Is Porsche 100% owned by VW?
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. In May 1937, Adolf Hitler’s party founded a state-owned company that was later named Volkswagen, or ‘The People’s Car Company’. Hitler himself asked Ferdinand Porsche, founder of the Porsche car company, to design it.For instance, the Mercedes Benz-770, also known as the Großer Mercedes (large Mercedes), a luxury car built by the company from 1930 to 1943 was the preferred choice of ride for Hitler.