Porsche pockets a whopping $17,250 profit on every car
Monday, March 20, 2017, 10:59 PM
German automobile manufacturer Porsche’s profit machine, already humming, just shifted up. The Volkswagen AG brand delivered 238,000 of its sinuous vehicles last year and posted an operating profit of 3.9 billion euros ($4.1 billion), up 14 percent from 2015. Put those numbers together and it’s on pace to net about $17,250 a car, up 9 percent.