Porsche Makes A Profit Of Rs 12 Lakh Per Car — Ferrari's Benefits Are Something Else Altogether

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The Volkswagen Group turned profitable in 2016 after a challenging year in 2015. And a good amount of its success can be credited to Porsche, which sold 238,000 vehicles in 2016 and reported an operating profit of $4.1 billion, up by 14 percent compared to 2015.

Based on these figures, Porsche is on a path to pocket $17,250 (approx. Rs 12 lakh) from each car it sells, Bloomberg reports. This figure puts Porsche ahead of Daimler and BMW, which made roughly $5,000 (approx. Rs 3.26 lakh) per vehicle in 2016.

Much of the higher profits for Porsche has come from a significant rise in its production volume. The company has boosted its annual output by 47 percent over the past three years; this makes it about a tenth of the size of BMW.

If Porsche's numbers are shining, then Ferrari‘s are glowing, working on the similarly applied formula.

The report said that the Ferrari's operating profit sums up to around US$90k (approx. Rs 58 lakh) per car, although it adds that the automaker sells just around 8,000 units per year.

Also, around 30 percent of Ferrari's earnings comes from other fields such as amusement parks, accessories and engines.

Ferrari has unveiled the 812 Superfast, below is an extensive photo gallery, click to view.

Read more on: #porsche #ferrari
Story first published: Tuesday, March 21, 2017, 17:53 [IST]
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