TOPIC

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Porsche

Porsche is a German sports car brand owned by the Piëch and Porsche families, and Qatar Holdings. The company was founded by in 1931 by Ferdinand Porsche, an Austrian engineer, and Porsche's son-in-law Anton Piëch, an Austrian lawyer. It is now part of the Volkswagen group, which also makes and markets Audis and Bugatti Veyrons.

Chairman / President

Hans Dieter Pötsch

CEO / Managing Director

Oliver Blume

CFO / Finance Director

Lutz Meschke

Industry

Automotive

Website

Porsche.com

Headquarters address

Porscheplatz 1, 70435 Stuttgart, Germany

Stock Code

FWB:VW

Year founded

1931

A top Porsche seller in northern China, with 340 cars sold in two years, called the police over sex-related rumours. Photo: SCMP composite/Shutterstock/Douyin

Trending in China

China top Porsche seller, with 340 cars sold in 2 years, faces sex rumours

Mu credits her sales success to her genuine approach, strong client relationships, photography skills and offering emotional value.

18 Apr 2025 - 7:07PM

Luxury cars

Why the new Porsche Macan is leading the charge in electric SUVs

23 Feb 2025 - 4:15PMvideocam

Electric & new energy vehicles

New petrol and diesel engines in the works as EV sales stall

11 Dec 2024 - 7:59AM

China-EU relations

EU investments in China soar to new quarterly record of US$3.9 billion

Germany’s Volkswagen, BMW and BASF are the top three investing businesses, according to Rhodium Group analysis.

31 Oct 2024 - 3:03PMvideocam

The electric BMW i3 at a car show in Nanning, Guangxi Zhuang autonomous region, on June 16, 2024. Photo: Costfoto/NurPhoto via Getty Images

Millionaires and billionaires

What is Edwin Castro doing a year after his epic US lottery win?

The overnight multimillionaire is spending his fortune on sports cars, mansions and dates with models, apparently – he was spotted on a recent outing with Payten Vincent at Nobu

18 Jul 2024 - 4:00AM

Cybersecurity

Shanghai releases white list to expedite overseas data transfers for companies

The ‘general data’ list, covering 64 categories, will enable certain firms to make data transfers overseas without a security assessment.

17 May 2024 - 9:06PM

Xiaomi

Xiaomi surprises with lower-than-expected pricing on new EVs

Chinese smartphone giant Xiaomi has launched its much-awaited first electric vehicle, pricing the standard model at 215,900 yuan (US$29,867) to take on Tesla’s Model 3 in the world’s largest EV market.

28 Mar 2024 - 11:43PM

Lei Jun, founder and CEO of Xiaomi, speaks during the SU7 electric car launch ceremony in Beijing on Thursday. Photo: EPA-EFE

China's economic recovery

Tesla, Porsche chip in as Shanghai allays cross-border data flow ‘sore point’

China’s industrial and commercial hub of Shanghai is seeking to roll out a three-tiered cross-border data flow regulation by March in a bid to address a long-standing ‘sore point’ for foreign firms.

31 Jan 2024 - 4:43PMvideocam

Stocks

Porsche’s investors lose hope of a supercar stock like Ferrari

Prospects for 2024 aren’t looking up, either, with Porsche telling analysts last week that sales volumes would likely be flat.

25 Jan 2024 - 2:41PM

Millionaires and billionaires

6 of the most expensive celebrity-owned cars ever, from Porsche to McLaren

Ronaldo’s Bugatti Centodieci seems as though it was made for him, Elon Musk is a fan of the iconic 90s McLaren F1, and Beyoncé and Jay-Z found their dream car in the Rolls-Royce Boat Tail

24 Dec 2023 - 5:00AM

Like a few other celebrities we could name, Cristiano Ronaldo has a thing for expensive cars. Photo: Instagram/@cristiano

Trending in China

Chinese buyers swindled into paying US$3,200 for fake Porsche full of problems

A group of buyers from central China bought cheap Porsche knockoffs and became a source of national amusement after they discovered a litany of problems.

23 Dec 2023 - 7:15PM

The counterfeit Porsches were meticulously crafted to mimic their authentic counterparts, albeit possessing subtle discrepancies in branding. Photo: SCMP composite/Shutterstock/Weibo

Electric & new energy vehicles

China’s BYD launches Dolphin EV in Japan as it seeks to pry open market

BYD, China’s biggest EV maker, has launched its Dolphin compact hatch in Japan, where imported cars account for a small slice of the market. The base model is priced at US$24,560.

20 Sep 2023 - 10:23AM

Ukraine war

Porsche converted into military vehicle for Ukrainian commander

A group of Ukrainian volunteers has transformed a Porsche Cayenne SUV 3.0 into a military vehicle. It now has a night vision camera and a Starlink internet system.

