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VW's Porsche names new chief for China, Hong Kong

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German luxury-car brand Porsche, part of Volskwagen AG, said Tuesday that Jens Puttfarcken will become president and chief executive officer of Porsche China and Porsche Hong Kong from July 2018. China was the company's largest sales market in 2017, with more than 71,000 vehicles sold, according to Porsche.

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