Bye bye Stuttgart Auto/Eurokars. Looks like Porsche Asia Pacific is about to set up their own team and a new Porsche Centre.

[inlinesix]

22 minutes ago, ER-3682 said:

Or maybe Eurokars now also sell McLaren,make Porsche fed Up.?

Porsche and Mc different segments.

Porsche AD only sell and service car.

RSA under Porsche APAC

[Saint888]

@ER-3682 sell Porsche with lousy service in this little red dot needs build what market?

[Beanoyip]

Most impt, the price of porsche got drop?🤔

[ER-3682]

10 minutes ago, Beanoyip said:

Most impt, the price of porsche got drop?🤔

Price of VW got drop after VCS took over from Peter Kwee in 2002.?Porsche too jealous Karsono Kwee earn too much Money.

Edited September 14, 2022 by ER-3682

[shrjun]

4 minutes ago, ER-3682 said:

Price of VW got drop after VCS took over from Peter Kwee in 2002.?Porsche too jealous Karsono Kwee earn too much Money.

This must be one of the smallest markets ever. . I doubt VW or Porsche is too concerned about who earns money.

[ER-3682]

3 minutes ago, shrjun said:

This must be one of the smallest markets ever. . I doubt VW or Porsche is too concerned about who earns money.

Smallest Market,but biggest Profit per Car...imagine a Mecan S Profit nearly $60-70K Profit.

[inlinesix]

57 minutes ago, ER-3682 said:

Smallest Market,but biggest Profit per Car...imagine a Mecan S Profit nearly $60-70K Profit.

That’s share btw AD and Importer.

 

[ER-3682]

1 hour ago, inlinesix said:

That’s share btw AD and Importer.

 

Share 50% better or earn wholly 100% better.?

[Vratenza]

I support which ever distribution set up as long as it means a fairer deal for us as consumer and cutting out the middleman when they do not value add to the car ownership journey.

 

[inlinesix]

16 minutes ago, ER-3682 said:

Share 50% better or earn wholly 100% better.?

Unless there is increase in sales volume, profitability may not increase substantially.

 

[shrjun]

47 minutes ago, ER-3682 said:

Share 50% better or earn wholly 100% better.?

Must be a few people eating that pie . Unlikely to be 50 : 50

and hence unlikely to be 100 : 0

 

Doubt the consumer really cares about who ultimately sells  the car whether its Eurekars for Porsche or PML for BMW.

I personally don't . If I did I wouldn't have bought my car with the kind of SE they put up to me. Wears high heels for god only knows what reason but doesn't have a clue about what she sells . 

 

The cars sell themselves 😉. The brands are strong enough on their own.

These are not Myvi or Peugeot .

Edited September 15, 2022 by shrjun

[inlinesix]

10 minutes ago, shrjun said:

Must be a few people eating that pie . Unlikely to be 50 : 50

and hence unlikely to be 100 : 0

Doubt the consumer really cares about who ultimately sells  the car whether its Eurekars for Porsche or PML for BMW.

I personally don't . If I did I wouldn't have bought my car with the kind of SE they put up to me. Wears high heels for god only knows what reason but doesn't have a clue about what she sells . 

The cars sell themselves 😉. The brands are strong enough on their own.

These are not Myvi or Peugeot .

In Sg, unlikely to get good service unless UHNW.

It is either AD or PI.

[Watwheels]

But how many Porsche cars are sold each year? I always thought their salesman are semi-retired lao unker/auntie type.

Edited September 15, 2022 by Watwheels

[inlinesix]

1 hour ago, Watwheels said:

But how many Porsche cars are sold each year? I always thought their salesman are semi-retired lao unker/auntie type.

6 mths almost 500

Toyota 6 mths 3.5k

Edited September 15, 2022 by inlinesix

[Vratenza]

5 hours ago, inlinesix said:

6 mths almost 500

Toyota 6 mths 3.5k

Total profit for Eurokar and Borneo probably the same but Porsche SE probably do less transaction yet take home more. 

Just like real estate agents handling HDB vs GCB... 

Edited September 15, 2022 by Vratenza

[107fan]

13 hours ago, shrjun said:

Must be a few people eating that pie . Unlikely to be 50 : 50

and hence unlikely to be 100 : 0

 

Doubt the consumer really cares about who ultimately sells  the car whether its Eurekars for Porsche or PML for BMW.

I personally don't . If I did I wouldn't have bought my car with the kind of SE they put up to me. Wears high heels for god only knows what reason but doesn't have a clue about what she sells . 

 

The cars sell themselves 😉. The brands are strong enough on their own.

These are not Myvi or Peugeot .

Wear high heels for u la of course

 

 

[Mockngbrd]

18 hours ago, Watwheels said:

But how many Porsche cars are sold each year? I always thought their salesman are semi-retired lao unker/auntie type.

They sell as much as they are allocated. Even got waitlist. 

Rolls Royce also sold out entire allocation for 2022/2023 liao. 

Edited September 16, 2022 by Mockngbrd

[DOBIEMKZ]

Porsche IPO Approval Could Happen Soon, Offering 911 Million Shares: Report

The automaker's value is allegedly between $70 billion and $80 billion.

https://www.motor1.com/news/610587/porsche-ipo-could-be-approved-soon-offering-911-million-shares/?fbclid=IwAR2QzW7VtoSpOhIH9neOgKKSnZKwfVah6NC4R1TIt-ghmJOAacpDRaRjMyI

Sep 15, 2022 at 1:56pm ET   By: Chris Bruce

The Porsche initial public offering is moving ahead. The Volkswagen supervisory board could sign off on it as soon as Sunday, September 18, according to sources speaking to Reuters.

As a reference to the automaker's most famous model, Porsche allegedly plans to have 911 million shares in the company. However, only half of them would be on on the Frankfurt Stock Exchange. Porsche SE, which is a holding company for investments, intends to buy 25 percent of the available stock. This leaves 25 percent of the automaker available to investors.

If the VW board approves the IPO on Sunday, then the stock prospectus could be available as soon as Monday. This would let institutional and private investors subscribe to the stock, meaning they are guaranteed shares before trading begins.

One of the sources speaking to Reuters says Porsche expects the company is worth between €70 billion and €80 billion euros (between $70 billion and $80 billion at current exchange rates). An HSBC analyst estimates a far lower figure of €44.5 billion to €56.9 billion ($44.5 billion to $56.9 billion).

When it officially announced the IPO, Porsche estimated the process would be complete by the end of September or the beginning of October. Offering the stock meant "increased entrepreneurial independence," according to the automaker's statement.

"This is a historic moment for Porsche. We believe an IPO would open up a new chapter for us with increased independence as one of the world's most successful sports car manufacturers," said Porsche Chairman Oliver Blume.

Porsche intends the stock to have a dividend payout ratio of 50 percent. This figure refers to the dividends paid to shareholders in relation to a company's net income.

Porsche has big investments planned to achieve a goal of over 80 percent of its vehicle deliveries being EVs in 2030. The Macan EV is among those new products and should have an unveiling before the end of the year. An electric Panamera is in the early stages of development as an offering to sit above the Taycan. A seven-seat SUV has a spot in the future lineup, too.

===============

Porsche IPO to comprise 911 million shares in nod to its most famous model

https://www.reuters.com/markets/europe/porsche-ipo-comprise-911-million-shares-nod-its-most-famous-model-2022-09-15/

September 16, 2022    3:34 AM GMT+8

Edited September 16, 2022 by DOBIEMKZ