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PorscheDr.-Ing. h.c. F. Porsche AG, usually shortened to Porsche AG (About this soundlisten); see below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans. The headquarters for Porsche AG is in Stuttgart, and is owned by Volkswagen AG, which itself is majority owned by Porsche Automobil Holding SE. Porsche's current lineup includes the 718 Boxster/Cayman, 911, Panamera, Macan, Cayenne and Taycan.
The first Porsche built was the 356, which was released in 1948. There were 52 cars handbuilt by the end of 1949. Last year, the company delivered 246,375 cars, up 5% versus the previous year. China usurped the U.S. in 2015 for the first time as the biggest market for the brand. Sales in China rose 10% last year. The Cayenne SUV was introduced in 2003 and the company was chided for eschewing its sports car roots, but the Cayenne and the Macan crossover SUV--introduced in 2014--have becomes the company's best sellers. The Macan and Cayenne represented 65% of unit vehicle sales in 2017. Porsche and Lexus tied for the top rank in J.D. Power's annual study on vehicle dependability in 2016 (Lexus squeaked ahead of Porsche for 2017).
Porsche 919 Hybrid Evo
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