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Financial Crisis

Porsche Axes CEO - 23 Jun 2009
Porsche Axes CEO - 23 Jun 2009
PORSCHE/QATAR
RTR25YK4
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking talks to his successor Macht after farewell...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael Macht after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY IMAGES OF THE DAY BUSINESS TRANSPORT)
GERMANY-PORSCHE/
RTR25YI2
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
PORSCHE/QATAR
RTR25Y9V
July 23, 2009
Dark clouds are seen over a Porsche logo in front of the Porsche Development Center in Weissach near...
WEISSACH, Germany
Dark clouds are seen over a Porsche logo in front of the Porsche Development Center in Weissach near...
Dark clouds are seen over a Porsche logo in front of the Porsche Development Center in Weissach near Stuttgart July 23, 2009. Porsche axed its chief executive and will raise at least 5 billion euros ($7.10 billion) in equity as it sets the stage for a merger with German sportscar maker with mass-market rival Volkswagen.
REUTERS/Johannes Eisele (GERMANY BUSINESS TRANSPORT IMAGES OF THE DAY)
PORSCHE/QATAR
RTR25YKJ
July 23, 2009
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing...
Stuttgart, Germany
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from outgoing...
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing CEO, Wendelin Wiedeking, during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY-PORSCHE/
RTR25YIO
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
PORSCHE/QATAR
RTR25YL8
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) points towards his successor...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking points towards his successor Macht after he...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) points towards his successor Michael Macht (R) who is hugged by Porsche main shareholder Wolfgang Porsche (C) after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY-PORSCHE/
RTR25YJ1
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking acknowledges the applause of the...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking acknoledges the applause of the Porsche...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking acknowledges the applause of the Porsche employees after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY-PORSCHE/
RTR25YI6
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking waves goodbye to the Porsche employees after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT IMAGES OF THE DAY)
PORSCHE/QATAR
RTR25YKD
July 23, 2009
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing...
Stuttgart, Germany
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from outgoing...
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing CEO, Wendelin Wiedeking, during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
PORSCHE/QATAR
RTR25YKH
July 23, 2009
Employees of German car manufacturer Porsche protect themselves from rain with umbrellas as they wait...
Stuttgart, Germany
Employees of German car manufacturer Porsche use umbrellas as they wait for a statement from outgoing...
Employees of German car manufacturer Porsche protect themselves from rain with umbrellas as they wait for a statement from their outgoing CEO, Wendelin Wiedeking, during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY-PORSCHE/
RTR25YJ7
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking acknowledges the applause of the...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking acknowledges applause of the Porsche employees...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking acknowledges the applause of the Porsche employees after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY HEADSHOT BUSINESS TRANSPORT)
PORSCHE/QATAR
RTR25YJQ
July 23, 2009
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing...
Stuttgart, Germany
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from outgoing...
Employees of German car manufacturer Porsche brave the rain as they wait for a statement from their outgoing CEO, Wendelin Wiedeking, during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
PORSCHE/
RTR25YJS
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) smiles with his successor Michael...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking smiles with his successor Macht after farewell...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) smiles with his successor Michael Macht after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
PORSCHE/QATAR
RTR25YJY
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking talks to his successor Macht and outgoing chief...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael Macht (C) and outgoing chief financial officer Holger Haerter after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Porsche said on Wednesday Wiedeking, Germany's best-paid executive and its CEO for the past 16 years, along with Haerter, would quit the group immediately. Wiedeking, who had opposed selling Porsche to Volkswagen, which would have helped the company reduce the debt he had run up in a botched attempt to take over VW, will be succeeded by Porsche's production head Michael Macht REUTERS/Kai Pfaffenbach (GERMANY)
GERMANY-PORSCHE/
RTR25YKL
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking gestures as he give a farewell speech...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking gives farewell speech to employees at the Porsche...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking gestures as he give a farewell speech during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT HEADSHOT)
PORSCHE/QATAR
RTR25YJE
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking talks to his successor Macht during an employee...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (L) talks to his successor Michael Macht after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY/
RTR25YHB
July 23, 2009
Outgoing CEO of Porsche Wendelin Wiedeking (R) hugs his successor Michael Macht during a statement after...
