Porsche is one of the most exciting names in the automobile industry. It has a long tradition of producing luxury, high-performance sports cars and has more recently entered the SUV and sports saloon markets. The company was founded by Ferdinand Porsche in 1931. Herr Porsche is also responsible for designing the Volkswagen Beetle, the world’s best-ever selling car. Today, Porsche is still the majority shareholder in Volkswagen. The first Porsche car was the Porsche 64, developed in 1939. Iconic cars such as the Boxster and 911 have been icons for generations and are the most popular sports cars in the world. Each Porsche car has the logo of a powerful horse and three sets of deer antlers – a reference to the coat of arms of its production base of Stuttgart.