Automotive

It was touted for a while but finally announced yesterday that Porsche was removed from the Dax stock index of 40 top stocks in Germany. The value dropped by a third over the past months and the delisting there and transfer to MDAX of medium sized compani...  

It used to be you wanted a 911 you could buy a 911 from your dealership. Now it’s these games of dealer mark ups and how many cars have you bought from us? The appeal to Porsche has become less and less for me aside from the ones I have. Plenty of great o... 

Porsche would find it a lot more challenging at their volumes...

couldn't u say the same thing about most watch ADs?

The difference being that the watch industry as a whole is tiny in comparison to the car industry. I guess the whole industry would be smaller than a medium sized car manfuacturer in annual sales and their investments in R&D and other areas are miniscule ... 

But the approach has become more challenging indeed. Sadly, the bread and butter is not drawing in enough customers and the volumes are suffering badly. In Europe dealers now proactively chase after customers with double digit discounts (not for the more ... 

and I love my entry level Macan. One thing I will say though, personally, I don't think a Porsche and EV should ever appear in the same sentence.

If they were to follow, that would automatically mean a stop as a business entity relatively soon...

And we all miss some fun aspects of the past. I guess it will be similar with ICE cars in the decades to come

Until our generation is around - not sure if it will go on for another one (just like clocks have practically cratered as a category in the last 20 or so years)...

But like other car companies Porsche needs to be a viable business concern. Without electric this will not work in the automotive industry, whether one likes it or not. Even much smaller brands like Ferrari will bring out fully electric cars shortly, so i... 

In terms of torque vectoring, control, pivoting, etc. go way beyond what was possible with even the most advanced ICE cars. It will take a little while for all of this to trickle down but they are far away from reducing driving pleasure. Of course one can... 

Ever thought of the Air Sapphire for the additional performance and space on offer? 😊🤷🏻‍♂️

Or maybe too neutral to engender much love 🤷🏻‍♂️ The brand is still very much an exotic proposition in Europe but certainly has me intrigued 😊

But I am old and therefore my thinking may not be relevant to now, when I was growing up in the late 70'-80's a Porsche was a relatively rare sight and inspired awe and desire at its beauty. They were real sports cars that not just anybody could jump behi... 

There is an important aspect to consider. For most of its existence Porsche has been a fairly marginal business proposition, often on the brink of viability. At the same time for a long time the volumes they produced were feasible as the complexity of the... 

Just glad I grew up when I did and it was in a world where I had a lot of adventures and fun, they may have been simpler times but they were great fun. Marc

I might have not fully enjoyed them but trying to catch up as best I can 😁😉🤞🏻

It used to be 90s-mid $150k usd for new 911s but it’s double in 20yrs. Not sure if the stock price decline is any indication of the list prices…I hope so, my wishful thinking 😅

The chip crisis shortage convinced car manufacturers that they could make another steep step but that was probably one too far. As for the stock price decline, the RoS has dropped from 18% to just above break even (some one time effects for sure), so that... 

For bringing back memories of the Honda Dax

There’s more Rolex watches than Toyota Corollas produced on the one hand, on the other hand it’s a Veblenian bauble with a lot less actual practical use or necessity than a car. And while both Porsche and Rolex can be considered luxury of sorts not the sa... 

It’s both a fascinating and depressing corner of the world to work in. My personal corner (after-sales and aftermarket service & diagnostics) was enough to keep me intrigued for 25+ years, send me traveling to dozens of countries and gave me the resources... 

And your experiences were amazing indeed! I still managed some interesting stuff during the twilight years but for people who entered recently it’s not a great place to be 🤷🏻‍♂️