911 (992) [Official] Porsche 911 (992 Series)
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The Porsche 992 is the eighth generation of the Porsche 911. Predecessor: Porsche 911 (991). Production: 2018–
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According to Bloomberg, this is the most profitable car currently sold :
The most profitable car launched in the past year was not a Tesla. Nor was it some crazy hypercar.
It was the new Porsche 911.
The eighth generation of Porsche’s iconic car, known internally and to Porsche faithful as the 992, is more profitable, proportionately speaking, than any other vehicle that debuted in the past year. The model has accounted for nearly 30% of total Porsche AG earnings since it launched, even though it made up only 11% of sales, according to a recent report by Bloomberg Intelligence.
That percentage beats elite models such as the Ferrari F8 Tributo, Aston Martin DBX, Mercedes-Benz GLE, and BMW X5, each of which also punch above their weight when it comes to profit margins.
The F8 Tributo, for example, boasts a whopping 50% sales margin but contributes just 17% of total vehicle earnings at Ferrari. Aston Martin will sell an anticipated 4,500 units of its DBX in 2020, doubling sales volumes and singlehandedly accounting for 21% of total vehicle contribution there; it’s likely to push Aston Martin Ebitda margins to 30%, according to the report. As for the SUVs, the GLE, together with its GLS sibling, will account for 24% of earnings at Mercedes in 2020, from just 9% of total volume; the BMW X5 will account for 16% of auto earnings ,with just 7% of BMW’s volume.
All these models generate “a disproportionately high level of overall earnings,” says Michael Dean, automotive equity research analyst for Bloomberg Intelligence, speaking via phone from the Frankfurt Auto Show. But the recent next-generation introduction of the 911 in particular will enhance gains for the Volkswagen Group ‘s brand more.
“It’s a very simple calculation: The 911 is very profitable in its own form, and when you add the variations, the margins became immense,” Dean says, noting lucrative options such as ceramic brakes and turbocharging variants automakers use to increase base manufacturer's suggested retail prices without incurring much additional cost themselves. It also helps that the new model has a higher list price, $97,400, than does the already strongly profitable incumbent.
Beyond that, “the addition of the Turbo variant is basically pure profit,” says Dean. “If you assume they sell 10,000 Turbos anyway, plus GT3 and Turbo S’s, just the Turbo variants of the 911 alone could actually mean half a billion dollars in terms of profit for Porsche.”
With its biggest market in China and its upper-crust price bracket, Porsche should also remain unaffected by the woes currently affecting German automakers, says Dean. Car sales in Germany are at their lowest since 2010 as manufacturers Mercedes-Benz AG and Bayerische Motoren Werke AG face trade wars, slowing economies, and lingering pollution concerns intensified by Volkswagen’s 2015 diesel scandal.
“There’s no issue there,” he says. “Porsche is ahead of the game.”
In 2018, worldwide sales of Porsche rose 3% to 256,255 vehicles sold, while the 911 in particular saw a double-digit rise in deliveries—10%, to 35,573 vehicles—despite the model being on its run-out year before the 992 was introduced. Global sales of Porsche 911s in 2018 alone exceeded those of all cars from Bentley, Ferrari, Aston Martin, and Lamborghini combined.
“The 911 capacity to fascinate is stronger than ever,” said Porsche executive board member Detlev von Platen in a company sales report. “We just celebrated the world premiere of the new 911 at the end of the year at the Los Angeles Auto Show, and yet our sports car icon once again inspired more customers in 2018 than in the previous year.”
What’s more, the 911 debut will pull double duty as it counterbalances expected losses from the just-released Taycan. Porsche is expected to make 20,000 to 30,000 of the six-figure electric sedan, representing a $6.6 billion investment from the brand, including a new factory near the company’s headquarters in Stuttgart, Germany.
“Given the pomp and ceremony for recent EV launches, Porsche’s introduction of the new 911 Carrera was relatively low key,” Dean says. “[But] the sports car is well-timed, as it will compensate for the transition to battery-electric vehicles, which starts with the new Taycan, its least-profitable model.”
