Porsche AG is owned by Volkswagen AG and Porsche Automobil Holding SE through a layered corporate structure. The Porsche and Piëch families hold ultimate control via 100% of voting rights in Porsche SE. In January 2026, Dr. Michael Leiters replaced Oliver Blume as CEO of Porsche AG.
- Porsche AG recorded group revenue of €36.27 billion in fiscal year 2025.
- The company delivered 279,449 vehicles worldwide in 2025, down 10.1% year over year.
- Porsche AG’s market capitalization stood at approximately $39.35 billion as of March 2026.
- The company employed roughly 42,700 people across its global operations as of 2025.
- Porsche AG listed on the Frankfurt Stock Exchange on September 29, 2022 under the ticker P911.
Who Owns Porsche
Volkswagen AG holds 75% minus one of Porsche AG’s ordinary (voting) shares. Porsche SE holds the remaining 25% plus one ordinary share, giving it a blocking minority.
Porsche SE itself is controlled by the Porsche and Piëch families, who own 100% of its voting shares. The families hold 53.3% of voting rights in Volkswagen Group, making them the dominant force behind Porsche AG’s governance and long-term direction.
Qatar Investment Authority also holds a direct stake of roughly 2.5% in Porsche AG through preferred shares acquired during the 2022 IPO.
Porsche Origin, Founders and Early Years
Ferdinand Porsche, Adolf Rosenberger, and Anton Piëch founded the company in Stuttgart in 1931. The original firm operated as a vehicle development and consulting office, not a car manufacturer.
Porsche’s design studio created the Volkswagen Beetle for the German government in the late 1930s. The company produced its first car under the Porsche name — the 356 — in 1948 in Gmünd, Austria. Ferdinand’s son Ferry Porsche led that effort, later moving production back to Stuttgart-Zuffenhausen.
Largest Shareholders of Porsche AG
Porsche AG Executive Board and Leadership
CEO and Strategy
Dr. Michael Leiters
Chairman of the Executive Board (CEO) since January 1, 2026. Previously CEO of McLaren Automotive (2022–2025) and CTO at Ferrari for over eight years. Spent 13 years at Porsche before joining Ferrari.
CEO — Corporate Strategy and Operations
Dr. Michael Steiner
Deputy Chairman of the Executive Board since July 2025. Leads Research and Development. Joined the Porsche board in 2016 and has overseen the Taycan electric program and 911 T-Hybrid development.
Deputy CEO — Research and Development
Finance and Commercial
Dr. Jochen Breckner
Board member for Finance and IT since February 2025. Previously headed Porsche’s General Secretariat and Corporate Development. Succeeded Lutz Meschke.
Finance and IT
Matthias Becker
Board member for Sales and Marketing since February 2025. Formerly Vice President of Overseas and Emerging Markets at Porsche AG. Holds a mechanical engineering degree from TU Braunschweig.
Sales and Marketing
Operations and Human Resources
Albrecht Reimold
Board member for Production and Logistics. Holds a degree in engineering production technology. Oversees manufacturing across Porsche’s Zuffenhausen and Leipzig plants.
Production and Logistics
Vera Schalwig
Board member for Human Resources and Social Affairs since August 2025. Previously served on Porsche AG’s Supervisory Board (2021–2025) and led HR at Porsche’s Zuffenhausen headquarters.
Human Resources and Social Affairs
Joachim Scharnagl
Board member for Procurement since August 2025. Formerly Head of Procurement for New Vehicle Projects and Supplier Management at Porsche AG.
Procurement
Supervisory Board Chairman
Dr. Wolfgang Porsche
Chairman of the Supervisory Board of Porsche AG. Grandson of company founder Ferdinand Porsche. Also serves on the supervisory boards of Volkswagen AG and Porsche SE.
Supervisory Board Chairman — Shareholder Representative
Porsche Products and Services
Porsche 911
The company’s flagship sports car, in production since 1964. The latest generation features T-Hybrid technology in the Turbo S variant, making it the most powerful production 911 ever built.
Porsche Cayenne
Full-size luxury SUV launched in 2002. Available in combustion, plug-in hybrid, and all-electric variants as of late 2025. Assembled at the Volkswagen Group factory in Bratislava and Porsche’s Leipzig plant.
Porsche Macan
Compact luxury SUV. The second-generation Macan launched as a fully electric model. Porsche’s Leipzig plant produced its one millionth Macan in late 2025.
Porsche Taycan
Porsche’s first fully electric sports sedan, launched in 2019. Competes with Tesla’s Model S in the electric performance segment. A refreshed version arrived in 2024.
Porsche Panamera
Executive sedan and sport turismo (wagon) offered in V6, V8, and plug-in hybrid configurations. Positioned between the 911 and Cayenne in Porsche’s lineup.
Porsche Financial Services
Offers leasing, dealer financing, customer financing, mobility services, and insurance products for Porsche vehicles across global markets.
Porsche AG Mission Statement and Strategy
Porsche’s mission traces back to a quote from Ferry Porsche: “In the beginning, I looked around but could not find the car I had dreamed of. So I decided to build it myself.” That statement still anchors the company’s identity — building cars that match an uncompromising personal standard.
The company formally articulates its mission as a commitment to delivering premium cars with close attention to customers across every part of the business. Porsche AG’s vision centers on producing extraordinary vehicles while maintaining strong profitability.
In 2026, Porsche is rolling out its Strategy 2035 framework, which replaces the earlier Strategy 2030 Plus. The plan targets long-term profitability through a mix of powertrain types — electric, hybrid, and combustion — rather than an all-electric approach. The company projects 2026 revenue between €35 billion and €36 billion with operating margins of 5.5% to 7.5%.
How Did Porsche Get Its Name
Porsche takes its name directly from its founder, Ferdinand Porsche. Born in Maffersdorf, Bohemia (now Liberec, Czech Republic) in 1875, Ferdinand Porsche worked as an automotive engineer for Daimler, Austro-Daimler, and Steyr before establishing his own consulting firm in Stuttgart in 1931.
The firm’s full legal name is Dr. Ing. h.c. F. Porsche AG. “Dr. Ing.” stands for Doktor-Ingenieur, a German doctoral-level engineering title. The “h.c.” abbreviation means honoris causa, indicating an honorary doctorate. Ferdinand Porsche received the honorary title from the Vienna University of Technology. When Porsche AG was reconstituted as a separate operating company in 2009 during the Volkswagen merger process, it retained this naming convention. Among other VW Group brands like Audi and Bentley, Porsche is the only one still carrying its founder’s full academic title in its corporate name.
FAQ
Is Porsche still operational?
Yes. Porsche AG delivered 279,449 vehicles in 2025 and recorded €36.27 billion in group revenue. The company is headquartered in Stuttgart, Germany, and trades on the Frankfurt Stock Exchange under the ticker P911.
Is Porsche an American company?
No. Porsche AG is a German company headquartered in Stuttgart, Baden-Württemberg. It is a subsidiary of Volkswagen AG and part of a corporate group that also includes Bugatti Rimac.
When did Porsche come out?
Ferdinand Porsche founded the original engineering consultancy in 1931. The first car carrying the Porsche name — the 356 — was produced in 1948 in Gmünd, Austria.
Who owns Porsche?
Volkswagen AG holds 75% minus one of Porsche AG’s ordinary shares. Porsche SE, controlled by the Porsche and Piëch families, holds 25% plus one. The families ultimately control both entities through their voting rights.
What is Porsche AG’s market cap in 2026?
Porsche AG’s market cap was approximately $39.35 billion in March 2026. Rival luxury automakers like Ferrari and Mercedes-Benz Group trade at different multiples.
