Quote:
Originally Posted by BMWILUVU
Quote:
Originally Posted by Red Bread
Except it didn't work that way. Porsche bought VW.
Porsche AG is headquartered in Stuttgart, and is owned by Volkswagen AG, which is itself majority-owned by Porsche Automobil Holding SE.
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VW Group owns all of the brands. Not the other way around. It may be a good thing for a VW to become like a Porsche but not the other way around. |
VW Group is the parent company, but it's controlled by Porsche SE. It's a convoluted deal, and as the previous post noted, in Germany 75% ownership is required for actual controlling interest, but in reality, the 51% share that Porsche owns is effectively in control of all decisions.
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