The Supervisory Board of Dr. Ing. h.c. F. Porsche AG expects continuity in Finance: the committee has appointed Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board Finance and IT for a further five years. Meschke has been a member of the Porsche Executive Board since 2009 and has been its Deputy Chairman since 2015. Dr Wolfgang Porsche, Chairman of the Supervisory Board, acknowledged Meschke's services in regard to the future viability of the company: "Lutz Meschke is driving forward the digitalisation and M&A activities with conviction. At the same time, he is also establishing Porsche in a future-oriented manner in the area of Finance," says Dr Porsche. "In doing so, he makes an integral contribution to Porsche being among the most profitable automobile manufacturers in the world."
The sports car manufacturer from Stuttgart has the strategic aim of achieving a 15 per cent return on sales. Despite the coronavirus pandemic and shortage of semiconductors, Porsche was able to go above and beyond this benchmark in the first three quarters of 2021. This is also a result of its Profitability Programme 2025, which is also spearheaded by Meschke. This ambitious project is intended to reduce the cumulative cost burden on the result by 10 billion euros by 2025 - and thereafter by 3 billion euros per year. Porsche will publish its financial figures for the 2021 financial year at the annual press conference on 18 March 2022.
Further information as well as video and photo material in the Porsche Newsroom: newsroom.porsche.com
About Porsche Asia Pacific Pte Ltd
Porsche Asia Pacific Pte Ltd is a subsidiary of Dr. Ing. h.c. F. Porsche AG, the leading sports car manufacturer based in Stuttgart, Germany, with a vision to be the most successful brand for exclusive and sporty mobility. Best known for the 911 model line, Porsche also produces the Cayenne, Macan, Panamera, 718 Boxster and 718 Cayman models. In 2019, it introduced the Taycan, the first fully-electric sports car.
Porsche Asia Pacific commenced operations on 1 October 2001 and currently oversees 13 countries from its headquarters in Singapore: Brunei, Cambodia, French Polynesia, Indonesia, Malaysia, Mongolia, New Caledonia, New Zealand, the Philippines, Singapore, Sri Lanka, Thailand and Vietnam. As a market incubator, it offers support to its importers and dealers in After Sales, Business Development, Marketing, New Business Fields, Public Relations and Sales, helping them to further professionalise operations and cater to customer needs to ultimately grow their business.
About AAS Auto Service
AAS Auto Service (AAS), the sole authorised importer and distributor of Porsche cars in Thailand, operates from four world-class Porsche sales locations across Bangkok. It is an accredited Porsche Classic Partner, the only one in the Porsche Asia Pacific region. Having 12 Porsche Certified Gold Technicians and nine Porsche Certified Silver Technicians underlines the strong technical and Aftersales competency of AAS, which has been recognised over the last few years with the global Porsche Service Excellence Award. Over 30 years, AAS continues to practice the company policy "AAS Looking After You and Your Car", in order to achieve the mission of "AAS The Name You Can Trust".
For more information please contact:
AAS Auto Service Co., Ltd. visit us at https://dealer.porsche.com/thailand
Porsche Centre Bangkok Vibhavadi Rangsit Rd. Tel. 02-522-6655
Porsche Centre Pattanakarn Tel. 02-369-1111
Porsche City Showroom Siam Paragon FL. 2 Tel. 02-610-9911
Porsche Studio Bangkok ICONSIAM FL. 1 Tel. 02-288-0911