- CEO
- Michael Hugo Leiters
- Full Time Employees
- 41,780
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Porscheplatz 1 Stuttgart BW Germany 70435
- IPO Date
- Sep 29, 2022
- Business
- Dr. Ing. h.c. F. Porsche AG engages in the automotive and financial services business, developing, manufacturing and selling luxury high-performance sports cars, SUVs and sedans including the 911, Taycan electric sports sedan, Macan compact SUV, Cayenne midsize SUV, Panamera luxury sedan and 718 Boxster/Cayman sports cars; it offers parts, assemblies, engines and related services such as dealer/customer financing, leasing, insurance brokerage and mobility offerings; the financial services segment also supports select Volkswagen Group brands including Bentley and Lamborghini in certain markets. A majority-owned subsidiary of Volkswagen AG with a controlling stake held by Porsche SE, the company operates through automotive sales in Germany, rest of Europe, North America, China and other international markets, with production centered at its largest facility in Stuttgart-Zuffenhausen where the 911 and Taycan are built. Founded in 1931 by Ferdinand Porsche and headquartered in Stuttgart, Germany, Porsche AG targets premium customers with a value-oriented strategy emphasizing electromobility alongside combustion engines and plug-in hybrids; in 2025 it completed the acquisition of a majority stake in V4Smart GmbH & Co. KG from VARTA AG for ultra-high-performance lithium-ion cylindrical battery cells development and production to secure high-performance battery supply, alongside a direct stake in VARTA AG; it announced 1.3 billion euros in special expenditures for product portfolio expansion, software, battery realignment including halting independent expansion at Cellforce Group GmbH, organizational adjustments and supply chain adaptations amid geopolitical challenges and US import tariffs; the share of electrified vehicles rose to 39% in Q1 2025 with the all-electric Macan contributing significantly.