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    August '09 numbers are in

    August_09.jpg


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    Happy Driving

    Re: August '09 numbers are in

     Great, thanks for posting. Things start to brighten up, at least compared to the beginning of the crisis!


    Re: August '09 numbers are in

    Porsche Spain +24%


    Re: August '09 numbers are in

    Eunice:

     Great, thanks for posting. Things start to brighten up, at least compared to the beginning of the crisis!

    No Eunice, those are artificial sales numbers.

    America released a 1-month government stimulus package package last month that subsidized new car purchases by as much as $4,500 if you traded in your old fuel inefficient vehicle.

    They called it " Cash For Clunker" put a lot of companies in the GREEN for the first time in over a year.

    But it's only a temporary bump since the program has ended and our unemployment rate is nearly 10%. They'll all be back in the red later this month.

    Ironically, the biggest winners were TWO FOREIGN COMPANIES - Honda and Toyota, which kind of defeats the purpose of Cash for Clunkers to restimulate the economy since that money is going right back out the door to Japan ultimately.
     


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    ...the only thing stopping you in all likelihood, is you!


    Re: August '09 numbers are in

    We had a similar program in Germany too (long before the U.S.), and almost all of the money went into small cars, mostly from Japan. 

    Nobody buys a Porsche and trades in a car for $4500. The numbers might be worse without cash for clunkers, but not for every car maker.


    Re: August '09 numbers are in

    Interesting info.  I'm pleased (and a bit surprised) to see Porsche's numbers are higher than I would have expected.  The 1.9% financing being offerered in the States has surely helped to a degree.


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    2009 Porsche Turbo Cab - Cargraphic exhaust, HRE P40's charcoal

     


    Re: August '09 numbers are in

    Eunice:

    We had a similar program in Germany too (long before the U.S.), and almost all of the money went into small cars, mostly from Japan. 

    Nobody buys a Porsche and trades in a car for $4500. The numbers might be worse without cash for clunkers, but not for every car maker.

    The winner was Dacia (Romanian Renault) if I am not wrong?


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    It's not where you're going, it's how you get there that counts

    Re: August '09 numbers are in

    how many of those p cars are new vs certified pre-owned?  porsche is running a buy back program here in northern california, taking used cars and selling em as certified pre owned, because no one is buying new cars.


     
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