Does Porsche now own Volkswagen?

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  • Does Porsche now own Volkswagen?


Answer #1 | 03/11 2013 12:42
VW as a corporation owns Porsche ( Dr. Ing. h.c. F. Porsche AG) as a car manufacturing subdivision. Like GM owns Chevy, Buick and GMC trucks. Porsche as a bigger corporation (Porsche Automobil Holding SE) owns the majority of VW stock. Same names, different "companies." Kind of confusing.
Positive: 66.666666666667 %
Answer #2 | 03/11 2013 01:41
They did for about a week. Then the deal didn't go through and VW owns porsche again/still.
Positive: 50 %
Answer #3 | 03/11 2013 01:07
Last I knew, VW bought Rolls Royce. They probably bought part of Porche also.
Positive: 50 %
Answer #4 | 03/11 2013 08:18
These firms were entirely separate, although Porsche owned a non-controlling interest in VW. With a change in German law a few years ago it became possible for Porsche to legally buy controlling interest in VW ... and Porsche did try to do that using a scheme based on controlling VW stock futures. That scheme failed, and so David did not manage to buy Goliath (VW is one of the largest vehicle makers on the planet; Porsche is a relatively small boutique car maker). Recently the purchase of controlling interest in Porsche by VW Group was completed and VW does now own Porsche ... along with Bentley, Lamborghini, Audi, and others. The idea that VW has always owned Porsche is wrong.
Positive: 50 %
Answer #5 | 02/11 2013 20:09
Nope. Other way around. VW AG purchased 49.9 % of Porsche in 2009. In August 2012, VW completed the buyout and now owns 100% of Porsche AG.
Positive: 50 %
Answer #6 | 06/11 2013 12:25
VW recently purchased Porsche. VW does NOT own Rolls-Royce, instead BMW owns it. VW owns Bentley. There's considerable misinformation here.
Positive: 50 %
Answer #7 | 04/11 2013 23:04
In terms of stock, Porsche has not always owned Volkswagen. But in terms of blood and soul, the Porsche family has always and will probably continue to "own" VW.
Positive: 50 %

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