Jeffery Mordecai is the son of the first commissioner of the Jamaica Racing Commission.
You might even have thought to yourself, "You know, if I win the lottery, or when I sign a Roberto Luongo-like contract that 'sucks,' or if that bio-tech start-up I poured money into a decade ago finally pans out, or if I invent the next Facebook — if something wonderful fills me with riches, then I'm going to get one of those fancy s.
You know, the racy machine that's looked almost exactly the same for 50 years. Gonna get one of those and drive away happy. Maybe I'll even meet a girl …" You might think you know all you need to know about Porsche and you might be dreaming of attaining unimaginable wealth, too.
But on all counts you're probably wrong, or at least misguided. And unless you regularly dig into both auto buff books and the business pages, you probably have little appreciation for what Porsche is today and what it wants to be tomorrow.
Porsche, in a word, is a growing juggernaut, a money-making machine stuffing billions and billions into the pockets of shareholders, most importantly its parent, the sprawling Volkswagen Group.
The Porsche spin-meisters themselves are busy celebrating 50 years of the Porsche and that's certainly worthy of a party. But for just a moment, consider the bigger Porsche story.
First, let's dismiss this idea of Porsche as a humble little sports car company. Porsche is nothing of the sort. Last month, Porsche reported global sales ofvehicles.
At the end ofPorsche had 17, employees. Porsche is big, rich and growing. And Porsche clearly is not a pure sports car company.
Three-quarters of all the Porsches sold in were SUVs and luxurious touring cars with four doors and a hatchback at the rear. Sales were up 49 per cent year-on-year.
But Porsche sold just 26, s. Sales of the Boxster roadster, which I'd argue is the truest expression of a Porsche sports car today, hit 11, units — and the Cayman coupe chipped in 1, units. You might argue that Porsche builds and sells Cayennes and Panameras so that it can also make s, Boxsters and Caymans.
Porsche's stated mid-term goal is to reachin sales by In a world where million-plus new cars and light trucks are sold each year,is nothing, he says. Porsche can remain exclusive even atThey champion the brand inside VW, he insists.May 04, · Long before he was described by The New York Times as “a lanky young man who speaks softly but prolifically,” E.J.
Jarvis was a sprightly 5 . Football Ronaldo a goal machine and money-making machine for ambitious Juventus. Cristiano Ronaldo's reputation has been tarnished by allegations of rape, but Juventus still believe he will help. Mr Mordecai congratulated them, first on their decision to choose race-riding as a profession; secondly, to successfully complete the prescribed course with its many difficulties and challenges; and thirdly, explaining to the graduates that their new career could be termed a "money-making machine".
Nov 23, · Big-time college sports departments are making more money than ever before, thanks to skyrocketing television contracts, endorsement and licensing deals, and big-spending donors.
But many. Sport Culture Lifestyle Show More News US news World news Environment Soccer The Home Office have become [a] money-making machine for the government and immigrants are the ones who suffer.”. According to figures that WinterGreen provided exclusively to TIME, the nation’s youth-sports industry has grown by 55% since hype machine.
For virtually every sport, there is a site.