Porsche Cars Canada announces departure of Christian Marti

    MISSISSAUGA, ON, Oct. 21 /CNW/ - Porsche Cars Canada Ltd. (PCL) today
announced the departure of its President and CEO, Christian Marti, due to a
difference of opinion on the strategic direction of the company. Founded on
April 1 of this year, PCL is a direct subsidiary of Porsche AG and the sole
importer of Porsche sports cars and Cayenne SUV to the Canadian market.
Porsche is determined to further enhance serving its dealers and customers in
Canada and to take full advantage of future market opportunities. Michael
Bartsch, Executive VP & COO, Porsche Cars North America, based in Atlanta, GA,
will act as interim President & CEO of PCL until a successor to Marti has been

For further information:

For further information: Laurance Yap, Manager, Public Relations, (905)
219-2195, laurance.yap@porsche.ca

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