WEISSACH, Germany
Outgoing CEO of Porsche Wiedeking hugs his successer Macht during a statement after an employee meeting...
Outgoing CEO of Porsche Wendelin Wiedeking (R) hugs his successor Michael Macht during a statement after an employee meeting at the Porsche Headquaters in Stuttgart July 23, 2009. Sportscar maker Porsche
conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would
raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger.
REUTERS/Johannes Eisele (GERMANY EMPLOYMENT BUSINESS TRANSPORT IMAGES OF THE DAY)
GERMANY/
RTR25TBN
July 19, 2009
Clouds are reflected beside a logo of German car manufacturer Porsche on the bonnet of a sports car outside...
Stuttgart, Germany
Clouds are reflected beside a logo of German car manufacturer Porsche on the bonnet of a sports car outside...
Clouds are reflected beside a logo of German car manufacturer Porsche on the bonnet of a sports car outside the Porsche museum in Stuttgart July 19, 2009. REUTERS/Johannes Eisele (GERMANY EMPLOYMENT BUSINESS TRANSPORT)
PORSCHE-DAIMLER/
RTR24X02
June 22, 2009
Raindrops are seen on the logo of a Porsche car at a dealer in Munich June 22, 2009. Facing an expected...
Munich, Germany
Raindrops are seen on the logo of a Porsche car at a dealer in Munich
Raindrops are seen on the logo of a Porsche car at a dealer in Munich June 22, 2009. Facing an expected rejection from Berlin for its state loan request and in need of a capital infusion, heavily indebted Porsche SE could be running out of options to repair its sagging balance sheet.
REUTERS/Michael Dalder (GERMANY)
PORSCHE-VOLKSWAGEN/
RTXITA2
May 18, 2009
A woman with an umbrella passes by a Porsche factory in Zuffenhausen near Stuttgart May 18, 2009. REUTERS/Johannes...
Zuffenhausen, Germany
A woman with an umbrella passes Porsche factory in Zuffenhausen near Stuttgart
A woman with an umbrella passes by a Porsche factory in Zuffenhausen near Stuttgart May 18, 2009. REUTERS/Johannes Eisele (GERMANY EMPLOYMENT BUSINESS TRANSPORT)
GERMANY/
RTR246R5
June 02, 2009
A worker inspects the lacquer of a Panamera car at the final production unit at the Porsche plant in...
Leipzig, Germany
A worker inspects the lacquer of a Panamera at final production unit at Porsche plant in Leipzig
A worker inspects the lacquer of a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY/
RTR246S0
June 02, 2009
The interior of a Panamera car is pictured at the Porsche plant in Leipzig, June 2, 2009. Around 600...
Leipzig, Germany
The interior of a Panamera is pictured at the Porsche plant in Leipzig
The interior of a Panamera car is pictured at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY/
RTXIT6Q
May 18, 2009
Porsche cars are pictured in a mirror in the roof in front of the Porsche factory in Zuffenhausen near...
Zuffenhausen, Germany
Porsche cars are pictured in a mirror in front of the Porsche factory in Zuffenhausen near Stuttgart
Porsche cars are pictured in a mirror in the roof in front of the Porsche factory in Zuffenhausen near Stuttgart May 18, 2009. REUTERS/Johannes Eisele (GERMANY EMPLOYMENT BUSINESS TRANSPORT IMAGES OF THE DAY)
PORSCHE-SALES/
RTR1R5JT
June 26, 2007
Wendelin Wiedeking, CEO of German car manufacturer Porsche, awaits the start of an extraordinary shareholder...
Stuttgart, Germany
CEO of German car manufacturer Porsche Wiedeking awaits the start an extraordinary shareholder meeting...
Wendelin Wiedeking, CEO of German car manufacturer Porsche, awaits the start of an extraordinary shareholder meeting in Stuttgart, June 26, 2007. German sports car maker Porsche said on Tuesday it expects its 2006/2007 profit to streak past 2.1 billion euros ($2.83 billion) thanks to hefty gains from its stake in Europe's biggest car maker Volkswagen. REUTERS/Kai Pfaffenbach(GERMANY)
GERMANY/
RTR246QY
June 02, 2009
A worker inspects a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2,...
