Porsche company is famous for making one of the most luxurious car manufacturing companies in the world, its market cap is $61.32 billion and rich people dream of buying a Porsche car, there is an unusual but dark story behind the Porsche company, a story of success and tragedy and innovation and destruction, Porsche company was started by Ferdinand Porsche who left his job in 1898 to start the automotive industry and how he started his business with all his savings and a loan from the bank and made his car company successful and Ferdinand Porsche committed a big crime by joining the Neo Nazi political party and also lost his life
PORSCHE COMPANY HIGLIGHT
PORSCHE FOUNDED IN | 25,APRIL 1931 IN STUTTAGART GERMANY |
FOUNDER | FERDINAND PORSCHE |
INDUSTRY TYPE | AUTOMOTIVE |
PORSCHE COMPANY HEADQUATOR | STUTTGART,GERMANY |
EMPOLOYEES IN PORSCHE COMPANY | AROUND 900+ EMPLOYEES IN PORSCHE COMAPNY |
WHIC COUNTRY BRAND IS PORSCHE COMPANY | GERMANY |
WHO IS OWN THE PORSCHE COMPANY | VOLKSWAGEN GROUP |
IN HOW MANY COUNTRES ARE PORSCHE AVILABLE | MORE THEN 120 CIYBTRUES WORLD WIDE |
CURRENT CEO OF PORSCHE COMPANY | OLIVER BLUME |
NET-WORTH OF PORSCHE COMPANY | $63.64 BILLION DOLLAR |
OFFICAL WEBSITE PORSCHE COMPANY | https://www.porsche.com/middle-east/india/ |
CONTECT US | +49 0 71417856 |
INTRODUCTION
This is the story of FERDINAND PORSCHE. FERDINAND PORSCHE was born in September 1875 in a small village in Austro Hungary. FERDINAND grew up learning business from his father who was his father and used to run a black SMITHING business. FERDINAND never showed interest in his family business. Unforgettably, when FERDINAND was only 14 years old, FERDINAND lost his elder son and after his death FERDINAND started business. I had to take entry and he did not have any option during that time and he had to work full time at his father’s workshop and FERDINAND did not like to work in his father’s company and he had some other aim which he got enjoyment in doing in free time FERDINAND’s focus started increasing on electricity and his focus started to go towards lamp during that time and FERDINAND had started experimenting on lamp and FERDINAND’s father’s interest was in electricity. That was not happy and Ferdinand had to do so much electricity, he was sent to IMPERIAL TECHNICAL SCHOOL IN REICHENBERG for studies
DARK HISTORY KO PORSCHE COMPANY
FERDINAND’S AIM WAS TO MAKE HIS OWN CREAR IN ELECTRICITY FIELD, FOR THIS HAPPENED HE WENT TO RESEARCH ENGINEERING TO ACQUIRE BASIC KNOWLEDGE AND LEARNED THE BASICS IN A FEW MONTHS WITH HARD WORK AND DEDICATION. AFTER STUDY FERDINAND BUILD AN ELECTRIC GENERATOR OF HIS OWN. FERDINAND’S FATHER WORKED A LOT FOR THIS INVENTION AND FERDINAND GAVE HIS OWN OPPORTUNITY TO SELECT HIS CREAR AND FERDINAND WENT THROUGH THE JOURNEY OF PORSCHE He was going to start
In 1893, at the age of 18, Ferdinand quit his home and went out to work in his job, away from his normal life. Ferdinand did not have to struggle much for his job because he became an exporter in the electrical field and he also developed his own engine. Ferdinand’s fastest job was in Egger & Co. which manufactured electrical machines and earned a lot of money in a US company. FERDINAND started being known as a brilliant and talented engineer and with the skills of his engineer, FERDINAND became the income of a great company and while FERDINAND worked for the company, he designed the first ELECTRC WHEEL HUB MOTOR and he would get connected to cycle and bike and would start rotating the wheel and that time many companies started getting invested in the automobile sector and as the interest in cars started growing, anyway FERDINAND also got interest in car engines and hybrids. He started running and after working for 5 years for Bela Egger, Ferdinand quit his job
