Porsche targets high profits despite costs -CEO

Newswire

STUTTGART, Germany, Jan 27 (Reuters) - Germany's Porsche will do its utmost to ensure profits stay high this fiscal year despite "enormous" development costs for a new model line and hybrid engines, Chief Executive Wendelin Wiedeking said on Friday. "We will profit here from our forward-looking currency policy as well as from a further rise in efficiency, which remains a permanent topic for us," he said in remarks prepared for delivery to the sports car maker's shareholder meeting. ...

Premium Content (PAID Subscription Required)

"Porsche targets high profits despite costs -CEO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 9, 2016
Video
WardsAuto

FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×