Porsche AG, also known as Dr. Ing. h.c. F. Porsche AG, headquartered in Germany, is a German automobile manufacturer. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Founded in 1931, it operates with an estimated 14,110 employees, and reported $41.0B in revenue as of 2025. Porsche AG specializes in high-performance sports cars, SUVs and sedans.
Automotive magnate Wolfgang Porsche decided to sell his historic 17th-century villa in Salzburg, Austria, on June 26, 2026, following public backlash over his plan for a private 500-meter tunnel through the Salzburg hills. Earlier that day, Bentley's new smaller SUV was reported to incorporate elements of Porsche design as it approaches production. This followed reports on June 26 that Volkswagen, the parent company, is considering cutting up to 100,000 jobs and closing German factories as part of a competitiveness restructuring plan, presented by CEO Oliver Blume. Porsche AG also secured the top spot in the J.D. Power 2026 U.S. Initial Quality Study on June 26, with the Porsche 911 earning best overall model for the second consecutive year by evaluating customer-reported issues within the first 90 days of ownership. Previously, Porsche unveiled its new 911 GT4 R race car, equipped with a 4.0-liter boxer engine, ahead of its 2027 debut; this marks the first time Porsche built a GT4 race car off the iconic 911 platform rather than the Cayman.
Porsche AG sells broadcasting rights of its 2 motorsports competitions to 41 companies globally, covering 9 countries. Porsche AG's rights holders include YouTube. Porsche AG currently holds broadcasting rights for sports competitions including motorsports.
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