The current Porsche model range includes sports cars from the Boxster roadster to their most famous product, the 911. The Cayman is a hard top car similar to the Boxster. The Cayenne is Porsche’s mid-size luxury sport utility vehicle. A high performance luxury saloon/sedan, the Panamera, was launched in 2009. On July 2012, it was announced that Volkswagen AG was taking over the Porsche automotive company completely, which bears the same name, but is only a subsidiary of Porsche SE.
The company has always had a close relationship with, initially, the Volkswagen marque, and later, the Volkswagen Group, because the first Volkswagen Beetle was designed by Ferdinand Porsche. The two companies collaborated in 1969 to make the VW-Porsche 914 and 914-6, whereby the 914-6 had a Porsche engine, and the 914 had a Volkswagen engine, in 1976 with the Porsche 912E and the Porsche 924, which used many Audi components, and was built at Audi’s Neckarsulm factory. Porsche 944s were also built there, although they used far fewer Volkswagen components. The Cayenne, introduced in 2002, shares its entire chassis with Volkswagen Touareg and Audi Q7, which is built at the Volkswagen Group factory in Bratislava.
Porsche is the most successful brand in motorsport, scoring a total of more than 28,000 victories, including a record 16 constructor wins at the 24 Hours of Le Mans. Porsche is currently the world’s largest race car manufacturer. In 2006, Porsche built 195 race cars for various international motor sports events. In 2007, Porsche is expected to construct no fewer than 275 dedicated race cars.