- CEO
- Michael Hugo Leiters
- Full Time Employees
- 39,463
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Porscheplatz 1 Stuttgart Germany 70435
- IPO Date
- Nov 11, 2022
- Business
- Dr. Ing. h.c. F. Porsche AG manufactures luxury high-performance sports cars, SUVs and sedans; its core products include the 911 sports car series, 718 Boxster and Cayman mid-engine sports cars, Panamera luxury sedans, Macan compact SUVs, Cayenne mid-size SUVs and Taycan electric sports sedans, along with engines, parts, components and financial services such as customer financing, leasing and mobility offerings. Founded in 1931 and headquartered in Stuttgart-Zuffenhausen, Germany, the company, a subsidiary of Volkswagen AG, operates production facilities in Zuffenhausen and Leipzig, Germany, with additional assembly in Bratislava, Slovakia, and plans for local assembly in Malaysia; it maintains a global presence across North America, Europe, China, Asia, Latin America, the Middle East and Africa, serving premium individual customers and motorsport applications. Porsche AG conducts operations in the automotive and financial services segments, with sales led by the US and Canada (32%), Europe excluding Germany (24%) and China (16%) as of 2024. Recent developments include the March 2025 acquisition of a majority stake in V4Smart GmbH & Co. KG from VARTA AG to develop and produce ultra-high-performance lithium-ion cylindrical cells for batteries, alongside a continued stake in VARTA AG; full takeover of management and IT consultancy MHP by early 2024; major product launches in 2024-2025 across Panamera, Macan, Taycan and 911 lines; a strategic realignment of product strategy in September 2025 emphasizing new combustion-engine models alongside delayed all-electric introductions; and the scheduled end of production for all current 718 Boxster and Cayman variants, including RS models, in October 2025 ahead of full-electric successors in the medium term.