Porsche was founded in 1931 by Ferdinand Porsche, Adolf Rosenberger and Anton Piëch. The first Porsche sports car to go into series production was the Type 356 at the end of the 1940s, which adopted many elements of the Volkswagen but was designed to be much sportier. The Porsche 901 (later renamed the 911) was launched in 1964. The 911 is still central to the Porsche brand today. It has been further developed over many generations. However, it has remained true to the rear engine, even though this has been water-cooled since the 1990s. At the end of the 1960s, Porsche teamed up with Volkswagen to offer the VW-Porsche 914, which was followed around a decade later by the Porsche 924 as an entry-level sports car. With the 928, the company attempted to gain an even stronger foothold in the GT and luxury sports car market, but later returned to its roots, i.e. the 911 models. With the Type 996 and the Boxster built in parallel, which was later joined by the Cayman, production volumes were significantly increased. With the construction of SUVs and saloons, however, completely new dimensions were reached. Porsche was doing so well in the decade that it even considered buying Volkswagen. In 2022, Porsche went (partially) public.