Is Porsche Part Of Volkswagen: (Find Out)

Yes, Porsche is part of the Volkswagen Group.

Is Porsche Part of Volkswagen?

Overview

Porsche is a German automobile manufacturer that produces high-performance sports cars, SUVs, and sedans. The company was founded in 1931 by Ferdinand Porsche, and it is now owned by Volkswagen Group.

History

In 1931, Ferdinand Porsche founded the Porsche Konstruktionsbüro GmbH in Stuttgart, Germany. The company’s first product was the Volkswagen Beetle, which was designed for the German government. After World War II, Porsche began to produce its own sports cars, and the company quickly became known for its high-performance vehicles.

In 1963, Porsche introduced the 911, which is still one of the most iconic sports cars in the world. The 911 is powered by a rear-mounted, air-cooled flat-six engine, and it has a reputation for being both fast and reliable.

In 1974, Porsche introduced the 911 Turbo, which was the first production car to feature a turbocharger. The 911 Turbo was also the first production car to have all-wheel drive.

In 2009, Porsche was acquired by Volkswagen Group. Volkswagen Group is a German multinational automotive manufacturing company that also owns Audi, Bentley, Bugatti, Lamborghini, and Ducati.

Current Products

Porsche currently produces a variety of sports cars, SUVs, and sedans. The company’s most popular models include the 911, 718 Cayman, 718 Boxster, Cayenne, and Panamera.

Conclusion

Porsche is a leading manufacturer of high-performance sports cars, SUVs, and sedans. The company is known for its innovative designs, high-quality construction, and impressive performance. Porsche is also a subsidiary of Volkswagen Group, which is one of the largest automotive manufacturers in the world.

Read Also: What Is Volkswagen Known For

FAQs: Is Porsche Part of Volkswagen?

Is Porsche owned by Volkswagen?

Yes, Porsche is a wholly-owned subsidiary of Volkswagen. Volkswagen acquired Porsche in 2012 for $56 billion.

What brands does Porsche own?

Porsche owns the following brands:

Porsche
Audi
Bentley
Lamborghini
Ducati
Bugatti

Where is Porsche headquartered?

Porsche is headquartered in Stuttgart, Germany.

How many employees does Porsche have?

Porsche has over 37,000 employees worldwide.

What is Porsche’s annual revenue?

Porsche’s annual revenue is over $27 billion.