Porsche Latin America is a subsidiary of Porsche AG, which is a company based in Germany. Established in 2000, Porsche Latin America is responsible for handling operations of the parent company in the Latin American region. Porsche AG manufactures various models of sport utility vehicles, such as the Porsche, Boxster, Cayman, Cayenne, 911 and Carrera GT. The parent company also provides consulting, engineering and information technology services. Porsche AG is involved in the design and development of vehicles with biofuel and direct fuel injection technologies. The company manufactures vehicles that can be recycled. Porsche AG also specializes in the manufacture of petrol-electric hybrid system cars.