Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    VWVortex


    Page 10 of 13 FirstFirst ... 678910111213 LastLast
    Results 226 to 250 of 321

    Thread: Phaeton Sales

    1. Member
      Join Date
      Mar 15th, 2000
      Location
      Dallas
      Posts
      1,047
      Vehicles
      2004 W12- Premier Edition, 1990 Porsche S2, 2009 Genesis V8
      11-07-2008 11:51 AM #226
      VW is doing quite well financially, and made substantial profit in the last fiscal year. So, why would anyone even think of major change.

    2. 11-07-2008 02:00 PM #227
      Bentley sales are tanking in the UK. The Bentley dealer in Exeter, covering the whole south west peninsula, just went bust. Had not sold a single new car in 3 months. That's right - not one, in the whole quarter.
      There's a very cold wind blowing in the UK at the moment !

    3. Member plastech's Avatar
      Join Date
      May 3rd, 2006
      Location
      St Helens
      Posts
      949
      Vehicles
      3.0 Tdi & Kawasaki Eliminator
      11-07-2008 02:08 PM #228
      On Tuesday Bentley motors made 300 workers redundant

    4. Member Aristoteles's Avatar
      Join Date
      Sep 21st, 2007
      Posts
      330
      Vehicles
      2007 VW Phaeton Tdi
      11-08-2008 06:11 PM #229
      Trouble is we're in entirely new territory. Something happened on 15th September that changed everything: Lehman Brothers bank was thrown to the wolves, opening a financial black hole that will take years to evaporate, if ever it does. The coming recession must engulf numerous large motor manufacturers (one US, one French, two or three from the Far East; none of the Germans imo). Inevitably some worthwhile model lines will disappear from the surviving manufacturers. I hope the Phaeton is miraculously spared because the more I drive other cars, the more I admire this one. I can't see BMW abandoning the 7 series nor Mercedes the S Class (although the absurd Maybach will perhaps be allowed to fade out).
      I can see VW looking hard at the option of phasing out the Phaeton, but it shouldn't: instead, it should reposition it as the sensible plutocrat's limo (which it is) and leave the Bentley as the truly mad driver's car that it is.
      It's a real shame that the Exeter Bentley dealership went down but sadly, we'll see some of the big dealer chains disappear from January with only the best financed surviving through 2009. Again, in my opinion.

    5. 11-23-2008 01:55 PM #230
      according to this (german) article
      http://www.produktion.de/news/detail/29904
      volkswagen reached in 2008's 3rd quarter a higher profit than toyota !

    6. Member
      Join Date
      Jan 16th, 2006
      Location
      Coral Gables, FL
      Posts
      908
      Vehicles
      2004 VW P W12 LWB, 2006 VW T V8 OP5, 2008 smart FT i3 Cabrio
      11-23-2008 02:33 PM #231
      Quote, originally posted by Aristoteles »
      opening a financial black hole that will take years to evaporate, if ever it does

      Come on, if ever it does?. It's not like there have never been recessions before, and furthermore, so far, this is a rather mild one (at least in the U.S.), if you obviate the screaming media's "the sky is falling" chicken littleness.
      SOLD. Our Premiere Edition Phaeton 2004 with 57,500 miles and with Extended Warranty thru year-end 2014 has been sold.
      Thank you all who were interested.

    7. Member Aristoteles's Avatar
      Join Date
      Sep 21st, 2007
      Posts
      330
      Vehicles
      2007 VW Phaeton Tdi
      11-23-2008 02:43 PM #232
      Dear me. The citizens of Pompeii watched Vesuvius erupting for several days, saying: Well, at least the sky isn't falling down!

    8. Moderator Prince Ludwig's Avatar
      Join Date
      Mar 23rd, 2007
      Location
      London, UK
      Posts
      1,786
      Vehicles
      2005 Phaeton V6 TDI, 2003 Mercedes CL55K, 2002 Passat W8
      11-23-2008 03:46 PM #233
      Quote »
      This is a rather mild one (at least in the U.S.)

