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Porsche
Porsche as we know it by is also known as Dr. Ing. h.c. F. Porsche Ag, and Porsche AG that is a German Sports Car manufacturer.

In the beginning, Professor Ferdinand Porsche began the company in which he offered development work or consulting for motor vehicles. At this time, there were no cars actually created with the Porsche name. One of the very first contracts the company received was one to create a car for the people from the German government. In German, this translated into “Volkswagen.”

The first Porsche was not created until 1938, which was the Porsche 64 made mainly from components of the Volkswagen Beetle.

Ferry Porsche the son of Ferdinand could not find a car that he really wished to purchase, so he decided to create his own. The Porsche known as the 356 was created in a small workshop in Gmund, Austria. This Porsche had an aluminum body. This prototype was shown to German auto dears and the pre-orders started flowing in, thus production was started. Many people call the 356 the first Porsche as it was the first ever sold by the fledging company.

After the war, many parts needed to create the 356 was in short supply and some parts from the Volkswagen Beetle had to used including the engine, gearbox, and suspension.

Motor racing was a great success story for the Porsche, especially the Porsche 550 Spyder. They produced several other Porsche’s designed for racing including the Porsche 911.

The company changed from being a limited partnership to public limited company in 1972. this move allowed executive board members to come from outside of the family. At this time, no family members were on the board and had no operational control of the company. the first CEO of Porsche AG was Dr. Ernst Fuhrmann.

1990 brought an agreement with Toyota in which Porsche will learn and benefit from the production methods used by the Japanese. At this time, Toyota is working with Porsche with hybrid technology. It is rumored they are working on a Hybrid Cayenne SUV along with a 4 door coupe named the Panamera.

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