Porsche asks employees to participate in charity

Porsche asks employees to participate in charity

April 10, 2020 0 By autotimesnews

Porsche gave employees annual bonuses, and also encouraged them to make donations.

Despite the closure of its plants in connection with the coronavirus pandemic, Porsche continues the tradition of rewarding its employees in Germany with a substantial annual bonus. After a very successful fiscal year, employees will be allocated 9,000 euros for their commitment, as well as 700 euros as a special contribution to the internal or individual pension scheme.

The gesture, which greatly helps workers affected by measures taken in the automotive industry, was followed by an incentive to donate to the Porsche Assistance program or other charitable organizations in the fight against the pandemic.

At the same time, Porsche increased its donation volume by 5 million euros, covering several areas of activity: from food donations to the purchase of medical equipment.

“Solidarity in our society is more important than ever. Industry, politics and society: together we will overcome the crown crisis. Porsche takes on social responsibility. This is our fundamental philosophy and our understanding of sustainable relationships. The positive development of Porsche is the result of a great team effort. Everyone contributed to this. Everyone should benefit from this. This year’s voluntary bonus means solidarity, as well as tax revenues and purchasing power to restart actions, ”said Oliver Blum, Chairman of the Board.

Porsche global shipments increased by 10% in 2019, and 280,800 vehicles were delivered worldwide. Growth has been recorded in all major markets, from Europe and North America to the Asia-Pacific region, Africa and the Middle East. Macan has become the best-selling model with nearly 100,000 units. The compact compact SUV was followed by the larger Cayenne with over 92,000 sales. Third, fourth and fifth places were reserved for 911, Panamera and 718 Boxster / Cayman, while a little more than 800 people purchased the electric Taycan.

Revenues increased from 25.8 to 28.5 billion euros ($ 28-31 billion), and profit after tax amounted to 2.8 billion euros ($ 3 billion).