Which company does Porsche belong to?
2 Answers
Porsche is a subsidiary of Volkswagen AG, a world-renowned luxury car brand under the Volkswagen Group, also known as Porshe. Headquartered in Stuttgart, Germany, it is one of the main representatives of European and American automobiles. Porsche's main models include the 911, 718, Boxster, Cayman, Panamera, Cayenne, and Macan. Taking the Porsche Cayenne 2020 Cayenne S 2.9T as an example: it is a mid-to-large SUV with a length, width, and height of 4918mm, 1983mm, and 1696mm respectively, and a wheelbase of 2895mm. It is equipped with a 2.9T twin-turbocharged engine, delivering a maximum power of 324kw and a maximum torque of 550nm, matched with an 8-speed automatic transmission.
Porsche is a legendary brand founded by Ferdinand Porsche, which began in Germany in 1931 and initially focused on design engineering consulting. After World War II, it launched its first sports car, the 356, gradually becoming a benchmark for performance. However, due to internal family disputes and debt issues caused by the 2008 financial crisis, Volkswagen Group officially incorporated Porsche into its portfolio in 2009 through a series of equity transactions. Today, as a subsidiary of Volkswagen, Porsche shares R&D resources and supply chains, such as the shared platform between the Cayenne and Touareg, reducing costs and improving efficiency. Interestingly, the Porsche family in turn holds a majority stake in Volkswagen, creating a rare cross-ownership relationship in the automotive industry. Having studied automotive history for years, this story always makes me reflect on the rise and fall of family businesses; Volkswagen's support has accelerated Porsche's innovation in electric vehicles like the Taycan, yet the brand's DNA remains rooted in its racing spirit.
