Porsche’s profit machine, already humming, just shifted up.
The Volkswagen AG brand delivered 238,000 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 vehicle, up 9 percent.
In short, every time Porsche sells a 911 sports car or one of its Cayenne crossovers, it could take the profit alone and go buy a brand new Chevy Cruze.
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