This article is about the car distributor owned by Volkwagen. For the automotive holding company that is the majority owner of Volkswagen, see Porsche Automobil Holding SE. For other uses, see Porsche (disambiguation).
Porsche Holding GmbH, also known as Porsche Holding Salzburg, is the largest car distributor in Europe. In 2011, the company was sold by the Porsche family and Porsche SE to Volkswagen AG, which is the majority owner of the company.
Porsche Konstruktionen GesmbH was founded by Louise Piëch and Ferry Porsche (daughter and son of Ferdinand Porsche) in 1947 in Gmünd, Austria. After the Porsche 360 Grand Prix racing car was designed by Ferry Porsche with help from the engineers of his father's design office for Cisitalia in 1947, the company started manufacturing the Porsche 356, starting with the prototype Porsche 356/1 and then 356/2 in 1948 at a factory located at a saw mill in Gmünd, and later at a factory in Salzburg.[3]
After Ferdinand Porsche was released from a French prison after the war, the production of the Porsche 356 was taken over by Dr. Ing. h.c. F. Porsche GmbH in Stuttgart, Germany, and the facility in Salzburg became home to Porsche Konstruktionen as the Austrian importer of Volkswagen and Porsche products in 1949. Ferry Porsche joined his father's company in Stuttgart, while the Austrian operation was left with Anton Piëch and Louise Piëch, who managed it to become the largest car dealership chain in Austria by 1957.[4]
By the 1960s, Porsche Konstruktionen became one of the largest distributors of Volkswagen and Porsche products in Europe.
In the late 1960s, Porsche entered many sports cars in races, and to support the factory effort (then calling itself Porsche System Engineering), external semi-factory teams were set up to share the work load. In 1969, Porsche Salzburg became such a de facto second works team, sponsored by Porsche Konstruktionen. Early in the season, at the Nürburgring, cars were entered as Salzburg Porsche Konstruktionen, but later at Austria's Österreichring, it became Porsche Salzburg for short.
In January 2009, Porsche SE became the largest shareholder of Volkswagen AG, and in March 2011, Porsche SE as well as the Porsche and Piëch families sold the ownership in the Austrian company, which had been reorganized into Porsche Holding GmbH (Porsche Holding Salzburg), to Volkswagen AG.
Today, Porsche Holding Salzburg is the largest car distributor in Europe, representing Volkswagen Group brands, including Porsche, in wholesale (as importer), retail (through its dealers), and in the after-sales business (service) in 21 countries in Europe, as well as in South America and in China.[5]
porsche, holding, this, article, about, distributor, owned, volkwagen, automotive, holding, company, that, majority, owner, volkswagen, porsche, automobil, holding, other, uses, porsche, disambiguation, gmbh, also, known, salzburg, largest, distributor, europe. This article is about the car distributor owned by Volkwagen For the automotive holding company that is the majority owner of Volkswagen see Porsche Automobil Holding SE For other uses see Porsche disambiguation Porsche Holding GmbH also known as Porsche Holding Salzburg is the largest car distributor in Europe In 2011 the company was sold by the Porsche family and Porsche SE to Volkswagen AG which is the majority owner of the company Porsche Holding GmbHCompany typeSubsidiary GmbH IndustryAutomotiveFounded1949 75 years ago 1949 in Salzburg AustriaFounderLouise Piech Ferry PorscheHeadquartersSalzburg AustriaArea servedWorldwideKey peopleHans Peter Schutzinger CEO Rainer Schroll Johannes Sieberer 1 ServicesAutomobile distribution and financial servicesNumber of employees31 846 2 ParentVolkswagen AGSubsidiariesPorsche Informatik Porsche Bank Porsche Inter Auto Porsche ImmobilienWebsitewww porsche holding com Contents 1 History 2 Motorsport 3 Recent developments 4 See also 5 ReferencesHistory edit nbsp Porsche 360 Cisitalia nbsp Porsche 356 2 the first rear engined Porsche 356 nbsp Aluminium bodied 1948 Porsche 356 made in Gmund Porsche Konstruktionen GesmbH was founded by Louise Piech and Ferry Porsche daughter and son of Ferdinand Porsche in 1947 in Gmund Austria After the Porsche 360 Grand Prix racing car was designed by Ferry Porsche with help from the engineers of his father s design office for Cisitalia in 1947 the company started manufacturing the Porsche 356 starting with the prototype Porsche 356 1 and then 356 2 in 1948 at a factory located at a saw mill in Gmund and later at a factory in Salzburg 3 After Ferdinand Porsche was released from a French prison after the war the production of the Porsche 356 was taken over by Dr Ing h c F Porsche GmbH in Stuttgart Germany and the facility in Salzburg became home to Porsche Konstruktionen as the Austrian importer of Volkswagen and Porsche products in 1949 Ferry Porsche joined his father s company in Stuttgart while the Austrian operation was left with Anton Piech and Louise Piech who managed it to become the largest car dealership chain in Austria by 1957 4 By the 1960s Porsche Konstruktionen became one of the largest distributors of Volkswagen and Porsche products in Europe Motorsport edit nbsp Porsche 908 03 of Vic Elford Kurt Ahrens Jr winner of the 1970 1000km Nurburgring entered by Porsche Salzburg nbsp Porsche 917 Kurzheck 4 5L of Hans Herrmann Richard Attwood winner of 1970 24 Hours of Le Mans entered by Porsche Salzburg In the late 1960s Porsche entered many sports cars in races and to support the factory effort then calling itself Porsche System Engineering external semi factory teams were set up to share the work load In 1969 Porsche Salzburg became such a de facto second works team sponsored by Porsche Konstruktionen Early in the season at the Nurburgring cars were entered as Salzburg Porsche Konstruktionen but later at Austria s Osterreichring it became Porsche Salzburg for short Porsche Salzburg became an entrant in the 1969 World Sportscar Championship season and 1970 World Sportscar Championship season representing Porsche in motorsport In 1970 the team of John Wyer was the designated factory partner The Porsche factory itself did not compete anymore focussing on development but Salzburg continued Usually two cars were entered for Vic Elford and Hans Herrmann Salzburg operated the winning Porsche 908 3 in the 1000km Nurburgring for that year and the winning Porsche 917KH at the 1970 24 Hours of Le Mans After 1970 the name of Porsche Salzburg disappeared from entry lists as Martini Racing took over as the second factory backed team besides Wyer Recent developments editIn January 2009 Porsche SE became the largest shareholder of Volkswagen AG and in March 2011 Porsche SE as well as the Porsche and Piech families sold the ownership in the Austrian company which had been reorganized into Porsche Holding GmbH Porsche Holding Salzburg to Volkswagen AG Today Porsche Holding Salzburg is the largest car distributor in Europe representing Volkswagen Group brands including Porsche in wholesale as importer retail through its dealers and in the after sales business service in 21 countries in Europe as well as in South America and in China 5 See also editPorsche disambiguation References edit Management Board Archived from the original on 2014 08 07 Retrieved 2014 07 31 Facts amp Figures Key business figures Employees A brand is born Archived from the original on 2014 08 08 From Gmund to Salzburg Archived from the original on 2014 08 08 Profile Retrieved from https en wikipedia org w index php title Porsche Holding amp oldid 1181193068, wikipedia, wiki, book, books, library,
