Stuttgart Auto Triple Celebrations; Donates $250,000 For Needy Students

BY Azfar Hashim

Local Porsche dealer sets new sales records, celebrates 25th anniversary as Porsche dealer and unveils the all-new 911 Carrera GTS.

Following a record sales performance in 2010 with 403 vehicles and an excellent sales figure of 84 cars in January this year alone, Stuttgart Auto has yet another reason to celebrate: the unveiling of the new 911 Carrera GTS.

The unveiling was an especially memorable occasion witnessed by 500 guests at the Ritz Carlton Millenia as Stuttgart Auto also celebrates the 25th anniversary of Porsche in Singapore.

The 3.8-litre flat-six, 408bhp Carrera GTS is mated to Porsche’s seven-speed PDK box. With the Sport Chrono Package Plus in Sport Plus mode, it sprints from zero to 100km/h in only 4.2 seconds.

Available as both a Coupe and Cabriolet, the basic price of the Porsche 911 Carrera GTS starts from S$428,888 for the Coupe, and S$468,888 for the Cabriolet.


And to mark this momentous occasion, Stuttgart Auto Pte Ltd also donated S$250,000 to the Straits Times School Pocket Money Fund. The donation cheque was presented by Stuttgart Auto Pte Ltd’s Executive Chairman, Mr Karsono Kwee to the Straits Times Editor, Mr Han Fook Kwang, who received the cheque on behalf of the fund.

Some 11,000 beneficiaries of The Straits Times School Pocket Money Fund (SPMF) will get more financial help for their school-related expenses from July 2011, thanks to the record S$8.3 million collected last year. The SPMF will also increase the monthly quantum from S$45 to S$55 for primary school pupils and from S$80 to S$90 for secondary school students to help them cope with inflation that surged to a two year high, rising to 4.6% in December 2010.

The higher quantum is also a way for SPMF to give more to needy children in times of need, from the extra donations it received in 2010, which more than met its annual target of over S$5 million. The increase in quantum will also see SPMF giving out about S$4.5 million this year. Said Mr Han, “Our donors have been wonderful. They identified with the cause and the need to get our children to move up the education ladder. We are exploring new ways to ensure that the fund is well-utilised to further meet our beneficiaries’ school-related expenses.”

Mr Kwee also reaffirmed Stuttgart Auto’s commitment to the wider community. He said, “While we want to celebrate the launch of this very special Porsche as well as the 25th Anniversary of Stuttgart Auto, it is also important to remember the wider community and to continue to do our part to help the needy.” The School Pocket Money Fund, a community project started by The Straits Times in October 2000, has raised more than S$30 million since its launch and supported some 86,000 needy cases with school related expenses such as money to pay for public transport to school or for a meal during recess.