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Porsche AG (Dr Ing. h. c. F. Porsche AG) is a German automaker, headquartered in Stuttgart, Baden-Württemberg, which produces luxurious sports cars as well as saloons and SUVs.
About a half of Porsche AG’s shares belongs to Porsche Automobil Holding SE, controlled mostly by the Porsche family, while another half is maintained by Volkswagen AG. The company’s shares can also be found on the Frankfurt Stock Exchange and Xetra electronic trading system.
In his career, Ferdinand Porsche was in the position of a technical engineer at electric companies as well as vehicle manufacturers such as Daimler-Benz, Volkswagen, Auto Union, and some others. Owing to his professionalism, the Daimler Company launched one of the most remarkable cars in history, Mercedes 24/100/140PS. Also, Porsche’s talent made Mercedes-Benz, the new company created after 1926 merging of the Daimler Company and the Benz & Cie, associate with cars of perfect quality up to the present day.
The history of Porsche AG is the history of Ferdinand Porsche and his son Ferdinand Anton Ernst Porsche’s (known as Ferry) cooperation first of all. After Porsche left Daimler to establish his own company in 1931, he along with his son carried out an order of the German government. They were to make a “people’s car” (“Volkswagen” in German) for mass production. Volkswagen Beetle was launched in 1938. Interestingly, there’s a surviving sketch of the car drawn, presumably, by Hitler. The first Porsche auto ever made, the 64, adopted many Beetle’s features.
During the WWII, Porsche helped the German Army by making military vehicles and machinery for them: the Tiger and Elephant tanks, the Kübelwagen and Schwimmwagen.
When the war was over, Ferdinand Porsche was convicted of war crimes and imprisoned for 20 months. Meanwhile, his son Ferry made the Type 356 racing car. When Porsche Sr. saw it, he was astonished at the invention. He said that he would have built it exactly the same, right down to the last screw.
The Porsche Company’s leaders aren’t afraid to take a leap of faith when a situation requires it. They experimented with a front-mounted engine that was eventually built up in the 928 in 1970s, the Tiptronic automatic gearbox system in the all-wheel drive 911 Carrera 4 (1989), etc. Probably, such a feature – intrepidity – greatly contributes to their success.
At the moment, Porsche manufactures the Boxster, 911, Cayman, Panamera, Macan, 918; since 2002, it also produces SUVs represented by the Cayenne.
The Iconic 911
In 1964, the legendary 911 Porsche model, a fixed-head coupe, saw the world. It was equipped with a 2-litre 6-cylinder 130 horsepower air-cooled rear-mounted engine that was 1991 cm3 in size and could speed up to 131 mph. It was designed by Ferdinand Alexander Porsche, Ferry’s son.
In 2009, the car was ranked the fifth in the Forbes’ list of the cars that changed the world. The Porsche 911 is one of the most recognizable supercars in the world – its design hasn’t been significantly altered that’s why the familiar features can be seen in the autos of different generations. Besides, this model is the world’s most massively produced luxurious supercar.
Red and black stripes and antlers are pictured on the coat of arms of the Baden-Württemberg state of the Weimar era (where the company was founded and has been headquartered up to the present), and a prancing horse in the centre is taken from Stuttgart’s coat of arms; it reminds that the city was developed from a stud farm since 950.
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