TOPIC

/ company

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

Porsche’s all-electric Macan Turbo sports car is displayed at the 17th Beijing International Automotive Exhibition (Auto China 2024) on April 23, 2025. Photo: Shutterstock

Electric & new energy vehicles

High-end car sales sink in China as cheaper brands trump European marques

Many buyers were swayed by a 20,000 yuan (US$2,830 ) trade-in subsidy offered by the government for purchasing electric and plug-in hybrid vehicles.

14 Dec 2025 - 3:22PM

Trending in China

China gym offers Porsche for losing 50kg in 3 months, charges US$1,400 entry fee

29 Oct 2025 - 10:35AM

Malaysia

Gotta sell ‘em all: Malaysian offers Pokemon cards for US$441,993 or a Porsche

23 Oct 2025 - 12:50PMvideocam

Electric & new energy vehicles

Xiaomi takes on Porsche with customised luxury EVs in China

The Chinese EV maker has started a bespoke service that adds at least US$14,000 to the sticker price of an SU7 Ultra EV.

6 Oct 2025 - 9:36AM

Xiaomi’s SU7 Ultra EV is unveiled during in Beijing on October 29, 2024. Photo: Reuters

Malaysia

Luxury car owners skipping out on US$8.5 million road tax drive Malaysians mad

Owners of over 6,300 Rolls-Royce, Lamborghini, Bentley, Ferrari and Porsche cars have not been paying for the privilege, minister reveals.

25 Sep 2025 - 2:41PMvideocam

Marathons

World’s fastest marathon man to lead runners as Sydney race joins elite group

Organisers expect about 35,000 people to run on Sunday, with event predicted to be worth US$47 million in tourism spending over next three years.

28 Aug 2025 - 3:00PM

Malaysia

Is Malaysia’s EV boom a cybersecurity risk?

A new report says the industry’s shift towards software-dependent vehicles is creating new vulnerabilities for hackers to exploit.

30 Jul 2025 - 3:24PM

The MAS 7, Malaysian automotive firm Proton’s first electric vehicle, on display in Kuala Lumpur last year. Photo: Reuters

Automobiles

Behind the scenes at Le Mans – and what it takes to win

A look at the changing face of the world’s most famous endurance race, won this year for the first time by a Chinese driver.

16 Jul 2025 - 4:21PM

Trending in China

China women pay US$14 to relax with charming men who take them on luxury car rides

An observer notes that in an age of fragmented social lives, growing loneliness, many are willing to pay for brief emotional comfort.

12 Jun 2025 - 9:46AM

Electric & new energy vehicles

Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says

Smart EV unit recorded 4.3 billion yuan of gross profit last quarter, trailing operating expenses by 500 million yuan, according to its financial report.

3 Jun 2025 - 8:47PMvideocam

Founder and CEO Lei Jun speaks at an event in Beijing on May 22. Photo: Reuters

Architecture and design

Renowned architect Norman Foster on his famous Hong Kong buildings

A thread connects Foster’s groundbreaking Hong Kong projects to his experimental installation at the Venice Biennale of Architecture.

23 May 2025 - 5:00PM

Gateway to Venice’s Waterway, an installation by Norman Foster in collaboration with Porsche. Photo: Loop

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

Porsche’s all-electric SUV has the power, the comfort and a decent range, but can it convince petrol heads to change over?

23 Feb 2025 - 4:15PMvideocam

Electric & new energy vehicles

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

Carmakers such as Mercedes-Benz, Audi and Toyota are launching cleaner, more efficient internal combustion engines. Are they here to stay?

11 Dec 2024 - 7:59AM

New petrol and diesel engines are being engineered. Photo: Getty Images

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

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