Comment by kleiba2
8 hours ago
> Cut back to Porsche in 1992, and you’ll see a similar story playing out in a very different industry. Back then, Porsche was not in the fantastic position it is in today. Its model lineup was aging.
Perhaps picking Porsche for this analogy wasn't necessarily the best choice: https://investorrelations.porsche.com/en/financial-informati...
So much for "fantastic position it is in today"...
i might be mistaken but you are looking at Porsche AG; the actual car company was made into a holding in 2007 and now called Porsche SE, then founded Porsche AG to make the cars.
Porsche AG is part of the Volkswagen Group that is owned by Porsche SE.
either way car manufacture is not a big profit game