Posts Tagged ‘VW Group’

Porsche posts losses in the billions but still profitable, I don’t get it either

Whilst the last financial year has been turbulent for everyone, it is still surprising that Porsche has posted huge losses amounting to $6.6 billion in the financial year ending 31 July 2009. This could easily be dismissed as yet another recession casualty but remember that Porsche had record profits in their previous financial year. So [...]