Board of Management and Group Works Council Agree to Secure Production Locations through

Stuttgart. This Wednesday, July 21, 2010, the Board of Management and the Group Works Council of the Dr. Ing. h.c. F. Porsche AG, Stuttgart, have reached a long-term agreement to secure its production locations. The new regulations will expire on July 31, 2015 and will supersede current regulations dating back to 2005. The company thereby creates the prerequisite for continued productivity increases and flexibility, and lays the groundwork for lasting positive corporate development. In response, in the next five years, Porsche will make an investment in the high hundreds of millions in infrastructure and project innovations. Read more