Singapore. Following a record year in sales performance in 2010 with 403 vehicles and excellent January 2011 sales of 84 cars, Stuttgart Auto has yet another reason to celebrate; this time with the unveiling of the sporty 911 Carrera GTS.
The unveiling was an especially memorable occasion witnessed by over 500 guests at the Ritz Carlton, Millenia Singapore as Stuttgart Auto also celebrates the 25th Anniversary of Porsche in Singapore. To mark this momentous occasion, Stuttgart Auto Pte Ltd also donated a quarter of million dollars (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’s Editor, Mr Han Fook Kwang, who received the cheque on behalf of the Fund.
Mr Kwee also reaffirmed Stuttgart Auto’s commitment to the wider community. He said: “It’s been a fantastic 25 years with Porsche and I am very proud to be standing here to unveil yet another exciting Porsche model. The 911 model series has always been the iconic model of the Porsche brand. While we want to celebrate the launch of this very special Porsche today 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.
As a long-standing partner and contributor to the Straits Times School Pocket Money Fund, we hope that the amount donated will go a long way in helping the less-fortunate and to alleviate the financial burden faced by parents in providing for their children’s education. This is one of the ways that Stuttgart Auto hopes to contribute back to the society.”
School Pocket Money Fund
Speaking at the cheque presentation, Mr. Han announced that some 11,000 beneficiaries of The Straits Times School Pocket Fund will get more financial help for their school-related expenses from July 2011, thanks to the record $8.3 million the fund collected last year.
The SPMF will increase the monthly quantum from $45 to $55 for primary school pupils, and from $80 to $90 for secondary school students to help them cope with inflation which has surged to a two-year high, rising to 4.6 per cent in December from a year ago.
Mr Han said the higher quantum is a way for SPMF to give more to needy children in time of need, from the extra donations it received in 2010, which more than met its annual target of over $5 million. The increase in quantum will see SPMF giving out about $4.5 million this year to some 11,000 beneficiaries.
Said Mr. Han: “Our donors have been wonderful. They identified with the cause and the need to get our children 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.”
The School Pocket Money Fund, a community project started by The Straits Times in October 2000, has raised more than $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 buy a meal during recess.
The new Porsche 911 Carrera GTS
The 911 Carrera GTS, has a power output of 408 hp, derived from its 3.8-litre flat-six engine allowing the GTS to achieve a century sprint in 4.2 seconds in its Coupé form, with Porsche’s seven-speed Doppelkupplungsgetriebe (PDK) and a Sport Chrono Package Plus in Sport Plus mode. True to form of the Porsche Intelligence Performance mantra, the additional performance of the 911 Carrera GTS is achieved through increased vehicle efficiency, allowing the GTS to maintain the same fuel efficiency as a 911 Carrera S despite its increased power and perform-ance. Fuel consumption of a Carrera GTS Coupe with PDK is 10.2 litres/100 km (27.69 mpg imp), CO2 emissions are 240 g/km.
Available as both a Coupé and Cabriolet, the basic price of the Porsche 911 Carrera GTS starts from SGD 428,888 for the Coupe and SGD 468,888 for the Cabriolet. Prices are inclusive of a 5-year free maintenance and warranty program, road tax and GST but exclude COE prices. Prices are also subjected to change without prior notice.
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