When it comes to automakers making a profit, Porsche's a mean machine. Just how much does Porsche make from every car sold? Find out below.
Take the Volkswagen AG brand for example. The brand delivered 238,000 of its vehicles last year. They made an operating profit of $4.1 billion, 14% higher from its profit in 2015.
Those numbers add up to about $17,250 a car. This is how much operating profit Porsche gets from each car sold. To put it simply, every time the company sells a 911 sports car or one of its Cayenne SUVs. The profit alone could buy a brand new car, too. Porsche's peers and rivals don't make as much profit.
According to reports, Daimler AG took home approximately $5,000 per vehicle sold last year. The same can be said for Bayerische Motoren Werke AG (BMW).
However, the profit Porsche takes home is completely reasonable.After all, Porsche doesn't make cheap cars. Event other luxury brands like Mercedes occasionally offer more pedestrian versions at narrower margins to accommodate its family demographic.
Despite that, several critics claim that Porsche isn't that valuable anymore. In a recent report by Bloomberg, the website wrote:
Porsche isn't that precious anymore. In terms of product, by now it's about one-tenth the size of BMW, and in the past three years has boosted its annual output by 47 percent. That ramp-up comprises the company's new 911 GT3 sports car, which commands $144,000 and up. Plus, the company's profit spike has coincided with the launch of its most affordable model. Hitting dealerships in 2014, the Macan SUV now accounts for roughly 40 percent of Porsche sales.
Ferrari, on the other hand, makes an operating profit which equates to almost $90,000 per vehicle. However, about 30 percent of the company's business comes from engines, amusement parks, key chains and etcetera.
Ferrari also only makes about 8,000 cars each year. This is a great strategy, scrimping on supply to keep the prices high.
Which automaker makes the most money? Let us know your thoughts in the comment section below.