As for the 992, its percentage of brand earnings is expected to increase even more in 2020, as higher-margin derivatives are launched over the next 18 months, including, yes, a Turbo version with an actual turbocharger. Dean expects profit margins on that one to exceed 50%.
The most profitable car launched in the past year was not a Tesla. Nor was it some crazy hypercar.
It was the new Porsche 911.
The eighth generation of Porsche’s iconic car, known internally and to Porsche faithful as the 992, is more profitable, proportionately speaking, than any other vehicle that debuted in the past year. The model has accounted for nearly 30% of total Porsche AG earnings since it launched, even though it made up only 11% of sales, according to a recent report by Bloomberg Intelligence.
That percentage beats elite models such as the Ferrari F8 Tributo, Aston Martin DBX, Mercedes-Benz GLE, and BMW X5, each of which also punch above their weight when it comes to profit margins.
The F8 Tributo, for example, boasts a whopping 50% sales margin but contributes just 17% of total vehicle earnings at Ferrari. Aston Martin will sell an anticipated 4,500 units of its DBX in 2020, doubling sales volumes and singlehandedly accounting for 21% of total vehicle contribution there; it’s likely to push Aston Martin Ebitda margins to 30%, according to the report. As for the SUVs, the GLE, together with its GLS sibling, will account for 24% of earnings at Mercedes in 2020, from just 9% of total volume; the BMW X5 will account for 16% of auto earnings ,with just 7% of BMW’s volume.
All these models generate “a disproportionately high level of overall earnings,” says Michael Dean, automotive equity research analyst for Bloomberg Intelligence, speaking via phone from the Frankfurt Auto Show. But the recent next-generation introduction of the 911 in particular will enhance gains for the Volkswagen Group ‘s brand more.
“It’s a very simple calculation: The 911 is very profitable in its own form, and when you add the variations, the margins became immense,” Dean says, noting lucrative options such as ceramic brakes and turbocharging variants automakers use to increase base manufacturer's suggested retail prices without incurring much additional cost themselves. It also helps that the new model has a higher list price, $97,400, than does the already strongly profitable incumbent.
Beyond that, “the addition of the Turbo variant is basically pure profit,” says Dean. “If you assume they sell 10,000 Turbos anyway, plus GT3 and Turbo S’s, just the Turbo variants of the 911 alone could actually mean half a billion dollars in terms of profit for Porsche.”
With its biggest market in China and its upper-crust price bracket, Porsche should also remain unaffected by the woes currently affecting German automakers, says Dean. Car sales in Germany are at their lowest since 2010 as manufacturers Mercedes-Benz AG and Bayerische Motoren Werke AG face trade wars, slowing economies, and lingering pollution concerns intensified by Volkswagen’s 2015 diesel scandal.
“There’s no issue there,” he says. “Porsche is ahead of the game.”
In 2018, worldwide sales of Porsche rose 3% to 256,255 vehicles sold, while the 911 in particular saw a double-digit rise in deliveries—10%, to 35,573 vehicles—despite the model being on its run-out year before the 992 was introduced. Global sales of Porsche 911s in 2018 alone exceeded those of all cars from Bentley, Ferrari, Aston Martin, and Lamborghini combined.
“The 911 capacity to fascinate is stronger than ever,” said Porsche executive board member Detlev von Platen in a company sales report. “We just celebrated the world premiere of the new 911 at the end of the year at the Los Angeles Auto Show, and yet our sports car icon once again inspired more customers in 2018 than in the previous year.”
What’s more, the 911 debut will pull double duty as it counterbalances expected losses from the just-released Taycan. Porsche is expected to make 20,000 to 30,000 of the six-figure electric sedan, representing a $6.6 billion investment from the brand, including a new factory near the company’s headquarters in Stuttgart, Germany.
