By Alberto Delclaux

German luxury-car brand Porsche, part of Volskwagen AG (VOW.XE), said Tuesday that Jens Puttfarcken will become president and chief executive officer of Porsche China and Porsche Hong Kong from July 2018.

China was the company's largest sales market in 2017, with more than 71,000 vehicles sold, according to Porsche.

Mr. Puttfarcken is currently CEO of Porsche Deutschland. The car maker said it hasn't yet made a decision on his replacement.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

(END) Dow Jones Newswires

March 20, 2018 06:38 ET (10:38 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Porsche Automobile (PK) (USOTC:POAHY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Porsche Automobile (PK) Charts.
Porsche Automobile (PK) (USOTC:POAHY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Porsche Automobile (PK) Charts.