It might have beaten the hedge funds at their own game, briefly made VW the most valuable company in the world and announced the most successful year in the company's history, but family-owned Porsche cannot escape the worldwide recession.
On the day it announced that it had set new records with profit, turnover, sales and production figures reaching all-time highs in the year 2007/8, it also admitted that it expects a significant drop in sales in 2008/09.