Porsche

Porsche Automobil Holding SE, usually shortened to Porsche or Porsche SE, a Societas Europaea or European Public Company, is a German holding company with investments in the automotive industry.

Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is owned by the Piëch and Porsche families, and Qatar Holdings, through the Qatar Investment Authority (10%).As of September 2011, it owns 50.73% of the voting rights in Volkswagen AG , and 50.1% of Porsche Zwischenholding GmbH, which owns 100% of Dr. Ing. h.c. F. Porsche AG, the manufacturer of a range of sports cars and SUVs.

Porsche's company logo was based on the coat of arms of Free People's State of Württemberg of former Weimar Germany, which had Stuttgart as its capital and became part of Baden-Württemberg after the political consolidation of West Germany in 1949.

 

On 13 August 2009, Volkswagen AG's Supervisory Board signed the agreement to create an "integrated automotive group" with Porsche, led by Volkswagen AG. Volkswagen will initially take a 49.9 percent stake in Porsche AG by the end of 2009, and it will also see the family shareholders selling the automobile trading business of Porsche Holding Salzburg to Volkswagen AG.