And then he wanted to open his own car manufacturing company but that time FERDINAND did not have that much money, due to this reason he then started searching for job and FERDINAND got job in JAKOB LOHNER COMPANY. FERDINAND worked in this company for only 23 years when FERDINAND designed the FIRST GASOLINE ELECTRIC HYBRID CAR and its name was LOHNER PORSCHE ELECTROMOBILE and he used many advanced features in the car which were of great age during that time and this He was designed for vehicle car racing and the top speed of the US car was 36-MPH and then FERDINAND made many cars for Jacob Lohaner company and designed a very advanced sports car and then FERDINAND got the opportunity to work for MERCEDES company and there was a huge opportunity for FERDINAND to work with MERCEDES company
AFTER FERDINAND GOT AN OFFER FROM MERCEDES COMPANY, HE STARTED WORKING FOR MERCEDES COMPANY AND IN 1928 PORSCHE INTRODUCE THE ONE OF THE FASTEST AND GREATEST SPORTS CARS OF HIS ERA
MERCEDES BENZ SSK AND IN THIS CAR A 7.1 LITTER ENGINE WHICH IT PRODUCES, 300 HP HORSEPOWER AND THAT FERDINAND BECAME THE BEST ENGINEER OF HIS TIME AND AFTER THE LAUNCH OF THE CAR, FERDINAND WAS ousted from MERCEDES COMPANY due to a fight between FERDINAND and the BOARD OF DIRECTOR
And when FERDINAND quit Mercedes Company, he became unemployed and then due to the war the economy was going through a lot of trouble and due to this reason FERDINAND was not able to get any other job and then one day FERDINAND decided that he would start his own company and a lot of money was needed for that and FERDINAND took the biggest decision of his life to start his own car company by taking a loan from the bank and FERDINAND bought his own car THE COMPANY WAS STARTED BY THE NAME OF PORSCHE G,.M. B. H ARU FERDINAND’S SON’S NAME WAS FERRY PORSCHE
And Ferry Porsche also kept interest in designing and engineering like his father. In the beginning Porsche car company did not manufacture car of its own. And after merging with other company he got other engine for us and did designing of car. And Ferdinand was the famous car engineer of Germany. And the biggest problem was that due to world war no customer was coming. At that time people were recovering from world war crisis. Because of this other people needed automobile. US TIME WAS NOT AVAILABLE AND BECAUSE OF THIS REASON, FERDINAND’S COMPANY STARTED TO STRUGGLE FINANCIALLY AND BECAUSE OF NOT GETTING ORDERS, SALARY COULD NOT BE PROVIDED TO THE WORKERS AND THE BUSINESS OF THE PORTSCHE COMPANY STARTED TO GO DOWN
In 1933, Adobe HITLER was the chancellor of Germany and HITLER was also interested in automobiles and HITLER held a special meeting for Porsche car company and invited the best German engineers and HITLER wanted that every German should have such a car in which 5 people can travel comfortably and spend less on fuel and the price of the car was kept at $230 which was difficult for every engineer to make possible and HITLER designed Porsche’s car Passed and also gave order to PORSCHE COMPANY to make the car and HITLER had asked to design a better car for his personal use, for which PORSCHE COMPANY needed an advanced engineer and PORSCHE COMPANY needed political power and money, which HITLER fulfilled
In 1934, PORSCHE COMPANY completed the most successful manufacture in history whose name was THE BEETLE TYPE 1. It had the TWO DOOR CAR AND AIR COOLED ENGINE IN THE BACK AND THE MAINTENANCE OF THE CAR WAS VERY LOW AND THE MILEAGE OF THE CAR WAS 31.4 MILES PER GALLON, which even today seems impressive AND 300000 ORDERS WERE PLACED FOR THE BEETLE AND PORSCHE COMPANY WAS GENERATING REVENUE OF MORE THAN 2 MILLION IN 1944 BY MANUFACTURED ITS CAR AND THAT WAS THE BIGGEST ACHIEVEMENT OF OUR TIME FOR THE PORSCHE COMPANY AND USING LOGO FOR YOUR CREATIONS, YOU HAVE A LOT OF HAPY
PORSCHE IN WAR SITUATION
In September 1939, HITLER attacked the pole which was the start of the 2nd World War and suddenly had to stop the production of Beetle car. And after the closure of car manufacturing, HITLER gave the order to PORSCHE COMPANY to make its war tank. And making the tank was proving to be unsuccessful for PORSCHE COMPANY. And after facing a lot of problems during testing, he stopped the production of the tank and gave the order to another company to make the tank.
