Hedge funds fear bankruptcy after Porsche squeeze

[AtW]

The hedge fund scammers are probably Porsche's biggest customers. HTH.

Porsche is trying to get control over VW for a reason, and they defended it pretty well, they understand that they need to have mass production models in order to survive.

Hedge funds managers certainly buying Porsches, but I doubt the number of sales is that high - overall Porsche sales are about 36k per year (911/Boxter/Cayman/Cayenne), just how many sales would Porsche lose if all hedge funds go bust and their execs go where they belong - jail? I doubt they lose as much as they would have if those scammers raped their long term business interests.

[DodgyAgent]

Porsche is trying to get control over VW for a reason, and they defended it pretty well, they understand that they need to have mass production models in order to survive.

Hedge funds managers certainly buying Porsches, but I doubt the number of sales is that high - overall Porsche sales are about 36k per year (911/Boxter/Cayman/Cayenne), just how many sales would Porsche lose if all hedge funds go bust and their execs go where they belong - jail? I doubt they lose as much as they would have if those scammers raped their long term business interests.

They've already lost the estate agent buyer, rich gits like Churchill are buying Audis and anyone with an ounce of imagination will go and buy a Nissan Gt-R or a Lambo

[oracleslave]

German cars are hugely over-rated. Japanese ones are much more reliable.

HTH

Irrelevant. It's about branding and 'made in Germany' comes with a level of implied quality that Japan is nowhere near.

[Spacecadet]

They've already lost the estate agent buyer, rich gits like Churchill are buying Audis and anyone with an ounce of imagination will go and buy a Nissan Gt-R or a Lambo

Lamborghini the car company owned by VW?

[Spacecadet]

Irrelevant. It's about branding and 'made in Germany' comes with a level of implied quality that Japan is nowhere near.

Except for those people who know about cars and want something reliable that will run and run.
The horror stories that I've heard from BMW owners who I know have put me off them for life

[Mich the Tester]

Irrelevant. It's about branding and 'made in Germany' comes with a level of implied quality that Japan is nowhere near.

Add to that, the Japanese change their models so often that on the continental market they have little residual value compared to German cars; very important when most new cars are sold to lease companies. VW, Audi, BMW, Opel and Merc do well in the company car market, partly because km for km in the long run they turn out to be quite reasonably priced.

[AtW]

They've already lost the estate agent buyer, rich gits like Churchill are buying Audis and anyone with an ounce of imagination will go and buy a Nissan Gt-R or a Lambo

The power is shifting from the West to Asia, they sure lose buyers here but they get them elsewhere - even if they lose some sales, say 20%, they'd still have good product people want to buy. What does UK manufacture that people elsewhere want to buy, Burberry coats? I think even those got outsourced now.

[Mich the Tester]

Europe didn’t get rich by doing things cheaply. It got rich by making good stuff and putting a big price tag on it.

[Spacecadet]

Europe didn’t get rich by doing things cheaply. It got rich by making good stuff and putting a big price tag on it.

Europe got rich from owning half the world, it'll take a long time for that balance of wealth to shift

[Chugnut]

German cars are hugely over-rated. Japanese ones are much more reliable.

HTH

Except for those people who know about cars and want something reliable that will run and run.
The horror stories that I've heard from BMW owners who I know have put me off them for life

WTS. Hugely overrated cars IMO and the $tealers I've dealt with are very arrogant.