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    Jul 12, 2007 8:35:02 AM

    Alex_997TT
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    100,000th Porsche 997 rolls off the line

    Source: Autocar



    Quote:

    The latest Porsche 911 isn't just quick on the road, it's quick out of the factory, too.

    After just over three years of production, the 100,000th 997-model 911 has rolled off the line at Porsche's Zuffenhausen factory.

    That makes the 997 the fastest-selling 911 in Porsche's history.

    The record car is a Carrera S manual in classic Guards Red, and will be heading to a customer in the Frankfurt area.


    Jul 12, 2007 8:57:37 AM

    easy_rider911
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    Reply to: Alex_997TT

    Re: 100,000th Porsche 997 rolls off the line

    Great stuff.

    Now I suppose we should expect some inane comments from nberry criticising it for being mass-produced and about the car not being special or exclusive enough.

    Jul 12, 2007 9:03:25 AM

    Jeannot
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    Reply to: easy_rider911

    Re: 100,000th Porsche 997 rolls off the line

    This is impressive...Now Porsche, please use some of that money to go back to proper racing!!! :-)

    Jul 12, 2007 9:23:31 AM

    easy_rider911
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    Reply to: Jeannot

    Re: 100,000th Porsche 997 rolls off the line

    +1

    Jul 12, 2007 11:34:55 AM

    Alex_997TT
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    Reply to: Jeannot

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    Jeannot said:
    This is impressive...Now Porsche, please use some of that money to go back to proper racing!!! :-)



    Nope, all money probably going into paying off interest on massive bank loans for buying up VW!!

    Jul 12, 2007 11:37:41 AM

    Alex_997TT
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    Reply to: Alex_997TT

    Re: 100,000th Porsche 997 rolls off the line

    Porsche borrows 10 billion euros to pay for Volkswagen stake

    Source: Detroit News

    Quote:

    Porsche AG, maker of the 911 sports car, borrowed $13.7 billion from 37 lenders to finance its purchase of Volkswagen AG shares, a banker involved in the transaction told Bloomberg News.

    Porsche cut the loan from as much as 35 billion euros after Volkswagen shareholders tendered less than 1 percent of their stock to the Stuttgart, Germany-based company. Porsche offered shareholders the lowest amount allowed under German law after its holding in Volkswagen, Europe's largest carmaker, breached the 30 percent threshold that forces a takeover offer.

    Porsche will pay interest of 20 basis points more than the euro interbank offered rate for the loan, which matures in a year, the banker said. The carmaker offered to pay as much as 47.5 basis points if it borrowed the maximum 35 billion euros.

    Jul 12, 2007 11:40:26 AM

    Alex_997TT
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    Reply to: Alex_997TT

    Re: 100,000th Porsche 997 rolls off the line

    Just think how good our cars would actually be if all the Porsche profits went back into Research and Development!!

    Jul 12, 2007 12:03:54 PM

    WR
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    Reply to: Alex_997TT

    Re: 100,000th Porsche 997 rolls off the line

    it is such a great number consider Porsche factory only prodcue 167 units of 911 per day...; 100,000 divided by 167 would be 599 production days.

    Jul 12, 2007 3:14:48 PM

    MMD
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    Reply to: WR

    Re: 100,000th Porsche 997 rolls off the line

    Niiiice. Congratulations Porsche! Maybe the facelift will be postponed if they keep selling so well.

    Jul 12, 2007 3:35:07 PM

    palenimbus
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    Reply to: MMD

    Re: 100,000th Porsche 997 rolls off the line

    I don't understand why everybody is so happy. The best Porsches ever made were when Porsche the company was not raking in the profits. Since the 996 when Porsche went mainstream, introduced wet sump, crappy leaky engines in the lower models, the Cayenne, cars bloated like pigs the profit machine really started going.

    Jul 12, 2007 3:42:45 PM

    MMD
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    Reply to: palenimbus

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    palenimbus said:
    I don't understand why everybody is so happy. [edited]Since the 996 when Porsche went mainstream, introduced wet sump, crappy leaky engines [edited]



    I'm happy because more cars means more wrecks in salvage yards; will make future parts acquistions easier.

    Jul 12, 2007 4:22:00 PM

    easy_rider911
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    Reply to: MMD

    Re: 100,000th Porsche 997 rolls off the line

    More mass-production irons out production defects. A bigger customer base means design flaws get ironed out too from negative customer feedback.

    Jul 12, 2007 4:34:41 PM

    MMD
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    Reply to: easy_rider911

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    easy_rider911 said:
    More mass-production irons out production defects. A bigger customer base means design flaws get ironed out too from negative customer feedback.



    Yeah, excellent point, all that money is going to get spread around: hopefully a decent amount into R&D for making even more reliable cars.

    Jul 12, 2007 5:26:25 PM

    SrfCity
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    Reply to: MMD

    Re: 100,000th Porsche 997 rolls off the line

    When can I get my 1/100,000 dash badge?

    Jul 12, 2007 7:42:58 PM

    Jim48
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    Reply to: easy_rider911

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    easy_rider911 said:
    Great stuff.

    Now I suppose we should expect some inane comments from nberry criticising it for being mass-produced and about the car not being special or exclusive enough.



    Unlike the Ferrari, you can drive the Porsche daily, experience incredible performance and not have an umbilical cord tied to a mechanic. That is why Porsche settled on this market segment. Given the performance of the 997, it shouldn't be surprising that it has sold so many in so short a time.

    Jim

    Jul 12, 2007 7:52:51 PM

    tocho1
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    Reply to: Jim48

    Re: 100,000th Porsche 997 rolls off the line

    So Porsche (997) 911s recently won the 24hrs du Mans and the 24hrs of Nuburgring...but they have to go back to "proper racing"?? What is that?. And who cares about how many cars they make as long as they are as good as the 997? Want an investment, buy Porsche stock, not cars.

    Jul 12, 2007 10:03:40 PM

    Circe
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    Reply to: SrfCity

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    SrfCity said:
    When can I get my 1/100,000 dash badge?



    Excellent! A badge to display our exclusivity.

    Jul 12, 2007 10:50:44 PM

    nberry Offline
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    Reply to: Alex_997TT

    Re: 100,000th Porsche 997 rolls off the line

    hehehe. Porsche you never let me down.

    Keep cranking those suckers out while your loyal followers slip and slid down the slop of depreciation the likes of which that has never seen before in a Porsche model. Yea I know, cars are not an investment and all I care about is performance blah blah blah.

    I love it!!!!

    Jul 12, 2007 11:01:23 PM

    Greentree
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    Reply to: Circe

    Re: 100,000th Porsche 997 rolls off the line

    Well, I'm glad, but it makes me feel kind of down, too.

    Glad because the company is doing great and not swimming in red ink. Down because Porsches are getting to be pretty common on the roadway. Since buying my 997 in January, I've had exactly one other 997 blink his lights at me. I guess the other Porsche drivers just wonder, "What does he want"?

    Jul 12, 2007 11:32:30 PM

    Circe
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    Reply to: SrfCity

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    SrfCity said:
    When can I get my 1/100,000 dash badge?



    LMAO! That badge will certainly guarantee exclusivity!

    Jul 13, 2007 5:21:16 AM

    SVNSVN
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    Reply to: tocho1

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    tocho1 said:
    So Porsche (997) 911s recently won the 24hrs du Mans and the 24hrs of Nuburgring...but they have to go back to "proper racing"?? What is that?. And who cares about how many cars they make as long as they are as good as the 997? Want an investment, buy Porsche stock, not cars.



    Exactly!

    And I primarily care about my family/friends and my enjoyment of the car- everything else is a very distant second in importance.

    Good points by Easy too!

    Jul 13, 2007 7:00:39 AM

    dreamcar
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    Reply to: nberry

    Re: 100,000th Porsche 997 rolls off the line

    Quote:
    nberry said:
    Keep cranking those suckers out while your loyal followers slip and slid down the slop of depreciation the likes of which that has never seen before in a Porsche model.



    Hell! That means Porsche depreciation is nearly as expensive as Ferrari maintenance? Yikes!

    Jul 13, 2007 7:27:29 AM

    SciFrog Offline
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    Reply to: dreamcar

    Re: 100,000th Porsche 997 rolls off the line

    My 996 C4 cab highly optionned out only lost 40% after 4 years+. It is the least depreciation I have gotten on any car. Please stop saying they depreciate a lot, they don't. Ferrari is the only exception, but guess what, you can't get one so Ferrari depreciation is absolutely irrelevant to most of us. And if you pay market prices, they will depreciate more than Porsches.
     
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