“Given the pomp and ceremony for recent EV launches, Porsche’s introduction of the new 911 Carrera was relatively low key,” Dean says. “[But] the sports car is well-timed, as it will compensate for the transition to battery-electric vehicles, which starts with the new Taycan, its least-profitable model.”
As for the 992, its percentage of brand earnings is expected to increase even more in 2020, as higher-margin derivatives are launched over the next 18 months, including, yes, a Turbo version with an actual turbocharger. Dean expects profit margins on that one to exceed 50%.
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Google translate from the detailed test by Belgian magazine Moniteur Automobile. They also test the 4S Cabriolet, which improved over the S Coupé quite surprisingly ; I will post it separately. Did not review the google translate in case some parts are confusing.
Detailed test / Porsche 911 Carrera S: Always an icon
In short
Beyond all aesthetic considerations, the Porsche "992" Carrera S is it better than the "991" it replaces? At 90%, yes!Because it is both sharpened for dynamic efficiency and performance - it even makes a strong leap forward again on this last point - while being always more comfortable in the absolute and easier to live in. daily. To say that she convinced us 100% would be lying. It would have required that it shows us a mechanical character a little more soaked, it has not sacrificed its manual PDK box lever for peanuts and that its new cockpit leaves us no doubt about finishing…
Detailed test / Porsche 911 Carrera S: Always an icon
In short
- The dynamic : 17.89/20
The 3-liter twin turbo evolves to offer 450 hp and 530 Nm in the "992" Carrera S. It is always sovereign in flexibility, responsiveness and elongation ... but today is so linear in its manner of distilling its strength that unless you keep your eyes on the tachometer, you can hardly feel the red zone coming. Congratulations on the new 8-speed PDK, always so soft and sharp at the same time. For abandoning the lever with manual mode, it is however a zero point!
- Safety : 16.10/20
All 992's are now equipped with an obstacle and pedestrian detection system that can engage braking to prevent or reduce the force of the collision. The curtain airbags are appearing in the cabin. As an option, Porsche provides night vision with a thermal camera, help with lane maintenance and presence warning in the blind spot of mirrors. Finally, the ESP (here called PSM) has a Sport mode or downright OFF.
- Comfort : 15.70/20
Adaptive suspension is always part of the endowment. It is based on new shock absorbers with a wider adjustment range, offering more comfort on the bad coatings and more cash register when necessary. The "992" also adopts new front seats now better body and (slightly) more welcoming back seats. The ergonomics are generally satisfactory, apart from the new digital handsets ...
- Praticality : 14.63/20
The horizontally treated dashboard is reminiscent of the 911s of the 1970s. Too bad that Porsche has not taken better care of the finish ... Compared to its predecessor, the "992" displays more of its plastics (steering wheel, console, aerators) and loses some of its beauty. For the trunk, it is always in the front that must be searched. Or exceptionally at the back, folding backs of booster seats.The standard equipment has meanwhile been revised upwards ... like the price!
- Connectivity : 16.00/20
The large touch screen (10.9 '') looks good in the center of the dashboard. Too bad that Porsche has also decided to use it to replace real practical buttons, such as the exhaust or spoiler. Nothing to say about the functions of the system or the quality of the navigation. On the other hand, the Apple CarPlay interface did not always work well for us during this test. Unique case related to our phone or widespread bug?
- Budget : 13.30 sur 20
The price increase compared to the "991" Carrera S is about 9,000 €. Which brings the price of a "992" Carrera S to 123.396 €, PDK box included ... but without option. However, as everyone knows, there is a high probability that no "992" will come out of the factory without at least one paint, a set of wheels or a specific interior finish. Budget flexible to predict, therefore. And good fuel efficiency too, our average having stopped here at 11.0 l / 100 km.
Beyond all aesthetic considerations, the Porsche "992" Carrera S is it better than the "991" it replaces? At 90%, yes!Because it is both sharpened for dynamic efficiency and performance - it even makes a strong leap forward again on this last point - while being always more comfortable in the absolute and easier to live in. daily. To say that she convinced us 100% would be lying. It would have required that it shows us a mechanical character a little more soaked, it has not sacrificed its manual PDK box lever for peanuts and that its new cockpit leaves us no doubt about finishing…
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The 4S Cabriolet by Moniteur Automobile, once again thanks to Google for the English version.
