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porsche family.....
Posted by markP [Email] (more from markP) on Tue, 27 Sep 2005 19:26:22
In Reply to: They have a long and twisted relationship, Noel, Tue, 27 Sep 2005 14:46:31
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From the website "http://www.grandprix.com":
"In 1934 as his father established the new Volkswagen company, Ferry became head of testing for the new company and later manager of the Porsche research department at Zuffenhausen. In 1940 he became his father's deputy and, after Ferdinand was arrested by the French, Ferry took over the company and moved it to Gmund where work began to produce the first Porsche car, based on the Volkswagen. The first Porsche 356 was finished in June 1948 and went into production soon afterwards.
In 1949 Ferry Porsche did a deal with Volkswagen for the supply of parts for the car. VW agreed to pay Porsche a royalty on every Volkswagen Beetle that was produced and the family became the sole importer of Volkswagens in Austria."
posted by 64.241.204...
Porsche history
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