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Porsche comes into the market from Germany. This company was found during the year 1931. It’s first designed product Volkswagen created records in the history and is a hit label even now. Porsche currently produces 911, Boxster and Cayman sport cars. It also proudly produces Cayenne Sport utility vehicles. This company is having the greatest idea of launching four-door Panamera in the middle of 2009 and the cars construction is undergoing its process.
Ferrari was said to be the tough competitor of Porsche. The rival company Ferrari gave a tough competition to Porsche as they both stayed in the field of race cars manufacture in different models. Porsche in the production of daily usage cars had the competition from BMW, Mercedes-Benz, Lotus, Maserati, Jaguar and Chevrolet Corvette. Porsche with the high end models never backed off for giving tough rivalry to its rival models.  The reasonable price of Porsche with latest features embedded in them made it stand ahead of its rival models.


Narration:
Professor Ferdinand Porsche was the founder of the company named as "Dr. ing. h. c. F. Porsche GmbH" This company was established by him during 1930 and it has its main office located at Kronestrabe 24 in the center of Stuttgart. The company first started motor vehicle development work and consulting for other companies.
With the help of German Government this company developed “Volkswagen” for people. The successful model of those times was Volkswagen Beetle which created millions of turnover for the company. This changed the life style of the company and they started producing their own cars. Porsche produced its first car Porsche 64 during 1939 and some of its components were used from Beetle. During World War II Volkswagen production was changed to military version of Volkswagen Beetle. Porsche ultimately designed heavy tanks during World War II. It created Tiger I and Tiger II. But the contract from Henschel and Son was lost. The design of Tiger I was not wasted and Porsche used its chassis in the manufacture of Elefant tank destroyer’s base tank.


Ferdinand Porsche who was the Chairman of Board of Management of Volkswagen and a Major of British was removed from his position and sent to jail regarding war crimes which were not proved later. Ferdinand Porsche during jail period planned to design his own car and that idea in his mind gave birth to 356 from sawmill in Austria. He showed the Prototype of the car to the German auto dealers and with enough Pre-orders its production was started.


1964:
After a series of success stories from motor-racing car “Porsche 550 Spyder” the company successfully introduced another hit model in the name of Porsche 911. It has the specifications of air cooled and rear engine. The engine used was 6-cylinder “boxer” engine. The team that designed this car was lead by Ferry Porsche's eldest son Ferdinand Porsche. The racing cars designed by this team were designated by the numbering sequence 904, 906 and 908. Though many cars were launched in the market, the racing car 911 stood in the leading position on a successful track. Boxster roadster created lots of records in the market with its model 911.


During 1990’s:
During 1990 Porsche made a memorandum with Toyota and learned the benefit from Japanese production models. At present Toyota is guiding Porsche with its hybrid technology. The introduction of Cayenne in 2002 made Porsche to start its production in Leipzig and Saxony. It accounted for Porsches half annual output.


After 2000:
In 2004 Porsche released 612 horsepower Carrera GT at Leipzig and was reputed as the most expensive model. After several years of Boxster service, 911 regained its position in North America and became the backbone of the company. In 2006 Porsche built 195 race cars for various motor sport events. In 2007 it constructed 275 cars approximately. According to 2007 year 911, Boxster, Cayman and Cayenne had a 2% increase in sales. This percentage later increased in 2008. Four-door Panamera model from Porsche is yet to come in the market.
 

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