Manufacturer : Porsche
Productions : 1948
Source : netcarshow.com
The contract Ferry Porsche concluded with the Managing Director of Volkswagenwerk on 17 September 1948 on the supply of VW parts and the use of VW’s distribution network clearly shows that Ferry Porsche was not only an outstanding engineer, but also a far-sighted businessman and entrepreneur: Ferry Porsche and Nordhoff agreed that VW was to pay a licence fee to Porsche for every Beetle built, since, after all, the car had been developed by Porsche before the war. The second important decision was the foundation of Porsche-Salzburg Ges.m.b.H. as a central office for the management of Volkswagen imports, sales and customer service in Austria. These agreements with Volkswagenwerk, already a major manufacturer at the time, gave Porsche the security the young company needed, particularly in financial terms. And it set the foundation for the ongoing development of Porsche KG as a manufacturer of sports cars.
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