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Dr. Ing. h.c. F. Porsche AG: Overview

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Dr. Ing. h.c. F. Porsche AG (Porsche) a subsidiary of Volkswagen AG, is an automobile manufacturer which majorly focuses on premium auto segments. It offers passenger cars, vehicle parts and accessories, and engines. The company sells its products under several models including 718, Cayman, 911, Panamera, Macan, and Cayenne. Porsche also offer services such as financing, information technology, consulting and engineering. It also provides pre-owned cars to the customers. The company offers its products through its own sales offices in domestic market and through distributors and licensors in the foreign countries. Porsche has market presence in North America, Latin America, Europe, the Middle East, Africa and Asia. Porsche is headquartered in Stuttgart, Germany.

Headquarters Germany

Address Porscheplatz 1, Stuttgart, Baden-Wurttemberg, 70435


Telephone 49 0711 9110

No of Employees 36,359

Industry Automotive

Revenue (2020) $32.7B

   

   

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Product Life Cycle

Better understand the product strategy of Dr. Ing. h.c. F. Porsche AG and the future of automotive industry alliances in order to anticipate commercial opportunities and competitive threats.

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Products and Services

Products Services Brands
Passenger Cars Financial Services 718
Vehicle Parts and Accessories Information Technology Consulting Cayman
Engines 911
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Acquisitions/Mergers/Takeovers In June, the company acquired remaining 80% stake in Fazua GmbH, an e-bike drive system.
2022 Contracts/Agreements In May, the company joined Avalanche Andretti customer team from season 9 onwards.
2022 Financing Agreements In April, the company along with other investors invested US$260 million in HIF Global.
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Competitor Comparison

Key Parameters Dr. Ing. h.c. F. Porsche AG Mercedes-Benz Group AG AB Volvo Jaguar Land Rover Automotive Plc Bentley Motors Ltd
Headquarters Germany Germany Sweden United Kingdom United Kingdom
City Stuttgart Stuttgart Goeteborg Coventry Crewe
State/Province Baden-Wurttemberg Baden-Wurttemberg - West Midlands Cheshire
No. of Employees 36,359 173,000 84,059 36,531 4,000
Entity Type Private Public Public Private Private
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Executives
Name Position Board Since Age
Oliver Blume Chairman Executive Board 2015 53
Lutz Meschke Deputy Chairman; Director - Finance and IT Executive Board 2015 54
Andreas Haffner Director - Human Resources Executive Board 2015 56
Albrecht Reimold Director - Production and Logistics Executive Board 2016 60
Michael Steiner Director - Research and Development Executive Board 2016 57
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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