Detailed test / Porsche 911 Carrera 4S Cabriolet: legend in the open air
In short
As pleasant to ride along the coast as the knife between the teeth in the depths of the Ardennes, the "992" Cabriolet brings an appreciable sensory dimension to this 8th generation of Neunelfer, sometimes considered a bit clinical and stingy of sensations. Unless you're keen on out-of-circuit racing, where the pure performance gap will inevitably be felt, the convertible is the most desirable "992" at the moment, thanks to a more rewarding driving experience as a whole.
Detailed test / Porsche 911 Carrera 4S Cabriolet: legend in the open air
In short
- The dynamic : 17.89/20
Despite its relative weight, the 911 Cabriolet remains an absolute weapon on open road, and it already takes a lot to upset the balance of its chassis, which we feel less and less uneven distribution of masses. The 3.0 pushes very hard and sounds right, while the controls are still accurate and consistent. Steel brakes are sufficient for road use. As for the PDK box, it responds more than ever to the finger and the eye.
- Safety : 16.30/20
The 911 is equipped with curtain airbags and offers new optional safety features such as night vision, lane keeping assistance and adaptive cruise control. The LED-Matrix headlamps (€ 3,170) perfectly match the surrounding vehicles and offer a high level of lighting, the power of which nevertheless seems to hinder some road users. As standard, emergency braking assistance is very useful in urban areas.
- Comfort : 15.70/20
The controlled damping treats is effective and the 14 settings seats (2.468 €) are free from reproach. The hood opens and closes at the speed of lightning, and the antiremous net protects effectively. Capote closed, the sound level is quite acceptable and the installation Bose audio (1.549 €) offers a remarkable rendering. The 911 Cabriolet knows how to contain its passion to pamper you, as long as you are not sitting in the back!
- Practicality : 15.00/20
The hood suppresses the volume of loading under the telescope, but the backs of the bench remain foldable. The front lift is essential in the city, as is the blind spot monitor when the hood is closed. If it is necessary to go through the central screen to control many functions, three buttons are individually configurable, as shortcuts. The voice command is effective.
- Connectivity : 17.00/20
Regarding both design and ergonomics, infotainment makes a strong impression.The navigation can be duplicated to the right of the tachometer and is constantly informed of traffic problems. The equipment with a smartphone under iOS is done without any trouble. On the other hand, Android Auto compatibility is not assured. A slew of connected services, including a concierge, is nevertheless proposed.
- Budget : 14.20/20
The Cabriolet requires an extension of € 14,500 compared to the coupe and starts at € 122,186, in Carrera. A tariff certainly high perched, but that does not seem excessive for direct competition. The sheer price of some options is more difficult to justify and quickly increase the rating of more than 30,000 €. The guarantee is kept to a minimum and the consumption oscillates around 15 l / 100 km in sporty driving and 9 l / 100 km with stabilized speed.
As pleasant to ride along the coast as the knife between the teeth in the depths of the Ardennes, the "992" Cabriolet brings an appreciable sensory dimension to this 8th generation of Neunelfer, sometimes considered a bit clinical and stingy of sensations. Unless you're keen on out-of-circuit racing, where the pure performance gap will inevitably be felt, the convertible is the most desirable "992" at the moment, thanks to a more rewarding driving experience as a whole.
donkeykong
Track Technician
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2021 Porsche 911 GTS Cabrio Spied Virtually Undisguised
DocM
Highway Hunter
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Another little difference, neither the third brake light nor the light bar are red, looks like clear-ish grey. The mirrors on the 991.2 GTS had a slight different design. On the 992, the design seems unchanged however they add a bit of color to the mirror. Okay, okay I need a life or a real job.
