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Thread: Who owns Who in the Auto Industry

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  1. #1
    IA Member Congogrey's Avatar
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    Quote Originally Posted by 81911
    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.
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  2. #2
    Stops the Resistance 81911SC's Avatar
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    Quote Originally Posted by Congogrey
    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

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