Porsche

Ranked fourth in the list of the largest German companies is Porsche. Dr. Ing. h.c. F. Porsche AG, commonly abbreviated as Porsche, is a German vehicle manufacturer based in Stuttgart, Baden-Württemberg, Germany that specializes in high-performance sports cars, SUVs, and sedans. Volkswagen AG owns the company, with Porsche Automobil Holding SE owning a majority interest. The current Porsche lineup consists of the 718 Boxster/Cayman, 911 (992), Panamera, Macan, Cayenne, and Taycan. In 1931, Ferdinand Porsche (1875-1951) created the "Dr. Ing. h. c. F. Porsche GmbH" with Adolf Rosenberger and Anton Pich.

Because Ferdinand Porsche designed the first Volkswagen Beetle, the company has always had a tight link with the Volkswagen (VW) marque, and later, the Volkswagen Group (which also owns Audi AG). In 1969, the two firms teamed to create the VW-Porsche 914 and 914-6, with the 914-6 using a Porsche engine and the 914 using a Volkswagen engine. Further collaboration culminated in the Porsche 912E (US only) and Porsche 924 in 1976, which incorporated numerous Audi components and was constructed at Audi's Neckarsulm factory, which had previously been NSU's.

Porsche's goals are founded on four stakeholder dimensions: customers, society, employees, and investors. In line with this mission, the company aspires to be the most recognized brand in the world, as well as one that thrills its customers. Porsche is addressing the financial problems of transition as well. The corporation is substantially investing in areas such as sustainability, innovation, digitalization, and training. Porsche was named "the most prestigious automobile brand" in a study conducted by the Luxury Institute in New York. Five hundred households with a net worth of at least $720,000 and a gross annual income of at least $200,000 took part.

Founded: 1931
Headquarters: Zuffenhausen, Germany
Website: https://www.porsche.com/