      Blimey, I think I've just found the definition of optimism - Lehmans gone, AIG gone, Fannie Mae nationalised, Citi imploding and cutting 54,000 jobs, Goldmans' shares dropping, Ford & GM on the verge of bankruptcy and the 'Paulson Plan' being changed at the drop of a hat but it's still quite mild!
      My prediction is for the FTSE to hit about 3,300 at its nadir and for the recovery to take about 2 to3 years...
      Harry

    9. Member Aristoteles's Avatar
      Join Date
      Sep 21st, 2007
      Posts
      330
      Vehicles
      2007 VW Phaeton Tdi
      11-23-2008 05:47 PM #234
      But this profit came about largely though extraordinary stock market transactions in its own equity, linked to the struggle against Porsche's takeover manoeuvres. Same as with Porsche's own profits, which lead to Porsche being described as a hedge fund with a show room attached. VAG's capitalisation was larger than any other quoted company in the world for a few brief days. I'm sure the German-owned car manufacturers will all come through intact if slightly bruised. Don't write me off as a complete pessimist!

    10. 11-25-2008 09:19 AM #235
      VW today announced that more than 6.000 Phaeton will be sold this year, after 5.711 in 2007 and 5.024 in 2006.

    11. 12-05-2008 04:05 PM #236
      169 sales in november in germany, YTD 2.530.

    12. 01-14-2009 11:30 AM #237
      Germany: 427 sales in December.
      2008's final results in Germany:
      S-Class 8.077
      A8: 4.446
      BMW 7: 4.226
      Phaeton: 2.957
      Bentley: 463

      Jaguar XJ: 360
      Lexus LS: 292
      Maybach: 27
      Rolls Royce: 24

    13. Member Reflect's Avatar
      Join Date
      Apr 3rd, 2007
      Location
      Worcester mass
      Posts
      1,610
      Vehicles
      Phaeton 04, jetta 10, Audi Q5
      01-14-2009 07:32 PM #238
      thats good for the economy and stuff. 3,000 Phaeton in europe i should have no problem gettin an used 09 when i go to spain
      -RiCkY..

    14. Moderator Prince Ludwig's Avatar
      Join Date
      Mar 23rd, 2007
      Location
      London, UK
      Posts
      1,786
      Vehicles
      2005 Phaeton V6 TDI, 2003 Mercedes CL55K, 2002 Passat W8
      01-14-2009 07:48 PM #239
      It's always worth remembering that the Phaeton is a first generation product whereas all its major competitors have been through at least 2 iterations.

    15. Member Aristoteles's Avatar
      Join Date
      Sep 21st, 2007
      Posts
      330
      Vehicles
      2007 VW Phaeton Tdi
      01-15-2009 05:11 AM #240
      Quote, originally posted by thomas b. »
      VW today announced that more than 6.000 Phaeton will be sold this year, after 5.711 in 2007 and 5.024 in 2006.

      I guess that might be manufactured or registered. I suspect however most UK sales to the consumer are of pre-registered vehicles. But these are magnificent cars and I very much hope the Phaeton will weather the recession!
      Thomas - do you yet have the final global sales figures for 2008 - and can you give any breakdown between the various models?

    16. 01-16-2009 08:38 AM #241
      Quote, originally posted by Aristoteles »
      I guess that might be manufactured or registered. I suspect however most UK sales to the consumer are of pre-registered vehicles. But these are magnificent cars and I very much hope the Phaeton will weather the recession!
      Thomas - do you yet have the final global sales figures for 2008 - and can you give any breakdown between the various models?

      I'm sure the sales are nearly the 6.000 that were manufactured. As mentioned 2.957 were registered in Germany (2.572 of those were diesels, 20 % went to private owners, 80 % to companies including "one-man-companies" like achitects or lawyers, no further details available), 31 in the Netherlands, around 60 in Austria and maybe 50 in Switzerland etc. So Europe-sales should be around 4.000.
      Bentley sold 7.605 cars (-24,1 %), Bugatti 73 Veyron (-9,9 %) and Lamborghini 2.430 (+ 1 %). (worldwide)


      Modified by thomas b. at 5:40 AM 1-16-2009

    17. 01-16-2009 09:57 AM #242
      All indications seem to be that Porsche is still planning on releasing the 4dr Panamera as a 2010 model, so I don't see why there should be plans to stop producing Phaetons or Audi A8/S8 either.

    18. Moderator Prince Ludwig's Avatar
      Join Date
      Mar 23rd, 2007
      Location
      London, UK
      Posts
      1,786
      Vehicles
      2005 Phaeton V6 TDI, 2003 Mercedes CL55K, 2002 Passat W8
      01-16-2009 11:48 AM #243
      Quote »
      I don't see why there should be plans to stop producing Phaetons or Audi A8/S8 either

      Wee Wendelin Wiedeking has mentioned quite a few times that there will be no "sacred cows" at a Porsche-run VW. Given that he's openly criticised the Phaeton as a vanity project, I think it's quite clear what he's talking about...

