Porsche is an independent car maker, one of the few remaining.


Most of the stock is owned by the Porsche family, but you can purchase Porsche stock also. I believe it's traded on the German exchange.


Interestingly, Porsche recently acquired 20% of the VW Auto Group in order to protect supply lines and keep VW from being taken over.

 

50% of Porsche (PAG) stock is owned by the Porsche & Piech families. Another 25% by institutional investors & the remaining 25% by private investors. The stock has done quite well over the past 2 years (see below) & its shares rarely change hands. I believe it is traded on the Frankfurt stock exchange. At the end of its last fiscal year Porsche was sitting on about $4.3 billion in liquid assets. With sales last year of almost $8 billion it's a large corporation by any measure. Of course, that was less than GM lost[/quote] in 2005.

<input width="550" type="image" height="216" src="/UserFiles/pag stock ownership(1).gif" />

<input width="455" type="image" height="435" src="/UserFiles/PAG stock price.gif" />

Edited by - lizardS on 02/05/2006 11:05:35 AM

 

You can find the whole story and everything on all of their cars in Excellence Was Expected by Karl Ludvigsen. It's a large three book setand isfascinating.

 

It appears to be traded on pink sheets under the symbol http://finance.yahoo.com/q?s=PSEPF.PK


Russ

 

Thank you, you have been very helpful. I am proud to own a carfrom a company which is primarily owned by the founding family. Unheard of today. and so refreshing to hear.





Mike