AUTO INDUSTRY: Porsche posts multi-million loss due to financial crisis

Auto Industry Porsche Posts Multi-million Loss - Politics, Business, Civil, History - Posted: 26th Nov, 2009 - 6:11am

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France Business - French Business
Post Date: 26th Nov, 2009 - 6:11am / Post ID: #

AUTO INDUSTRY: Porsche posts multi-million loss due to financial crisis

AUTO INDUSTRY: Porsche posts multi-million loss due to financial crisis
France Economy Local French Business Updates

The financial crisis proved costly for German luxury carmaker Porsche, whose sales figures from the 2008-2009 financial year mark a drop of nearly 25 percent. A failed bid to take over fellow German carmaker and rival Volkswagen added to the damage.
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