Porsche makes a sensational debut in the stock market ranking of the automobile

A return worthy of the 911 on the markets. At 9 a.m. Thursday morning, Olivier Blume, the man who heads both Porsche and its parent company Volkswagen, posed with a smile with the luxury car brand’s financial director, Lutz Meschke, in front of the statues of the bull and the bear at the entrance to the Frankfurt Stock Exchange. Then, as is still the tradition, the two men rang the bell marking the launch of the P911 share on the market. With a record issuance of 9.4 billion euros, the introduction of Porsche on the “Frankfurt trading floor” is the largest since that of Deutsche Telekom in 1996.