Stuttgart, Germany, At its meeting today, the supervisory board of Porsche Automobil Holding SE concordantly appointed Matthias Müller (57) to the executive board of Porsche SE (member with responsibility for general technical product issues) with immediate effect. Müller, who has been CEO of Dr. Ing. h.c. F. Porsche AG since 1 October 2010, succeeds Michael Macht on the Porsche SE executive board. Macht was appointed to the board of management of Volkswagen AG on 1 October 2010 where he is responsible for group production. Read more
Panamera and new Cayenne drive growth forward
Stuttgart. The Dr. Ing. h.c. F. Porsche AG, Stuttgart, has again achieved outstanding results in the business year 2009/10 (July 31). According to the preliminary figures, with a growth of 17.9 percent to 7.79 billion euros, Porsche achieved the highest turnover in company history. Sales also rose by 8.8 percent to 81,850 (previous year: 75,238) vehicles. Read more
The 918 Spyder prototype is the German carmaker’s offering to the growing market for hybrid cars that combine an internal combustion engine with electric propulsion, dramatically slashing the amount of greenhouse gasses the car emits.
New CEO unveils four new high-powered 911s and hints at future hybrid and electric vehicles at Frankfurt Auto Show
ATLANTA, September 15, 2009 – Speaking publicly for the first time at the Frankfurt Auto Show, Porsche’s new president and CEO, Michael Macht, revealed that Porsche is considering and working hard on an electric-powered sports car that would meet the high demands of the Porsche brand.
“I am also convinced that one day Porsche will have an electric sports car in its line-up,” said Macht at the company’s press conference today. While he cautioned that so far the available battery technology is not “sufficient to meet Porsche’s strict requirements,” he said “our engineers are already working hard on this challenge.”