MARKETING STRATEGY OF PORSCHE AUTOMOBILE COMPANY
PORSCHE IS A RENOWNED LUXURY CAR MANUFACTURER KNOWN FOR ITS HIGH PERFORMANCE SPORTS CARS AND SUV CARS THE COMPANY HAS A STRONG MARKETING STRATEGY THAT FOCUS ON SEVERAL KEY ELEMENTS TO PROMOTE ITS BRAND AND PRODUCTS HERE ARE SOME ASPECTS OF PORSCHE MARKETING STRATEGY
BRAND POSITIONING
PORSCHE POSITIONS ITSELF AS A PREMIUM BRAND THAT COMBINES PERFORMANCE CRAFTSMANSHIP AND LUXURY IT EMPHASIZES ITS HERITAGE AND ENGINEERING EXCELLENCES TO CREATE A PERCEPTION OF EXCLUSIVITY AND HIGHQUALITY
PRODUCT DIFFERENTIATION
PORSCHE DIFFERENTIATES ITSELF BY OFFERING UNIQUE AND VERY HIGHLY SOUGHT AFTER PRODUCTS THE COMPANY FOCUS ON PRODUCING SPORTS CAR AND SUV THAT DELIVER EXCEPTIONAL PERFORMANCE AND DRIVING EXPERIENCES THEIR VEHICLES ARE DESIGNED TO APPEAL TO CAR ENTHUSIASTS AND INDIVIDUAL WHO VALUE PRECISION ENGINEERING
SPONSORSHIPS AND EVENTS
PORSCHE ENGAGES IN MOTORSPORTS AND SPONSORS VARIOUS RACING EVENTS SUCH AS THE PORSCHE CARRERA CAP AND THE 24 HOUR OF LE MANS BY PARTICIPATING IN MOTORSPORTS PORSCHE SHOWCASES TTS ENGINEERING PROWESS AND REINFORCES ITS REPUTATIONS FOR HIGH PERFORMANCE VEHICLES
CUSTOMER EXPERIENCE BUSINESS STRATEGY
PORSCHE PLACES A STRONG EMPHASIS ON DELIVERING EXCEPTIONAL CUSTOMER EXPERIENCES THEY PROVIDE PERSONALIZED SERVICES SUCH AS CUSTOMIZING VEHICLES TO INDIVIDUAL PREFERENCES AND OFFER EXCLUSIVE OWNERSHIP BENEFITS SUCH AS MEMBERSHIP IN THE PORSCHE CLUB PORSCHE AIMS TO CREATE A SENSE OF COMMUNITY AND LOYALTY AMONG ITS CUSTOMER CURVICES AUR APNE CUSTOMER The best way to take care of a customer is that if he has any problem, he will be able to provide services to his customers, so he will have to open his car service center as soon as possible. SO CUSTOMER DOES NOT HAVE TO GO LONG TIME TO GET HIS CAR REPAIRED
VISION & FEATURE OF PORSCHE CPMPANY
VISION OF PORSCHE COMPANY IS EXPANDING THEIR BUSINESS OF WHOLE WORLD AND YOU CAN GIVE THE VALUE FOR MONEY TO YOUR CUSTOMER AND MANUFACTUR YOUR CAR AS PER YOUR CUSTOMER’S NEED, BY WHICH PEOPLE CAN BUY MORE PORSCAHE CAR
PORSCHE COMPANY is known for its LUXURY and FAST SPEED and it comes in the list of PREMINIC CARS and to make its LUXURY even better it spends most of the money on its RESEARCH and DEVELOPMENT due to which the CUSTOMER gets SATISFACTION after buying the car
The main vision of PORSCHE COMPANY is to make its car FULLY AUTOMATIC and DRIVERLESS, by doing this the chances of accident can be reduced and the cost of driver can be saved.
PORSCHE COMPANY IS READY TO MANUFACTURE ITS OWN FULLY ELECTRIC CAR AND BY MAKING IT FULLY ELECTRIC THERE IS HUGE BENIFIT FOR BOTH CUSTOMER AND GOVERNMENT AND GOVERNMENT IS GIVING SUBSIDY FOR DESIGNING ELECTRIC CAR AND BRINGING ELECTRIC CAR IN THE MARKET WILL BE THE MOST GOOD ENVIRONMENT AND THERE WILL BE A LOT LESS POLLUTION
COMPATETOR ANALYSIS OF PORSCHE COMPANY
THE MAIN COMPETITOR OF PORSCHE COMPANY IS
- MERCEDES BENZ
- FARRARI
- JAGUAR
- ASTON MARTIN
- BENTLEY
- LAMBORGHINI
- LAXUS
- MASERATI
- ROOLS ROYCE
- KIA
- HUNDAI
- FORD
FINANCE ANALYSIS OF PORSCHE COMPANY
MAIN INCOME SOURCE OF PORSCHE COMANY
PORSCHE COMPANY IS THE MULTI- MILLION COMPANY TODAY AND THE MAIN INCOME SOURCE OF PORCHES COMPANY IS THE MANUFACTURE OF LARGE AMOUNT OF COMMERCIAL CAR ENGINE AND CAR PART MANUFACTURE AND The karta is to sell or to generate income through selling his car
MARKET CAP (NET-WORTH) OF PORSCHE COMPANY
NET ASSETS ON THE BALANCE SHEET AS OF AUG 2024 IS $66. 87 BILLION DOLLAR
ACCORDING TO THE LATEST FINANCE REPORT OF 1, AUGUST 2024 MARKET CAP (NET-WORTH)IS 66.87 BILLION DOLLAR AND PORSCHE COMPANY IS INCREASED BY 8% PER YEAR AND NO 6 MOST VALUABLE COMPANY IS THE WORLD
CANCLUSION
I am saying that you all would have liked this information about PORSCHE Company very much. When did this come, I have told you about its history in detail and after reading everything you all will come to know whether money has to be invested in this company or not and you will also get to know a lot.
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