examine the feasibility of a possible IPO of Porsche AG. The share capital of Porsche AG has been divided into 50% non-voting preference shares and 50% ordinary shares. Volkswagen AG will retain 75% of ordinary shares, while Porsche SE will acquire 25% of ordinary shares. Volkswagen AG will also retain 75% of preference shares, while 25% of preference shares (12.5% of share capital) will be sold during IPO, while Qatar Investment Authority has already committed to buy 4.99% of preference shares, leaving another 20.01% (10% of share capital), to other investors. As part of the preliminary offering, 113,875 thousand shares were sold at the upper limit of the price range - 82.5 euros. Thus, the value of the company was estimated at 75 billion euros. In the first hours of trading on the Frankfurt stock exchange on 29 September, the share price rose to 84 euros. Australian eFuel opperations In April 2022, Porsche Australia announced they are planning to open an efuel manufacturing facility in the island state of Tasmania. The plant will be the first of its type in the country. The facility is to be named the HIF (Highly Innovative Fuels) Tasmania Carbon Neutral eFuel Plant. It is slated to open in 2026. Production and sales The headquarters and main factory are located in Zuffenhausen, a district in Stuttgart, where Porsche produces flat-6 and V8 piston engines. Cayenne and Panamera models are manufactured in Leipzig, Germany, and parts for the SUV are also assembled in the Volkswagen Touareg factory in Bratislava, Slovakia. Boxster and Cayman production was outsourced to Valmet Automotive in Finland from 1997 to 2011, and in 2012 production moved to Germany. Since 2011, the area of the Zuffenhausen plant has more than doubled, from 284,000 to 614,000 square metres, as a result of purchasing the former Layher, Deltona and Daimler sites, among others. In 2015, Porsche reported selling a total of 218,983 cars, 28,953 (13.22%) as domestic German sales, and 190,030 (86.78%) internationally. The company has been highly successful in recent times, and indeed claims to have the highest profit per unit sold of any car company in the world. Table of profits (in millions of euros) and number of cars produced. Figures from 2008/9 onwards were not reported as part of Porsche SE. On 11 May 2017, Porsche built the one-millionth 911. An Irish green Carrera S was built for the celebration, and it