What should I know before sell and buy Porsche stock?
Of course, to be able to analyse the share price properly before buying or selling Porsche stock, you first need to have a good knowledge of the company and its activities. That's why we're offering you a full presentation of the company, with details of its activities and its major sources of income.
The Porsche Automobil Holding SE is a German company that is 53.1% owned by the German Volkswagen Group, which is currently the world's leading car manufacturer in the passenger car and commercial vehicle segment, in particular with the brands Volkswagen, SEAT, Audi, SKODA, Bentley, Bugatti, Lamborghini, Porsche and Ducati, but also with Volkswagen Commercial Vehicles, Scania and MAN.
In addition, the group offers financial services with vehicle sales financing, car insurance and other services in this area.
Porsche SE also has holdings in various other companies as a holding company, which enables it to increase its sources of income. For example, it holds a 100% stake in the PTV Group, which specialises in the development of mobility solutions, an 11.7% stake in the US-based company Inrix, which specialises in the development of mobile traffic application solutions, and in the companies Markforged and Seurat, which specialise in the development of printing solutions.
Thanks to its worldwide reputation, Porsche has also provided consultancy services for many other brands in the past, including Studebaker, RUF Automobile GmbH, Seat, Daewoo, Mercedes-Benz, Peugeot, Lada, Audi and Subaru. The company is also responsible for the rebirth of the Harley-Davidson brand.
Photo credits: DennisM2