Porsche Automobil Holding SE is a holding company. The Company, through its subsidiaries, offers development, production, and sale of automobiles along with financial services. Porsche operates worldwide.
The company comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, branded consumer goods also leverage the company’s global image as a premium sports car maker. Volkswagen AG owns 49.9% of Porsche’s sports car business, Porsche Zwischenholding GmbH, and Porsche owns 50.7% of Volkswagen.
Porsche SE is sticking with its winning formula of long product life cycles, eschewing a spike in sales through artificial financing gimmicks or cash incentives. The company integrates major suppliers into the early stages of the new vehicle design and development process, benefiting from additional knowledge and products. In addition, Porsche continues to expand its international sales, serving customers in over 100 countries. It is focusing on markets such as China, Russia, the Middle East, and Latin America, which have shown an average growth rate of 35%.