Porsche Automobil Holding SE was established in 2007 and is a holding company headquartered in Stuttgart, Germany. It is the parent of the Porsche SE Group, which holds the majority of the ordinary shares in Volkswagen Aktiengesellschaft, Wolfsburg, one of the leading automobile manufacturers in the world.
The Volkswagen Group includes twelve brands operating in seven European countries: Volkswagen passenger cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen commercial vehicles, Scania and MAN. As of 30 September, 2019, the Porsche SE Group had 903 employees.
In addition, Porsche Automobil Holding SE is involved in further strategic investments along the automotive value chain, which include providers of software for traffic planning and management and transport logistics, 3D printing specialists, and more. The company is focused on investing in companies in the area of autonomous driving, electromobility, transport management, innovative production and manufacturing methods, innovative mobility offerings, and more.
Company financial results for the first nine months of fiscal 2019 include reported profit after tax of €3.52 billion. Find PAH3.DE price updates and additional relevant information on eToro.