The Porsche 64, introduced in 1938, was an instant hit with consumers thanks to its innovative styling and high-end feel. Have you ever caught yourself wondering who owns Porsche? The original Porsche was built on the same platform as the VW Beetle. So, does that mean that Beetle is the Porsche holding company? Intriguing isn’t it, to know the answer to this, you need to have a look at the article. So, who are the Porsche owners in India, and does Porsche own Volkswagen? Let’s begin and find it out.
1. Who Owns Porsche? Who is the Porsche Owner?
Porsche Automobil Holding SE, a subsidiary of Volkswagen AG, is the primary shareholder of Porsche AG, and Porsche AG’s headquarters are in the Stuttgart neighborhood of Zuffenhausen. Following their 2011 merger, Volkswagen Group assumed full ownership of Porsche in August 2012 and became the Porsche owner. Audi, Bentley, Bugatti, and Lamborghini are just a few of the upscale automakers that Volkswagen owns.
As one might expect, the outbreak of war stymied Porsche’s expansion plans, and the business shifted its focus from automobiles to tank production. However, the industry quickly recovered after the introduction of the Grand Prix racing car in 1947. After his father’s death in 1948, Ferry Porsche designed the 356 as the company’s first sports car. (See Who Owns Subaru?)
2. Does Porsche own Volkswagen?
Yes. To put it simply, the automotive business is enormous and intricate. If you’ve been a car enthusiast for any length of time, you know that those posters of Bentleys, Bugattis, and Lamborghinis you have on your bedroom wall were actually depictions of Volkswagens. And here’s some breaking news in case you didn’t: Volkswagen Group is the parent company of Porsche as well as Audi, Bentley, Bugatti, and Lamborghini.
The Austrian Porsche-Piech family is indirectly the primary owner of the German automobile giant, which ranks comfortably in the top 10 of the Fortune Global 500 list. This Porsche refers to the automaker that is also owned by Volkswagen AG. Now you know the answer to does Porsche own Volkswagen or who owns Porsche. It is none other than the Volkswagen Group. (See also Where is Porsche Made?)
3. Which is the Porsche holding company?
As you are aware of who owns Porsche, let us move to its holding company. Car design, production, and sales are all core activities for Porsche and are done by the company known as Automobil Holding SE. It is split into the Porsche SE (PSE) business and the Intelligent Transport Systems (ITS) business. As a holding company, Porsche SE has a number of investments, including shares of Volkswagen AG and INRIX Inc., both of which are included in the PSE category. The Intelligent Transportation Systems division creates cutting-edge programs for managing and organizing transportation networks. The firm began operations on June 26, 2007, and its headquarters are located in Stuttgart. Check out Who Owns the Chicago Bears?
4. Who are Porsche owners in India?
Porsche India is a subsidiary of Skoda Auto Volkswagen India Private Limited a company based in Mumbai. They are the exclusive importers of Porsche’s sport luxury cars, including the iconic 911, Boxster, Cayman, Macan, Cayenne, Panamera, and Taycan, the company’s first electric vehicle, all of which feature exemplary driving characteristics, thoroughbred performance, engineering excellence, attention to detail, and exquisite craftsmanship.
The Porsche line is offered through a nationwide network of exclusive Porsche Centres, which are geared to meet the needs of customers.
There aren’t many premium sports cars that can compete with a Porsche in terms of style. For example, the magnificent 911 is one of the most popular vehicles of the twentieth and twenty-first centuries, and for good reason. It became a household name after making its impact on the track in the 1970s, developing a timeless cultural appeal. We can understand why cricketers and Bollywood stars would want one. Here are seven of India’s most well-known Porsche owners in India.
- Hrithik Roshan: Porsche Cayenne Turbo
- Amitabh Bachchan: Porsche Cayman S
- Sonu Sood: Porsche Panamera
- MS Dhoni and Suresh Raina: Porsche 718 Boxster
- Farhan Akhtar: Porsche Cayman GTS
- Ram Kapoor: 911 Carrera S Porsche
Porsche is widely renowned for high-performance sports cars and sleek designs. Moreover, it is recognized as world’s one of the most successful brands in the sports car racing genre. (Also read What is a ricer car?)