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Porsche SE was created in June 2007 by renaming the old Dr. Ing. h.c. F. Porsche AG, and became a holding company for the families' stake in Porsche Zwischenholding GmbH (50.1%) (which in turn held 100% of the old Porsche AG) and currently is the major shareholder in Volkswagen AG (31.3%) and holds the majority voting rights (53.1%).
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 ...
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 ...
Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. [43] 25% of shares sold in an IPO of Porsche AG in 2022. Jetta: Joint venture with First Automotive Works created in 2019. Scout Motors Inc.: 100% ownership ...
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.
Bugatti Rimac is a joint venture headquartered in Sveta Nedelja, Croatia, known for the car brands Bugatti and Rimac. [2] The two brands were united under the business decision of Porsche, giving control of Bugatti to Mate Rimac and in return receive more share in Rimac Group, which includes Rimac Technology, a company that develops batteries and powertrains.
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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.