Porsche's announced its annual figures, revealing results that most carmakers would give their right arms for.
Pre-tax profits are up to €2.11 billion ($2.81 billion USD)from €1.238 billion ($1.65 billion USD), and after taxes it's still €1.393 billion (1.85 billion USD), almost doubling the previous year's income. And the company's still got almost €2 billion ($2.66 billion USD) cash in the bank, despite buying almost 30 per cent of VW.
For the future, Porsche said that: "Even Porsche faces restrictions ... in the world today. However, Porsche will not in any way deviate from the Company's clearly profit-oriented – and not volume-oriented – business policy.
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Full 2006 LA Auto Show photos (click the link below)
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