    19. Member adamkodish's Avatar
      Join Date
      Mar 5th, 2006
      Location
      London, UK
      Posts
      755
      Vehicles
      2011 Audi A8 3.0 TDi; ex 2004 VW Phaeton V10 TDi
      01-16-2009 11:53 AM #244
      Do we know how Porsche raised the money to purchase the stake in VW?
      If they borrowed a lot of it, they could experience some problems of their own fairly soon.
      Member of Le Club 0P

    20. Member Aristoteles's Avatar
      Join Date
      Sep 21st, 2007
      Posts
      330
      Vehicles
      2007 VW Phaeton Tdi
      01-16-2009 12:48 PM #245
      Porsche acquired forward options on VW at an agreed price. Then they bought a lot of VW shares which ramped up the price at a time when all the hedge funds were shorting VW. Against all expectations (Porsche apart) VW shares suddenly went vertically up in price because there were almost no VW shares left for the hedge funds to deliver their forward promises. The hedgies were thus forced to buy VW at any price or renege on their contracts to deliver, and go belly up.
      At that point Porsche kindly released some of their huge VW share mountain to the desparate hedge funds and made a killing.
      Porsche then took delivery from the hedge fund of the shorts. In effect Porsche was selling its VW shares at a huge premium to the hedge funds who then had to deliver the same shares back to Porsche at a much lower price and took a big bath.
      Result: Porsche made a larger cash profit in 2008 from trading shares than its annual gross turnover. Hence its shares went up and up too. Porsche now holds 75% of VW and is sitting on a cash mountain. QED.
      It smacks of market manipulation but in Germany it's not illegal (yet).
      Anyone like to come in on this?

    21. 01-16-2009 03:52 PM #246
      Quote, originally posted by Aristoteles »
      Porsche acquired forward options on VW at an agreed price. Then they bought a lot of VW shares which ramped up the price at a time when all the hedge funds were shorting VW. Against all expectations (Porsche apart) VW shares suddenly went vertically up in price because there were almost no VW shares left for the hedge funds to deliver their forward promises. The hedgies were thus forced to buy VW at any price or renege on their contracts to deliver, and go belly up.
      At that point Porsche kindly released some of their huge VW share mountain to the desparate hedge funds and made a killing.
      Porsche then took delivery from the hedge fund of the shorts. In effect Porsche was selling its VW shares at a huge premium to the hedge funds who then had to deliver the same shares back to Porsche at a much lower price and took a big bath.

      That's exactly what happened.
      Quote, originally posted by Aristoteles »
      Result: Porsche made a larger cash profit in 2008 from trading shares than its annual gross turnover. Hence its shares went up and up too. Porsche now holds 75% of VW and is sitting on a cash mountain.

      Porsche's profit (8.57 bn €) in 2007/2008 was actually higher than their turnover (7.4 bn €). That has never happened before
      http://www.welt.de/welt_print/....html
      (german)
      What i read is that porsche right now owns 50,x % of the VW-shares and has options on further 24,x %.


      Modified by thomas b. at 12:53 PM 1-16-2009

    22. 02-07-2009 12:28 PM #247
      Jan 09:
      107 sales in Germany and 10 in the Netherlands

    23. 03-07-2009 06:03 AM #248
      Feb 09:
      267 sales in Germany and 7 in the Netherlands.
      German figures are:
      472 S-Class
      390 BMW 7
      267 Phaeton
      149 A8
      112 CLS
      18 Bentley
      2 RR
      1 Maybach
      and very few lexus and jaguars



      Modified by thomas b. at 3:04 AM 3-7-2009

    24. Member Highline's Avatar
      Join Date
      Mar 13th, 2003
      Location
      Dubai
      Posts
      2,001
      Vehicles
      2008, VW Passat V6 FSI 4Motion, Highline trim
      03-08-2009 07:03 PM #249
      What's up with the Audi A8?
      2008 VW Passat V6 FSI Highline. 3.2L V6 4MOTION, DSG, HID + Corner Lights, RNS-510 SAT NAV, 12-way Leather+Alcantara Sport seats, Massage function, (Parallel) Park Assist, Sport Suspensions + 18" wheels.

    25. 03-09-2009 03:55 PM #250
      Quote, originally posted by Highline »
      What's up with the Audi A8?

      Next generation is coming soon.

    Page 10 of 13 FirstFirst ... 678910111213 LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •