Porsche - World s Most Profitable Carmaker in 2006

Bloomberg reports Porsche AG 911, $ 72400 sports cars, has inspired automobile manufacturers, over the past year & 39; in the world profitable. CEO Wendelin Wiedeking said, the result is even greater, because the Volkswagen Golf GT, a $ 15000 Hatchback. Wiedeking said, the report could not afford the luxury of the company& 39;s Auto-share exchange gains, & 39; increase in the participation of Porsche & 39; and the influence of & 39; for Europe transforming& 39;s largest automaker. Say analysts and investors, Porsche & quot; experience in the production & quot; thin, the profitable operation of Volkswagen AG, while businesses through the exchange & 39; save costs development. Sales of & 39; business and profit at Volkswagen, now in possession of 31% of Porsche, d & 39; already since the first tie-up, pulses Porsche more than double. Peter Br ndle, which would help to nearly 63 billion Swiss francs ($ 52 billion) and assets at Swisscanto Asset Management in Zurich, as well as actions in the two cars, said Porsche knows how to handle himself and is clearly to earn his participation At Volkswagen. Adam Jonas, an analyst at Morgan Stanley in London, forecasts, the benefits of Porsche can climb to more than 3 billion euros & 39;, which is equivalent to $ 4.1 billion & 39; euros in five years & 39; of 1.39 billion euros in the 12 months to July 2006, s & 39; is completed. It & 39; expected that the share of the company reached in 1650 euros & 39; a period of one year, compared to the closing price Thursday of 1330 euros. J rgen Meyer, which includes the management of nearly 1.3 billion euros over & 39; fortune SEB Asset Management in Frankfurt, including Volkswagen and Porsche, said that & 39; alliance between Volkswagen and Porsche is extremely Porsche important. Regarding the profitability of its weaknesses, the report indicated that this concern at Volkswagen, Porsche crimped growth, the luxury car manufacturer share drop to 10 percent on Sept. 26, 2005, one day after the Porsche & l 39; said, there would be greater participation in the Car. During the & 39; 2005, Wolfsburg, Germany-based Volkswagen operating margin was 3 percent, compared with 19 percent for Porsche in the last 12 months of July this year. Volkswagen extends margin of 4.3 percent in 2006, as new models like Eos and the & 39; Audi Q7 helped lift 10 per cent of the turnover & 39; affairs 5.72 million vehicles . Net profit more than doubled. Cost reduction at Volkswagen has already begun. Indeed, the & 39; former Chief Executive Bernd Pischetsrieder has laid off 20000 jobs. Andreas Dittmer, which includes the management of nearly 3.5 billion euros in & 39; facilities Apo Asset Management in Cologne, Germany, Volkswagen, said & quot; Volkswagen thin. & Quot; Porsche has the right, almost a third Volkswagen dividend, & 39; of 497 million euros in 2006. Wiedeking said, on June 26, as Porsche profit, it is really to increase substantially this year. And, thanks to Volkswagen. The German car manufacturer, the genius behind Volkswagen Golf drawbacks. kisha cristen



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