3 ms·

Toyota and VW (e.g. Porsche) go back and forth every few years as to which is the biggest/richest.

by _yb2s 3y ago

FirmwareBurner 3y ago
VW is a mass market brand in the same league as Toyota. Which si why I specifically restricted Porsche, and not the whole group of VW.
- PaulHoule 3y ago
  If Porsche is relying on technology developed by VW then the profit numbers they post are inflated.
  - FirmwareBurner 3y ago
    Luxury/performance car brands like Porsche, Lambo, Ferrari, Rolls, Bentley, etc. can't exist stand alone, they just wouldn't be profitable enough if they had to develop everything in house. Hence why most of them brushed with bankruptcy and had to be bought out by bigger conglomerates that give them access to the supply chains and economies of scale the likes of VW or Fiat enable. It's how the famous Swedish SAAB went bankrupt. They were spending most of their budget on developing a decent media infotainment unit, instead of using a terrible already developed one form the GM parent company.
- _yb2s 3y ago
  kind-of... When Ferdinand Piëch ran VW he turned it into a high end brand from the late 90s until 2010 or so, with quality actually higher than high end luxury brands at the time and some crazy high end models like the V10 twin turbo Touareg, and the W12 Phaeton. Even the Bugatti Veyron supercar, the fastest street legal car in the world at the time, was initially planned to be released as a VW model. Weirdly, VW was selling higher end models than the affiliated Audi/Porsche brands for a while. A spec'd out VW from that time period makes a high end BMW or Mercedes from that era feel really cheap. Even the cheaper models like the Beetle and Golf felt really high quality compared to just about any other car at the time. Customers couldn't really bring themselves to pay the high end luxury prices VW was charging for something with a VW badge, so they went back to making low end cars... the current VW lineup are again all pretty low end cars.

Toyota and VW (e.g. Porsche) go back and forth every few years as to which is the biggest/richest.

by _yb2s 3y ago

Toyota and VW (e.g. Porsche) go back and forth every few years as to which is the biggest/richest.

VW is a mass market brand in the same league as Toyota. Which si why I specifically restricted Porsche, and not the whole group of VW.

PaulHoule 3y ago
If Porsche is relying on technology developed by VW then the profit numbers they post are inflated.
- FirmwareBurner 3y ago
  Luxury/performance car brands like Porsche, Lambo, Ferrari, Rolls, Bentley, etc. can't exist stand alone, they just wouldn't be profitable enough if they had to develop everything in house. Hence why most of them brushed with bankruptcy and had to be bought out by bigger conglomerates that give them access to the supply chains and economies of scale the likes of VW or Fiat enable. It's how the famous Swedish SAAB went bankrupt. They were spending most of their budget on developing a decent media infotainment unit, instead of using a terrible already developed one form the GM parent company.
_yb2s 3y ago
kind-of... When Ferdinand Piëch ran VW he turned it into a high end brand from the late 90s until 2010 or so, with quality actually higher than high end luxury brands at the time and some crazy high end models like the V10 twin turbo Touareg, and the W12 Phaeton. Even the Bugatti Veyron supercar, the fastest street legal car in the world at the time, was initially planned to be released as a VW model. Weirdly, VW was selling higher end models than the affiliated Audi/Porsche brands for a while. A spec'd out VW from that time period makes a high end BMW or Mercedes from that era feel really cheap. Even the cheaper models like the Beetle and Golf felt really high quality compared to just about any other car at the time. Customers couldn't really bring themselves to pay the high end luxury prices VW was charging for something with a VW badge, so they went back to making low end cars... the current VW lineup are again all pretty low end cars.