Porsche Automobil Holding

Porsche Automobil Holding

About Porsche Automobil Holding

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-Wurttemberg and is owned by the Piech 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. The company was founded as Dr. Ing. h. c. F. Porsche GmbH in 1931 by Ferdinand Porsche, an Austrian engineer born in Maffersdorf, during the time of the Austro-Hungarian Empire, and Porsche's son-in-law Anton Piech, an Austrian lawyer. Porsche is the owner of Dr. Ing. h.c. F. Porsche AG (Porsche AG), and in June 2007 became a holding company for its stake in Porsche Zwischenholding GmbH (50.1%) (which in turn holds 100% of Porsche AG) and Volkswagen AG (50.7%).

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