Porsche Vermssgensverwaltung AG (Porsche AG) was founded in Germany in 1931. Today it is part of the Porsche SE holding. The company specializes in the production of luxury sports cars and SUVs. The founder was the famous designer Ferdinand Porsche. Before opening its design office Dr. Ing.h.c.F. Porsche AG. Many years have passed since the opening of the company until the release of the first car. A group of company engineers led by Ferdinand Porsche worked on such orders as a racing car for the Auto-Union concern and the famous Volkswagen Beetle, designed by order of the German government and later became one of the best-selling cars in history. It was only in 1939, on the eve of World War II, that the first car under the Porsche brand was developed. The car was designated with the index 64, and it became the prototype of the future famous 356th model. Porsche AG is currently one of the fastest growing car manufacturers in the world. The production of the company is fully automated and the work of assembly shops and conveyors is optimally organized. Therefore, the number of employees is just over 11 thousand people. 110 thousand cars are produced annually. The activities of Porsche AG are based not only on the production and sale of cars around the world, the company also offers technical service, insurance, sale of spare parts and branded accessories.