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Oct 26, 2009 · The purchases are first revealed in mid-2005, when Porsche shocks the financial world with the announcement that it plans to acquire more than 20 percent of the VW Group and become the largest...
- Volkswagen
- 1 min
Volkswagen Group – a company whose relationship with Porsche goes back to the 1930s, when Ferdinand A. Porsche was the lead engineer on the Beetle project for the VW – owns 75 per cent of Dr. Ing. h.c. F. Porsche AG (the full title of the Porsche company in charge of vehicle manufacture).
Jul 30, 2021 · In 2005, Porsche SE (A German holding company owned by the founding family of Ferdinand Porsche with investments in the automotive industry) began taking a stake in Volkswagen group, continuing until both it and the government had veto rights, with Porsche owning 25.1% by 2006.
- Madelyn May
Technically, yes. Porsche and Volkswagen merged in 2011. At that time, Porsche was designated a subsidiary of Volkswagen AG (interestingly, besides being the Porsche parent company, VW also owns Audi, Bugatti, and Lamborghini). So, from that standpoint, Volkswagen AG is the company who owns Porsche.
Sep 6, 2022 · VW Group announced its intention to float sports car maker Porsche on Monday, marking a new phase in a sometimes fraught relationship between the two auto brands that goes back decades.
Dec 8, 2021 · Unfortunately, they wouldn’t have access to the cash until ownership reached 75%. Now the world realized the Porsche family was 10 billion Euros in debt, and this triggered their last-ditch...
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Sep 6, 2022 · July - Volkswagen agrees to buy the remaining 50.1 percent stake in Porsche AG from Porsche SE for about 4.5 billion euros. Porsche AG, the carmaker, is now fully owned by Volkswagen AG, while ...
