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Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is majority owned by the Austrian-German Porsche-Piëch family. [a] [5] The company was founded in Stuttgart as Dr. Ing. h.c. F. Porsche GmbH in 1931 by Ferdinand Porsche (1875–1951) [6] and his son-in-law Anton Piëch (1894–1952).
The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the 718 , 911 , Panamera , Macan , Cayenne and Taycan .
The Sudeten German surname Porsche can be traced to the 18th century in the area of Reichenberg, Bohemia (now Liberec, Czech Republic). [4] The surname originates with the German word Bursche ("boy, young man, apprentice, farmhand") and is on record in northern Bohemia in various spellings (Porsch, Borsche, Borsch, Bursche, Bursch, Pursch, Pursche, etc.) from the early 17th century.
Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. [7] [8] The company also offers related services, including financing, leasing, and fleet management.
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Meanwhile, Porsche, owned by Volkswagen, said it would shrink its Chinese dealer network amid plunging profits and a 29% slide in sales in China in the nine months to September 30.
Porsche Design, a subsidiary of Volkswagen-owned Porsche, announced plans last week to design a luxury residential tower in Bangkok, Thailand, in partnership with the developer Ananda.
After the Porsche 360 Grand Prix racing car was designed by Ferry Porsche with help from the engineers of his father's design office for Cisitalia in 1947, the company started manufacturing the Porsche 356, starting with the prototype Porsche 356/1 and then 356/2 in 1948 at a factory located at a saw mill in Gmünd, and later at a factory in ...