Porsche Consulting, a wholly-owned subsidiary of Dr. Ing. h.c. F. Porsche AG inStuttgart, is setting up a subsidiary in theUSA. Porsche Consulting Inc. headquartered inAtlanta, Georgia, will commence operations in October with ten consultants. It will be the third foreign subsidiary afterMilaninItalyandSao PauloinBrazil. "In the past five years we have generated income of approximately20 million U.S. dollarswith local customers in theUSA. That is positively crying out for a local presence. We are pleased to be able to announce this step," saysNorman Firchau, President and CEO of the new subsidiary Porsche Consulting Inc. in theUSA.