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| PORSCHE EXPANDS LEIPZIG PLANT FOR 150 MILLION EUROS |
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Topping out ceremony for the future Panamera production facilities and logistics center
Porsche expands Leipzig plant for 150 million Euro
Stuttgart/Leipzig. Preparation for the production of the new Porsche model series Panamera
is running at high speed: Today, Dr. Ing. h.c. F. Porsche AG, Stuttgart celebrated its topping
out ceremony for the further expansion of its Leipzig plant. Among those present included
German Federal Minister of Transport Wolfgang Tiefensee, the Minister President of Saxony
Georg Milbradt, Leipzig's mayor Burkhard Jung and the Porsche Executive Board member
Michael Macht as well as 300 guests and construction workers who together placed a
garland on the roof of the new Panamera production facilities. With an area of 25,000 square
meters, the facilities form the basis of the expansion. An adjacent logistics center with an
area of 23,500 square meters has also been created. In addition, the existing assembly
facilities, in which the Cayenne is already being manufactured, will be expanded to include a
pilot and analysis center as well as an apprentice workshop. In total, investments for the
buildings and production equipment amounted to 150 million Euro.
Michael Macht, Porsche AG Executive Board member responsible for Production and
Logistics: Since our decision for Leipzig in 1999, we have written a flawless success story.
No one at Porsche doubts that this expansion was a good investment." Thanks to a well-
polished production concept, the company is in a position to produce premium vehicles at the
Leipzig plant in relatively small quantities at a competitive price. According to Porsche
management, the proven production concept will also be used for assembly for the four-
seater Gran Turismo Panamera, which will be introduced to the market in 2009.
Dr. Ing. h.c. F. Porsche Aktiengesellschaft 1 of 3 Telephone +49 (0) 7 11 9 11 - 0
Porscheplatz 1 Fax +49 (0) 7 11 9 11 - 2 62 45
70435 Stuttgart
Press Information April 12, 2007
No. 20/07
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