1983 Porsche 911 Cabriolet on 2040-cars

Auto blog

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.

Porsche Panamera Sport Turismo returns in these spy shots

Way back in 2012, Porsche got enthusiasts all hot and bothered with the Panamera Sport Turismo at the Paris Motor Show. The concept imagined a hybrid wagon with a shapely rear end. Porsche said at the time production was "possible," but these spy shots indicate the vehicle is actually under development now. Take a close look through the gallery and you'll see that this test car sports some light camouflage at the back, but it does nothing to hide the new rump. Compared to the sedan, the longer roof looks to provide extra headroom for rear passengers, along with a few extra cubes of cargo space. The rear glass sits more upright, and a spoiler visually lengthens the five-door. The wagon's front end is identical to other recent spy shots of the future Panamera. We don't have any technical details about the wagon, but it would likely share powertrains with the sedan. The cabin layout would probably also be identical, including touch-capacitive controls to replace traditional buttons. A Panamera wagon makes sense in the Porsche range. The long-roof version would offer all of the sedan's performance but have a little more room. If a customer with a family doesn't want a Cayenne, this would be the obvious alternative, and the massive 911 range shows Porsche isn't afraid to build a bevy of model variants. If you think a Panamera station wagon seems odd, just remember people thought a Porsche SUV was weird, too. And, of course, that move turned into a huge success for the company. Related Video:

World's largest toy car collection is in Beirut, and it's remarkable

It's common for auto enthusiasts to have a few miniatures of their favorite cars around their home or office. They provide a respite of happiness knowing that if you can't have the real things, at least you can look at them in miniature. However, Billy Karam of Beirut, Lebanon, has taken collecting toy cars to its extreme. His collection of over 30,000 model cars and 400 dioramas is certified by the Guinness Book of World Records as the world's largest collection of car toys. "You cannot buy the big ones, so you buy a thousand of the small ones instead," says Karam in the video. Karam is a former amateur racing driver with a weakness for all things Porsche, and many of his dioramas depict races that he drove in or attended. Looking at them gives him a chance to relive the experiences again, but unlike a photo or video, they are right there in three dimensions. Scroll down to watch this astounding Cool Hunting video narrated by the collection's captivating owner. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Cool Hunting Video: World's Largest Toy Car Collection from Cool Hunting on Vimeo. News Source: Cool Hunting via VimeoTip: Reilly Toys/Games Porsche Videos Guinness World Records diecast toy car car collection