a 2025 Macan S starts at $86.6k.
(But gosh... I still want a Macan S lol~)