Porsche

Dr. Ing. h.c. F. Porsche AG, commonly known as Porsche, is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE, usually shortened to Porsche SE. Porsche's current lineup includes the 911, Panamera, Macan, Cayenne, and Taycan. The origins of the company date to the 1930s, when German Bohemian automotive engineer Ferdinand Porsche founded Porsche with Adolf Rosenberger, a key figure in the creation of German automotive manufacturer and Audi precursor Auto Union, and Austrian businessman Anton Piëch, who was, at the time, also Ferdinand Porsche's son in law. In its early days, it was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle. After World War II, when Ferdinand, a member of both the Nazi Party and the SS, would be arrested for war crimes, his son Ferry Porsche, an SS volunteer, began building his own car, which would result in the Porsche 356. In 2009, Porsche entered an agreement with Volkswagen to create an "integrated working group" by merging the two companies' car manufacturing operations. By 2015, Porsche SE, the holding company spun off from the original Porsche firm, had a controlling interest in the Volkswagen Group, which included Audi and Lamborghini as subsidiaries.