Who owns Volkswagen right now?

Who owns Volkswagen right now?

Volkswagen is owned and managed by Volkswagen Aktiengesellschaft, or Volkswagen AG. Volkswagen Group The German car giant Volkswagen Group is the owner of many well-known vehicle brands. Volkswagen currently holds a majority share in Audi, Scania, and Porsche, and also wholly owns Skoda Auto, Lamborghini, and Ducati. The Volkswagen Group is headquartered in Wolfsburg, Germany.Ducati became the eleventh brand in the Volkswagen Group portfolio on July 19, 2012.Since 2012, the Company is part of the Volkswagen Brand portfolio directly controlled by Audi.

Is Porsche owned by Volkswagen?

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). 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 718 Boxster, 911, Panamera, Macan, Cayenne and Taycan.Porsche AG, part of the Volkswagen Group, makes Porsche cars. Based in Zuffenhausen, Germany, a suburb of Stuttgart, Porsche makes a variety of luxury sports vehicles, electric sports cars, and SUVs. Ferdinand Porsche founded the company in 1931. In 2023, the Porsche 911 hit a milestone year of 60 years old.

What’s better, Audi or VW?

Engines and performance Audi has more performance models than Volkswagen, with almost every Audi model offering a hotted up S and/or RS model. Surprisingly, some of Audi’s recent S models have been diesel-powered, giving you a high-torque, high-power car that’ll also manage reasonable fuel economy on a long trip. Actually, if you’re not clued up on cars you might not have realised that both are part of the wider VW Group, given how different an Audi feels and looks to an equivalent Volkswagen. Audi and VW both have their own styling and engineering teams, and Audi cars are generally a little more premium.

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