Porsche is renowned across the globe as an automobile manufacturer whose main focus lies in manufacturing sports cars. These sports cars are characterized by their quality, reliability and performance. The German automobile manufacturer also produces prestigious sports cars for day to day driving.
Porsche was founded by Ferdinard Porsche, a former chief engineer at Mercedez-Benz before he incorporated his personal engineering plant. He incorporated the company in 1931, under the name Porsche before the company released its first vehicle, the Porsche 64, in 1938.
In the 1940’s, in anticipation of the looming war, the company manufactured a number of designs for heavy tanks. However, the production was short-lived after the Volkswagen plant got destroyed. Nonetheless, the German automobile manufacturer was back in the production business in 1947, designing a new Grand Prix racing car, Gmund, in Austria. The following year, Ferry Porsche, the son of the company’s founder built the first sports car, the 356.
The 356 was the first roadster to feature the Porsche name, even though it was built from Volkswagen parts. The company designed its logo during this period before Ferdinard Porsche died of a heart stroke in 1951, leaving the company in the hands of his son, Ferry.
Surprisingly, the 356 won the 100 CC class that same year, its first international win. The Porsche 550 was the next car on the road in 1953, also an immediate success in the automobile industry. The company was celebrating its 25th anniversary three years later as the 10,000th Porsche vehicle hit the road.
Porsche was growing from strength to strength and in 1961, the company was busy making a new vehicle that would use a 6-cylinder engine. Alexander Porsche, Ferry’s son, was the one designing its body. By 1963, the popular Porsche 911 was introduced to the world at the Frankfurt International Automobile Show. Production of the 911 kicked off the following year with its coupe model.
The company had certainly captured the attention of the world with its popularity increasing even further across Germany. In 1969, Porsche introduced the 914-6 and 914-4 mid engine mount sports cars, both which followed in the footsteps of the 911 by making their bow at the Frankfurt Motor Show and went on to win the World Championships for the working class.
Porsche’s success reached new heights in the 1970’s when the company introduced the fashionable 917, featuring a 4.5-liter, 12 cylinder boxer engine. The new model became an instant hit, winning almost every competition it participated in. The company went public in 1972 and began working on the Weissach Research and Development Center. The 911 Turbo, introduced in 1974 set a new bar in what would be the new beginning of the company’s success. Porsche went on to introduce the first transaxle sports car in the late 70’s, the 924, which was soon followed by the 928.
The 956, produced in 1982 was the most successful sports car at that time. The company started integrating the latest technology in its vehicles as was exhibited in their next production, the 959, which hit the market in 1985. Although there was only a few of the 959’s produced, it went on to be the first sports car to win the Paris Dakar.
In the modern day, Porsche is owned by Volkswagen AG and focuses mainly on manufacturing supercars, SUVs, sedans and high-performance sports cars. The company also owns two subsidiaries, the Mieschke Hofmann und Partner and Porsche Consulting Group. Having seen most of its competitors absorbed by larger manufactures, Porsche has remained an independent profitable manufacturer of high-performance sports cars up to the present day.