Additional 10 million Euros for the Ferry Porsche Foundation

The donation doubles the Ferry Porsche Foundation's capital to a total of €22 million ($34 million). This means that additional long-term funds are available to support charitable projects - above all in the areas of education and social issues, as well as in children and youth projects.

"At Porsche, financial success and social responsibility have always gone hand in hand. This donation is a clear sign of our commitment to this tradition," commented Oliver Blume, CEO of Porsche AG. "Every cent invested in charitable projects is well spent."