Who owns Who in the Auto Industry

[Congogrey]

ya acura and infinity.. and i could of sworn vw owned porsche..

No, VW does not own Porsche but they were both started by Dr. Ferdinand Porsche and continue to have very close relationship. In fact Dr. Ferdinand Porsche's grandson (Ferdinand Piech) was the president of VW until 2002.

Also, in late 2005 the Porsche and Piech families started to aquire VW shares and now they own just over 25%. So in some way Porche owns part of VW. But it is not corporate shares just the private families controlling both companies.

[Frög]

No, VW does not own Porsche but they were both started by Dr. Ferdinand Porsche and continue to have very close relationship. In fact Dr. Ferdinand Porsche's grandson (Ferdinand Piech) was the president of VW until 2002.

Also, in late 2005 the Porsche and Piech families started to aquire VW shares and now they own just over 25%. So in some way Porche owns part of VW. But it is not corporate shares just the private families controlling both companies.

oh ya i remeber now.. my dad told me that.. i forgot..

[81911SC]

Porsche now owns 29.9 % of VW any more and they would have to have a total takeover. Ferdinand did not start VW he just met with Adolf and designed the Bug

[Congogrey]

Porsche now owns 29.9 % of VW any more and they would have to have a total takeover. Ferdinand did not start VW he just met with Adolf and designed the Bug

Currently, Porsche AG (the Porsche and Piech Families) are the single largest shareholder of VW AG. They currently have veto power and Ferdinand Piech still sits on the VW board of directors.

Of course if you want to put your tin foil hat on, we can have another discussion on why Audi under Ferdinand Piech developed the R8 to directly compete with the 911.

[81911SC]

Of course if you want to put your tin foil hat on, we can have another discussion on why Audi under Ferdinand Piech developed the R8 to directly compete with the 911.

I think I have an idea