Does VW own 100% of Audi?
A wholly owned subsidiary of the volkswagen group, audi produces vehicles in nine production facilities worldwide. The origins of the company are complex, dating back to the early 20th century and the initial enterprises (horch and the audiwerke) founded by engineer august horch. The development of the porsche 914 was a joint effort by porsche and volkswagen and, from the model year 1970, the vehicle was the new entry-level porsche model.Porsche (Majority Owned – ~75%) Yes — Porsche is part of the Volkswagen Group. VW owns around 75% of Porsche AG, making it one of the group’s most profitable subsidiaries.Relationship with Volkswagen The two companies collaborated in 1969 to make the VW-Porsche 914 and 914-6, whereby the 914-6 had a Porsche engine, and the 914 had a Volkswagen engine.