Leipzig, Germany
A worker inspects a Panamera at final production unit at Porsche plant in Leipzig
A worker inspects a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
AUTOSHOW/
RTXCC43
March 04, 2009
A Porsche logo is pictured on the Cayenne Diesel during the second media day of the 79th Geneva Car Show...
Geneva, Switzerland
A Porsche logo is pictured on the Cayenne Diesel during the second media day of the 79th Geneva Car Show...
A Porsche logo is pictured on the Cayenne Diesel during the second media day of the 79th Geneva Car Show at the Palexpo in Geneva March 4, 2009. REUTERS/Denis Balibouse (SWITZERLAND)
PORSCHE/VOLKSWAGEN
RTXJB8B
May 19, 2009
A March 3, 2009 file photo shows CEO of Volkswagen Martin Winterkorn (L) talking to chairman of the advisory...
Geneva, Switzerland
File photo of CEO of Volkswagen Winterkorn talking to chairman of the advisory board Piech as his cousin...
A March 3, 2009 file photo shows CEO of Volkswagen Martin Winterkorn (L) talking to chairman of the advisory board Ferdinand Piech (2ndR) as his cousin Wolfgang Porsche, chairman of the supervisory board of Porsche sits beside during the first media day of the 79th Geneva Car Show in Geneva. In the background is seen Piech's wife Ursula Piech. REUTERS/Arnd Wiegmann (SWITZERLAND TRANSPORT BUSINESS)
MOTORSHOW PORSChe
RTR2QFW
September 09, 2003
Porsche CEO Wendelin Wiedeking is seen in the mirror of Porsche's new 911
turbo convertible during the...
Frankfurt, Germany - FDR
PORSCHE CEO WENDELIN WIEDEKING IS SEEN IN THE MIRROR OF A 911 TURBO
CONVERTIBLE AT FRANKFURT CAR SHOW....
Porsche CEO Wendelin Wiedeking is seen in the mirror of Porsche's new 911
turbo convertible during the world's biggest car show IAA in Frankfurt
September 9, 2003. German sportscar maker Porsche said on Tuesday revenues
climbed 15 percent to 5.6 billion euros ($6.20 billion) in its business year
ending July 31, boosted by sales of its Cayenne sports utility vehicle. The
world's most profitable car maker said it expected

further growth in unit sales and revenues in its current
PORSCHE-DAIMLER/
RTR24X1L
June 22, 2009
A unidentified pedestrian walks past an entrance of a Porsche car dealer in Munich June 22, 2009. Facing...
Munich, Germany
A unidentified pedestrian walks past an entrance of a Porsche car dealer in Munich
A unidentified pedestrian walks past an entrance of a Porsche car dealer in Munich June 22, 2009. Facing an expected rejection from Berlin for its state loan request and in need of a capital infusion, heavily indebted Porsche SE could be running out of options to repair its sagging balance sheet. REUTERS/Michael Dalder (GERMANY TRANSPORT POLITICS BUSINESS)
GERMANY/
RTR246RC
June 02, 2009
Porsche hub cabs are pictured at the final production unit at the Porsche plant in Leipzig, June 2, 2009....
Leipzig, Germany
Porsche hub cabs are pictured at final production unit at Porsche plant in Leipzig
Porsche hub cabs are pictured at the final production unit at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY/
RTXETQ9
May 07, 2009
The sign VW-Porsche is pictured at the back of a VW-Porsche 914 car at dealer in Bochum May 7, 2009....
Bochum, Germany
The sign VW-Porsche is pictured at the back of a VW-Porsche 914 car at dealer in Bochum
The sign VW-Porsche is pictured at the back of a VW-Porsche 914 car at dealer in Bochum May 7, 2009. The car was a joint production of Volkswagen and Porsche between circa 1969 and 1976. REUTERS/Ina Fassbender (GERMANY TRANSPORT)
GERMANY/
RTR246S2
June 02, 2009
A worker places a hub cab at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees...
