Porsche Automobil Holding SE, usually shortened to Porsche (German pronunciation) or Porsche SE, a Societas Europaea or European Public Company, is a German holding company with investments in the automotive industry. Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and was owned by the Piëch and Porsche families, and Qatar Holdings, through the Qatar Investment Authority (10%).Porsche owned 50.73% of the voting rights in Volkswagen AG, and 50.1% of Porsche Zwischenholding GmbH, which owns 100% of Dr. Ing. h.c. F. Porsche AG, the manufacturer of a range of sports cars and SUVs. On July 2012, it was announced that Volkswagen AG is taking over Porsche completely. The company was founded in Stuttgart as Dr. Ing. h.c. F. Porsche GmbH in 1931 by Ferdinand Porsche,an Austrian engineer born in Maffersdorf, during the time of the Austro-Hungarian Empire, and Porsche's son-in-law Anton Piëch, an Austrian lawyer.
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