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Porsche gears up its profit machine to net US$17,250 a car

Tuesday, March 21, 2017 - 05:50

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Porsche's revenue breaks down to almost US$99,000 per vehicle; every time it sells a 911 sports car or one of its Cayenne SUVs, it could take the profit alone and go buy a brand new Chevy Cruze.

New York

PORSCHE'S profit machine, already humming, just shifted up.

The Volkswagen AG brand delivered 238,000 of its sinuous vehicles last year and posted an operating profit of 3.9 billion euros (S$5.9 billion), up 14 per cent from 2015. Put those numbers together and it's on

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