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Brief Porsche Chronology in LeipzigFrom the decision for the Cayenne to plant expansion for the Panamera

June 3, 1998:
Porsche announces its decision to produce a sports utility vehicle (SUV).

September 17, 1999:
The decision to produce the sports utility vehicle at the new plant in Leipzig is announced. Porsche intends to invest around €50 million Euro and create 260 new jobs.

February 7, 2000:
Ground breaking for the plant. The first employees are employed in Sachsen.

June 8, 2000:
The third model series after Porsche 911 and Boxster is named the Cayenne.

April 2001:
Construction of the customer center and test track begins.

October 19, 2001:
The topping out ceremony for the new plant is celebrated.

July 4, 2002:
The Porsche Board of Directors decides to produce the Carrera GT high-performance sports car in Leipzig.

August 20, 2002:
Construction of the Leipzig plant is complete. Porsche first presents the Cayenne at the opening inauguration ceremony. The Company has invested €127 million Euro in the plant and created 300 new jobs.

December 2002:
Customers collect the first Cayenne vehicles at the plant.

August 2003:
Production begins on the Carrera GT high-performance sports car.

June 2005:
Employees produce the 100,000th Cayenne.

May 6, 2006:
Production of the Carrera GT ends after 1270 vehicles are built.

May 19, 2006:
The Porsche Board of Directors announces that the Gran Turismo "Panamera" will be built in Leipzig.

September 2006:
Porsche begins conversion of the plant for production of thePanamera.

November 2006:
Employees produce the 150,000th Cayenne.

December 2006:
With the 150,371st Cayenne, production of the first generation of this model series ends. At the same time, production of the second generation begins.

April 12, 2007:
The topping out ceremony for the Panamera production facilities and the logistics center is celebrated. An investment of €150 million Euro was required for conversion of the plant.

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4/12/2007