Is Toyota owned by VW?
Toyota Motor Corp. Japan) owns Lexus and Toyota. And it has a stake in Subaru and Suzuki. VinGroup (Vietnam) owns the VinFast automotive brand, as well as VinHomes, VinBigData, VinBioCare, and VinBrain. Volkswagen AG (Germany) owns Audi, Bentley, Cupra, Lamborghini, Porsche, Scout, SEAT, and Volkswagen. Volkswagen Group currently owns twelve brands, including Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Audi, Porsche, and MAN in Germany, SEAT in Spain, Škoda in the Czech Republic, Bentley in the United Kingdom, Lamborghini and Ducati in Italy, Bugatti in France, and Scania in Sweden.The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services.While Volkswagen does offer some higher-end models with more premium features, the brand as a whole is positioned as a mainstream automaker rather than a luxury brand.In 2024, the total German new car market was only 2,817,331 vehicles strong. The best-selling car brand in Germany was again Volkswagen with the VW Golf the top-selling car model.
What 12 companies are owned by Volkswagen?
Volkswagen Group currently owns twelve brands, including Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Audi, Porsche, and MAN in Germany, SEAT in Spain, Škoda in the Czech Republic, Bentley in the United Kingdom, Lamborghini and Ducati in Italy, Bugatti in France, and Scania in Sweden. The Volkswagen Group has its headquarters in Wolfsburg, Germany. It operates globally and has 115 production facilities in 17 European countries and ten countries in North and South America, Asia and Africa.Amongst the three largest auto manufacturing groups based in Germany, Volkswagen Group produced the most revenue from worldwide operations in 2024 with nearly 325 billion euros generated.
Is Porsche 100% owned by VW?
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. There’s no hidden mystery here: Volkswagen is owned by Volkswagen Aktiengesellschaft, also known simply as Volkswagen AG.