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Dr. Ing. h.c. F. Porsche AG Headquarters in Stuttgart Company type Public Traded as FWB: P911 DAX component ISIN DE000PAG9113 Industry Automotive Founded 1931 ; 94 years ago (1931) in Stuttgart, Germany Founder Ferdinand Porsche Headquarters Stuttgart, Germany Area served Worldwide Key people Wolfgang Porsche (chairman) Oliver Blume (CEO) Products Automobiles Production output 321,321 vehicles ...
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).
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 ...
Headquarters Revenue (billions US$) Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 1 31 Allianz: Munich 148.2 9.7 1,056.8 113.8 Insurance 2 43 Volkswagen: Wolfsburg 348.6 16.3 672.0 65.6 Automotive 3 52 Mercedes-Benz: Stuttgart 164.3 14.4 288.5 77.1 Automotive 4 61 BMW: Munich 168.3 11.6 274.7 65.8 Automotive 5 62 ...
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In July 2012, Volkswagen completed takeover of Porsche ending the four-year saga and formed an integrated automotive group with Porsche. Porsche AG would become the 10th brand of Volkswagen. The holding company Porsche SE was left with 31 percent of the subscribed capital of Volkswagen AG, and 50.7 percent of the voting rights in the company. [125]
Porsche Engineering (Porsche Engineering Group GmbH) was established in 2001 as a wholly owned subsidiary of Porsche AG, with headquarters in Weissach, and traces its history back to 1931 when Porsche created its first engineering office subsidiary.
There are nine Fortune 500 companies headquartered in the Pittsburgh metropolitan area. [1]120 PNC Financial Services (financial); 220 PPG Industries (industrial); 226 Howmet Aerospace (industrial)