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Doesn't the GTS versions come later in the timeline ? I'm thinking about Carrera (S) => Turbo / GT3 => GTS => GT3 RS, or something like that. I would say no GTS until at least end of 2020.
DocM
Highway Hunter
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GTS on the 991.1 didn’t come till later in the model’s lifespan. On the 991.2 it came out much sooner than that. Based on how I’d option my 992, it would only makes sense to wait for GTS. I suppose many buyers think that way and Porsche knows it’s clientele.
hoffmeister_fan
Kraftwagen König
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Sooooooooooooooo......
After checking out the new C8 Corvette, I stopped by the local Porsche dealer and they had a 992 Cabrio and Coupe.
[Here are my thoughts on the C8 https://www.germancarforum.com/threads/2020-chevrolet-corvette-c8.59811/page-5#post-947933 (copy, paste aand remove the space after germancarforum) And the reason why I included the link will be explained in a bit.....]
On the outset, my assessment is based on the 4S cabrio as I spent more time with it.
Exterior: Profile is classically 911 with modern touches. The rear is perfectly executed *chef's kiss*. The previous cabrios have had a bit of notoriety for its hunchback derriere, but the 992 is smoother in its execution. In a way, it's a bit of a shame in that it loses some of its quirky charm. The front on the metallic black cabrio looked good, but depending on my mood on any particular day, I may say it looks underwhelming or perfectly understated. The wheels on the example I saw were the 20/21 Carrera S wheels, it was, IMO, looked weak. It lent a more cruiser feel.
Interior: My feelings are best described as conflicted. I think the design is appealing, but the switchgear and material is not up to snuff. Much of what I had initially criticized upon looking at press pics have not been allayed. The shifter is dinky and a mockery. It just pissed me off so much. Everything about the center console is just disappointing....piano black surrounds, chintzy HVAC knobs and piano keys. @martinbo's quality assessment is on-point, there's a hollowness to the interior panels. Maybe it's done as a weight-saving measure, but perhaps it could have been done some other way. I think the 992's interior has a nice presentation....I do like how the digital gauges are coupled with the analog tach and how it's harking to 1960's 911. But with all the pomp and flash of how it looks, it feels more like a veneer which lacks substance. The C8 I had just sat in felt more solid than the 911's interior, and I feel so weird in saying that. It's almost sacrilege, and I expect some blowback to what may sound like I am being provocative for the sake of being provocative. (Those who have read my posts here know that I am relatively mellow). I much prefer the 991.2's interior.
So overall, my sense of the 992 left me underwhelmed. Let me put it this way and let me preface that these days, my interest in cars in general has waned for a myriad of reasons. There not a great many cars or brands I really give a damn about these days, but the 911, and to slightly lesser extent, Porsche as a brand, is one I do give a damn about. A lot has to do with me having such high admiration and expectation for such an iconic car. So the bar was set very high going into the 992. Contrast that with the sense of reservation I had going in regarding the C8 even despite seeing the promise it held in the pics and stated stats.
But, not to end this post on a disappointing note, there's somewhat of a silver-lining: as I was departing the dealer, I saw a metallic white 992 4S coupe come back from a test drive that was specced with those bitching RS Spyder wheels. Damn, that looked real proper with the classy 911 roofline. Honestly, if you are going to get a 992, spec it with those wheels or the 5-spoke Exclusive Design wheels. That'll be money well-spent. Seeing that and hearing the sports exhaust left me much less underwhelmed.
I'd still get a 991.2 though. A GT3, to be exact.
PS: The cupholder is such bullsh**.
After checking out the new C8 Corvette, I stopped by the local Porsche dealer and they had a 992 Cabrio and Coupe.
[Here are my thoughts on the C8 https://www.germancarforum.com/threads/2020-chevrolet-corvette-c8.59811/page-5#post-947933 (copy, paste aand remove the space after germancarforum) And the reason why I included the link will be explained in a bit.....]
On the outset, my assessment is based on the 4S cabrio as I spent more time with it.
