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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Manufacturers > Dr. Ing. h. c. F. Porsche AG

Dr. Ing. h. c. F. Porsche AG
OTC: PSEPF
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 PROFILE
Still going strong a century after its founder began designing autos, Dr.Ing. h.c.F.Porsche's cars have handled more curves than Wilt Chamberlain. Porsche has streamlined production and now makes only two model lines: the Boxster and venerable 911 models. Priced at around $40,000, the Boxster was launched in 1996 and has helped to revitalize sales, particulary in North America, which is Porsche's largest market with 40% of sales. Can't afford a Boxster? Porsche also offers watches, luggage, and tennis rackets bearing its name. The company is joining Volkswagen to create a luxury sport utility vehicle for sale in 2002. Descendants of the founding family control Porsche.

 COMPETITION
Bayerische Motoren Werke AG (BMW)
DaimlerChrysler AG (DCX)
Volkswagen AG (VLKAY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 3,439.80
1-Yr. Sales Growth: 2.3%
Employees: 9,064
Revenue per employee: $379,501.32

 KEY PEOPLE
• Wendelin Wiedeking
    CEO
• Holger P. Härter
    CFO

 CONTACT INFO

70432 Stuttgart, Germany
Phone: 49-711-911-0
Fax: 49-711-911-5777
Online: Web Site

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