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Porsche is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs, and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany.
The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the 718, 911, Panamera, Macan, Cayenne, and Taycan.
The origins of the company date back to the 1930s when Czech-German automotive engineer Ferdinand Porsche founded Porsche with Adolf Rosenberger. In its early days, it was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle.
After World War II, when Ferdinand was arrested for war crimes, his son Ferry Porsche began building his car, which would result in the Porsche 356. In 2009, Porsche entered an agreement with Volkswagen to create an 'integrated working group' by merging the two companies' car manufacturing operations. By 2015, Porsche SE, the holding company spun off from the original Porsche firm, had a controlling interest in the Volkswagen Group, which included Audi and Lamborghini as subsidiaries.
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