Exterior: Profile is classically 911 with modern touches. The rear is perfectly executed *chef's kiss*. The previous cabrios have had a bit of notoriety for its hunchback derriere, but the 992 is smoother in its execution. In a way, it's a bit of a shame in that it loses some of its quirky charm. The front on the metallic black cabrio looked good, but depending on my mood on any particular day, I may say it looks underwhelming or perfectly understated. The wheels on the example I saw were the 20/21 Carrera S wheels, it was, IMO, looked weak. It lent a more cruiser feel.
Interior: My feelings are best described as conflicted. I think the design is appealing, but the switchgear and material is not up to snuff. Much of what I had initially criticized upon looking at press pics have not been allayed. The shifter is dinky and a mockery. It just pissed me off so much. Everything about the center console is just disappointing....piano black surrounds, chintzy HVAC knobs and piano keys. @martinbo's quality assessment is on-point, there's a hollowness to the interior panels. Maybe it's done as a weight-saving measure, but perhaps it could have been done some other way. I think the 992's interior has a nice presentation....I do like how the digital gauges are coupled with the analog tach and how it's harking to 1960's 911. But with all the pomp and flash of how it looks, it feels more like a veneer which lacks substance. The C8 I had just sat in felt more solid than the 911's interior, and I feel so weird in saying that. It's almost sacrilege, and I expect some blowback to what may sound like I am being provocative for the sake of being provocative. (Those who have read my posts here know that I am relatively mellow). I much prefer the 991.2's interior.
So overall, my sense of the 992 left me underwhelmed. Let me put it this way and let me preface that these days, my interest in cars in general has waned for a myriad of reasons. There not a great many cars or brands I really give a damn about these days, but the 911, and to slightly lesser extent, Porsche as a brand, is one I do give a damn about. A lot has to do with me having such high admiration and expectation for such an iconic car. So the bar was set very high going into the 992. Contrast that with the sense of reservation I had going in regarding the C8 even despite seeing the promise it held in the pics and stated stats.
But, not to end this post on a disappointing note, there's somewhat of a silver-lining: as I was departing the dealer, I saw a metallic white 992 4S coupe come back from a test drive that was specced with those bitching RS Spyder wheels. Damn, that looked real proper with the classy 911 roofline. Honestly, if you are going to get a 992, spec it with those wheels or the 5-spoke Exclusive Design wheels. That'll be money well-spent. Seeing that and hearing the sports exhaust left me much less underwhelmed.
I'd still get a 991.2 though. A GT3, to be exact.
PS: The cupholder is such bullsh**.
DocM
Highway Hunter
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Thanks for the review Hoff! The exterior has grown on me now and I prefer the new exterior to the 991.2. Still have mixed feeling regarding certain aspects of the interior. The spy pics of the upcoming 992 GTS got me drooling enough to overlook the steep pricing and questionable interior design. There is just something about black center lock wheel and blackened exterior trim bits that does it for me.
The GTS used to come out later in the 911 life cycle until the 991.2 when Porsche realized that a lot of carrera S owners actually optioned their cars up to GTS spec or opted to wait until Porsche released the GTS ; so why not offer the GTS much earlier in the life cycle and cash in on the profits!...That’s exactly what Porsche did! So expect the 992 GTS very soon!
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Didn't know you got a 993 RS, congrats!! Impressions? And size, yea, even compared to 997, the 991 feels a size bigger.A little OT... look how large modern 911’s are in comparison to my RS
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Porsche
Dr. Ing. h.c. F. Porsche AG, is a German automobile manufacturer
specializing in high-performance sports cars, SUVs, and sedans,
headquartered in Stuttgart, Baden-Württemberg, Germany. Owned by
Volkswagen AG, it was founded in 1931 by Ferdinand Porsche.
In its early days, Porsche was contracted by the German government
to create a vehicle for the masses, which later became the Volkswagen
Beetle. In the late 1940s, Ferdinand's son Ferry Porsche began
building his car, which would result in the Porsche 356.
Official website: Porsche
Official website: Porsche
