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December 7, 2008

Porsche

Porsche SE
Type Public
(Xetra: PAH3)
(FWB: PAH3)
Founded 1931: by Ferdinand Porsche and Ferry Porsche
Headquarters Flag of Germany Stuttgart, Germany
Key people Flag of Germany Dr. Wendelin Wiedeking, CEO and President
Products Automobiles
Revenue 7.273 billion (2006)
Employees 11,910
Website porsche.com


Porsche SE or Porsche (German, pronounced [ˈpɔɹʃə]) is a German manufacturer of automobiles, which is majority-owned by the Porsche and Piëch families. Porsche SE holds two chief assets, the first of which is Dr. Ing. h.c. F. Porsche AG, often shortened to Porsche AG, manufacturer of the Porsche automobile line. The second asset is a large stake in Volkswagen AG. The company is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg.

It was founded in 1931 by Ferdinand Porsche, an Austro-Hungarian engineer, born in Maffersdorf, Austria-Hungary (today Vratislavice, Czech Republic). Also known the designer of the first Volkswagen, but the real, that was designed by Béla Barényi five years before. They currently produce 911 (997), Boxster, Cayman, and GT sports cars and Cayenne sport utility vehicles. Porsche also makes a brand of mountain and hybrid bikes called Carrera.

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