Who is the current owner of Volkswagen?
The Volkswagen owner is Volkswagen Aktiengesellschaft. In America, the production and sale of Volkswagen vehicles are managed by Volkswagen Group of America, a subsidiary of the Volkswagen Group. Since the late 2000s, it has been a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family.Its members control Porsche SE and have a majority voting right over Volkswagen AG, the largest automaker in the world. The Porsche family headquarters are in the Austrian town of Zell am See.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.
Who is the new CEO of Volkswagen?
Wolfsburg/Reston, Va. November 19, 2024 — The Volkswagen Group appoints Kjell Gruner as CEO of Volkswagen Group of America effective December 12. Volkswagen AG’s Supervisory Board appoints Oliver Blume as CEO until the end of 2030. Wolfsburg. Oliver Blume will remain at the helm of the Volkswagen Group in the coming years.
Is Porsche 100% owned by VW?
The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE, usually shortened to Porsche SE. Porsche’s current lineup includes the 911, Panamera, Macan, Cayenne and Taycan. 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).Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A wholly owned subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.On 30 May 2000, after having gradually raised its equity share, Volkswagen AG took over the full ownership of Škoda Auto, making the company a wholly owned subsidiary.