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'''Dr. Ing. h.c. F. Porsche AG''' (which stands for ''[[Doktoringenieur|Doktor Ingenieur]] [[honorary degree|honoris causa]] Ferdinand Porsche [[Aktiengesellschaft]]''), as a 100% subsidiary of VW AG, is responsible for the actual production and manufacture of the Porsche automobile line. The company currently produces [[Porsche 911]],<ref>{{Cite news|url=http://www.thehindu.com/business/Industry/porsche-brings-limited-edition-911-r-priced-at-around-rs-3-crore/article17361797.ece|title=Porsche brings Limited Edition 911 R priced at around Rs 3 crore|last=PTI|work=The Hindu|access-date=9 March 2017|language=en}}</ref> [[Porsche Boxster|Boxster]] and [[Porsche Cayman|Cayman]] sports cars, the [[Porsche Cayenne|Cayenne]] and Macan [[sport utility vehicles]] and the four-door [[Porsche Panamera|Panamera]].
 
===Subsidiaries===
Porsche AG has a 29% share in German engineering and design consultancy [[Bertrandt|Bertrandt AG]]<ref>{{cite web|title=Porsche bolsters engineering and design operations|url=http://www.autocar.co.uk/car-news/industry/porsche-bolsters-engineering-and-design-operations|website=Autocar|access-date=16 September 2014|date=3 July 2014}}</ref><ref>{{cite web|title=Porsche AG raises its stake in Bertrandt AG|url=http://www.porsche.com/usa/aboutporsche/pressreleases/pag/?pool=international-de&id=72526|website=Porsche AG|access-date=16 September 2014|date=3 July 2014}}</ref> and 81.8% of [[Mieschke Hofmann und Partner]].<ref>{{cite web|title=Mieschke Hofmann und Partner (MHP) – the process supplier|url=http://www.mhp.com/en/company/|website=MHP|access-date=16 September 2014}}</ref> In 2018, Porsche acquired a 10% minority shareholding stake of the Croatian [[Electric car|electric sportscar]] manufacturer [[Rimac Automobili]] to form a development partnership.<ref name="Porsche 20 June 2018">{{cite press release |url=https://newsroom.porsche.com/en/company/porsche-rimac-automobili-development-partnership-technology-sports-car-company-zagreb-croatia-electromobility-geneva-motor-show-electric-hypercar-c-two-15697.html |title=Porsche takes a stake in the Croatian technology and sports car company Rimac |publisher=Porsche |date=20 June 2018 |access-date=22 June 2018 |archive-url=https://web.archive.org/web/20180620181128/https://newsroom.porsche.com/en/company/porsche-rimac-automobili-development-partnership-technology-sports-car-company-zagreb-croatia-electromobility-geneva-motor-show-electric-hypercar-c-two-15697.html |archive-date=20 June 2018 |url-status=dead }}</ref><ref>{{cite news |url=https://www.theverge.com/2018/6/20/17482656/porsche-rimac-ev-electric-investment |title=Porsche accelerates EV supercar ambitions with investment in Rimac |first=Vlad |last=Savov |work=The Verge |location=US |date=20 June 2018 |access-date=22 June 2018 |archive-url=https://web.archive.org/web/20180621014855/https://www.theverge.com/2018/6/20/17482656/porsche-rimac-ev-electric-investment |archive-date=21 June 2018 |url-status=dead }}</ref>
 
=== Initial public offering ===
Wholly owned subsidiaries of Porsche AG include Porsche Consulting GmbH.
In February 2022, Volkswagen AG had announced that it would examine the feasibility of a possible [[Initial public offering|IPO]] of Porsche AG.<ref name=":0">{{Cite web |title=Board of Management and Supervisory Board aim for an IPO of Dr. Ing. h.c. F. Porsche AG and decide on the next step with the "intention to float" |url=https://www.volkswagenag.com/en/news/2022/09/Ad_Hoc_Porsche_IPO_ITF.html |access-date=2022-09-19 |website=www.volkswagenag.com}}</ref> The [[share capital]] of Porsche AG has been divided into 50% [[Non-voting stock|non-voting]] [[Preferred stock|preference shares]] and 50% ordinary shares.<ref name=":0" /><ref name=":1">{{Cite news |last=Reuters |date=2022-09-17 |title=Factbox: The structure of the planned Porsche IPO |language=en |work=Reuters |url=https://www.reuters.com/business/autos-transportation/structure-planned-porsche-ipo-2022-09-17/ |access-date=2022-09-19}}</ref> Volkswagen AG will retain 75 % of ordinary shares, while [[Porsche SE]] will acquire 25 % of ordinary shares. Volkswagen AG will also retain 75 % of preference shares, while 25 % of preference shares (12.5 % of share capital) will be sold during IPO,<ref name=":0" /> while [[Qatar Investment Authority]] has already committed to buy 4.99 % of preference shares, leaving another 20.01% (10% of share capital), to other investors.<ref name=":1" /> Trading will begin on the [[Frankfurt Stock Exchange]] on 29 September 2022.<ref>{{Cite web |title=Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO |url=https://www.cnbc.com/2022/09/18/volkswagen-targets-70point1-billion-to-75point1-billion-valuation-in-planned-porsche-ipo.html |access-date=2022-09-19 |website=CNBC |language=en}}</ref>
 
==Production and sales==

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