8 May 2023 - 11:01AM

Crime in Hong Kong

3 arrested as Hong Kong police seize HK$45 million in drugs from two locations

Heroin, cocaine and ketamine taken off the market after narcotics bureau officers raid hotel room and village house.

3 Mar 2023 - 8:32PM

A Porsche and some of the drugs seized after police raided two storage centres and arrested three people. Photo: Facebook/Hong Kong Police.

Risk and reward of Hong Kong finance guiding Au’s approach to Asian Le Mans

Antares Au preparing for third season in motorsport with German team driving Porsche 911 GT3 R. First race takes place in Dubai on February 11.

2 Feb 2023 - 9:58AM

Hong Kong racer Antares Au will be driving a Porsche for German team Herberth Motorsport. Photo: Xiaomie Chen

Formula One (F1)

10 highest paid F1 racers of 2022, from Max Verstappen to Lewis Hamilton

With the F1 season coming to a close in Abu Dhabi, we look back at who made the most money in 2022, from Lewis Hamilton to Max Verstappen and Daniel Ricciardo

26 Nov 2022 - 1:00AM

Electric & new energy vehicles

How VW and Mercedes’s electric-car ambitions have run into trouble

Delays to VW’s key project and Mercedes’ move to cut prices of its flagship EV have raised doubts over the electrification targets of the German carmakers, who want to usurp the title from rival Tesla.

21 Nov 2022 - 1:56PMvideocam

Hong Kong

Company that brought Porsche, Blue Girl to Hong Kong launches toy line

Jebsen Group has launched a children’s storytelling toy called Toniebox in Hong Kong and hopes to bring it to China’s multibillion-dollar toy market.

17 Oct 2022 - 12:01PMvideocam

Jebsen Group has launched the Toniebox, a storytelling toy for children, in Hong Kong and plans to offer it in mainland China. Photo: SCMP Handout

Luxury cars

Is the Porsche 911 the world’s most timeless sports car?

The much-loved sports car has stayed faithful to its distinctive look for decades, while Ferraris and Lamborghinis are continually replaced with newer models

11 Aug 2022 - 6:01PM

Luxury cars

Inside Khloé Kardashian’s multimillion-dollar car collection

The Kardashian-Jenner family members love their cars, and spend on luxury vehicles like Rolls-Royce, Mercedes, Ferrari and Lamborghini … so which models does Khloé favour?

5 Jul 2022 - 11:20AMvideocam

Automotive industry

Opinion | Why Bugatti’s sale marks the end of petrol cars

The luxury hyper car maker is veering into new territory as it partners with Bulgarian EV maker Rimac – so how will this change things for the multimillion-dollar car maker?

8 Jul 2021 - 4:20PM

South Korean celebrities

5 K-pop stars with crazy expensive cars: who owns the most OTT motor?

G-Dragon owns three limited edition supercars, while Exo’s Chanyeol and Girls’ Generation’s Yoona both drive envy-inducing models – but who has the most expensive motor of all?

11 May 2021 - 2:15PMvideocam

Jessica Jung, Chanyeol from Exo and Yoona of SNSD. Photo: @jessica.syj, @real__pcy, @yoona__lim/Instagram

Electric & new energy vehicles

Is this the best luxury EV on the market in 2021?

The Mercedes-Benz EQS may not be the prettiest car on the market, but its sleek lines help give it 100km more range than a Tesla, and inside it combines ultra-fancy technology with comfort and refinement

28 Apr 2021 - 4:00AM

Fashion

AW20 trends: 4 ways fashion brands have responded to the ‘new normal’

As Covid-19 prompts luxury fashion brands to rethink their approach, Hermès, Armani, Dunhill and Boss show off their creative chops with new projects, collaborations, and collections

11 Oct 2020 - 2:41PM

Electric & new energy vehicles

Opinion | Does California’s ban on petrol cars spell the end for luxury motor brands?

Tesla’s new Model S Plaid and California’s upcoming ban on the sale of new combustion engines are calls for traditional luxury car brands to radically shift their strategies

29 Sep 2020 - 12:25PMvideocam

The Tesla Model S Plaid presents a veritable challenge to traditional luxury car brands. Photo: Tesla/YouTube

Automotive industry

Why Mercedes and Porsche can’t catch up with Tesla

In 2020, a game-changing electric car with touch screens represents luxury more than traditional tailored upholstery

10 Sep 2020 - 6:10AM

Auctions

Ferrari roars ahead at online auctions while Porsche is left on the lot

Most internet purchases don’t cost US$3.08 million, but that’s what one car enthusiast paid for a 1966 Ferrari as online auctions become more popular, but not all supercars are leaving the lot

23 Aug 2020 - 5:05PM

Luxury cars

Review | The 2020 Porsche 911: still one of the best cars on the road

The Porsche 911 is a true icon of the road beloved by celebrities like David Beckham, LeBron James and Jennifer Lopez – but will the new 8th generation model appeal to purists?

15 Aug 2020 - 6:00AM

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