Porsche Automobil Holding Company Description
More than a century after its founder began designing autos, Porsche is still burning rubber. Porsche SE is the holding company of Porsche, and 51% stakeholder of Volkswagen (VW). Porsche's lineup is broad. The 911, Boxster and Cayman sports cars, and Cayenne SUV series were joined by a fourth; in 2009 the Gran Turismo Panamera sedan debuted. Branded consumer goods leverage the company's global image as a premium sports car maker. Cell phones, clocks, and leather jackets are a few items offered by the Porsche Design unit. In October 2009 Porsche SE agreed to fold its group under VW leadership by selling a 49.9% stake in its subsidiary to VW; Qatar Holdings LLC is poised to buy 10% of Porsche.
View the Comprehensive Company Description for Porsche Automobil Holding
The Company Description provides a historical perspective of Porsche Automobil Holding's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Porsche Automobil Holding's evolution in the marketplace.
