Porsche preferred Share certificate, Stuttgart 2001 with figure of Ferdinand Porsche and his son Ferry Porsche Ferdinand Porsche founded the company called "Dr. Ing. h. c. F. Porsche GmbH" in 1931,[3] with main offices at Kronenstraße 24 in the centre of Stuttgart.[4] Initially, the company offered motor vehicle development work and consulting,[3] but did not build any cars under its own name. One of the first assignments the new company received was from the German government to design a car for the people, that is a "Volkswagen".[3] This resulted in the Volkswagen Beetle, one of the most successful car designs of all time.[5] The Porsche 64 was developed in 1939 using many components from the Beetle. Dr. Ing. h.c. F. Porsche AG Porsche Aktiengesellschaft Industry Automotive Founded Stuttgart, Germany (1931; 86 years ago) Founder Ferdinand Porsche Headquarters Stuttgart, Baden-Württemberg, Germany Area served Worldwide Key people Wolfgang Porsche, Chairman Oliver Blume, CEO Services Automotive financial services, engineering services, investment management Revenue Increase €21.533 billion (2015 annual report) Operating income Increase €3.404 billion (2015 annual report) Profit Increase €2.335 billion (2015 annual report) Total assets Increase €29.143 billion (2015 annual report) Total equity Increase €10.700 billion (2015 annual report) Owner Volkswagen Group Number of employees 24,481 (2015 annual report) Subsidiaries Mieschke Hofmann und Partner (81.8%) Porsche Consulting group International shipping + tracking no.