Leipzig, Germany
A worker places a hub cab at the Porsche plant in Leipzig
A worker places a hub cab at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY-PORSCHE/
RTR24WXA
June 22, 2009
A traffic lights is turned red next to the logo of German car manufacturer Porsche outside a Porsche...
Frankfurt, Germany
A traffic lights is turned red next to the logo of German car manufacturer Porsche outside a Porsche...
A traffic lights is turned red next to the logo of German car manufacturer Porsche outside a Porsche dealer in Frankfurt, June 22, 2009. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
AUTOS PORSCHE
RTRESGV
December 04, 2002
Wendelin Wiedeking, Chief Executive Officer of German sportcar maker Porsche
AG is seen during the companies...
Stuttgart, Germany
PORSCHE CEO WIEDEKING IS SEEN IN STUTTGART.
Wendelin Wiedeking, Chief Executive Officer of German sportcar maker Porsche
AG is seen during the companies annual accounts press conference in
Stuttgart December 4, 2002. Porsche said on Wednesday it was set for a ninth
consecutive year of record profit as its new Cayenne sport utility model
looked sold-out even ahead of its launch. The company said it had already
taken firm orders for all of its anticipated annual production of 25,000
Cayennes, which go on sale in Germany this week. REUTERS/Ralph Orlowski

ROR/WR
GERMANY/
RTR246RG
June 02, 2009
Workers inspect a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2,...
Leipzig, Germany
Workers inspect a Panamera at final production unit at Porsche plant in Leipzig
Workers inspect a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY/
RTR246RQ
June 02, 2009
A worker inspects the lacquer of a Panamera car at the final production unit at the Porsche plant in...
Leipzig, Germany
A worker inspects the lacquer of a Panamera at final production unit at Porsche plant in Leipzig
A worker inspects the lacquer of a Panamera car at the final production unit at the Porsche plant in Leipzig, June 2, 2009. Around 600 Porsche employees work on the latest Panamera and Cayenne models in this plant that was built in 2002 in the Eastern German city east of the capital of Berlin. REUTERS/Tobias Schwarz (GERMANY TRANSPORT)
GERMANY PORSCHE
RTRJZHQ
December 03, 1998
Wendelin Wiedeking, Chief Executive of German sportscar maker Porsche AG at their annual news conference...
Stuttgart, Germany
PORSCHE CEO WENDELIN WIEDEKING IN STUTTGART.
Wendelin Wiedeking, Chief Executive of German sportscar maker Porsche AG at their annual news conference in Stuttgart, December 3. Porsche, which last year posted a 20 per cent rise in sales to 4.93 billion marks and almost doubled pre-tax profit to 324.4 million marks, said it had started the first four month of the new business year with a 34 per cent surge in sales to 1.68 billion marks.

WR/GB
GERMANY-PORSCHE/
RTR24WXE
June 22, 2009
The logo of German car manufacturer Porsche is seen on the bonnet of a sports car outside a Porsche dealer...
Frankfurt, Germany
The logo of German car manufacturer Porsche is seen on the bonnet of a sports car outside a Porsche dealer...
The logo of German car manufacturer Porsche is seen on the bonnet of a sports car outside a Porsche dealer in Frankfurt, June 22, 2009. REUTERS/Kai Pfaffenbach (GERMANY BUSINESS TRANSPORT)
GERMANY
RTR119BF
January 28, 2005
Wiedeking, chief executive of German sports car group Porsche poses for the media before the start of...
Stuttgart, Germany
Wiedeking, chief executive of German sports car group Porsche poses for the media before the start ......
Wiedeking, chief executive of German sports car group Porsche poses for the media before the start of the annual shareholders meeting in Stuttgart. Wendelin Wiedeking, chief executive of German sports car group Porsche poses for the media before the start of the annual shareholders meeting in Stuttgart January 28, 2005. Porsche, the world's most profitable carmaker, sees future growth driven by new models and an expansion of its production capacities in Germany, its chief executive told a newspaper.
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