Do Volkswagen Own Porsche: [Answered]

Yes, Volkswagen does own Porsche.

Do Volkswagen Own Porsche?

History of Volkswagen and Porsche

Volkswagen and Porsche have a long and intertwined history. Both companies were founded in the early 20th century, and both have a strong focus on performance and engineering. In 1964, Volkswagen acquired a 50% stake in Porsche, and in 2009, it increased its stake to 100%.

Volkswagen’s ownership of Porsche

Volkswagen’s ownership of Porsche has had a number of benefits for both companies. Volkswagen has been able to use Porsche’s expertise in performance and engineering to improve its own products, while Porsche has benefited from Volkswagen’s financial resources and global reach.

Porsche’s continued independence

Despite being owned by Volkswagen, Porsche has maintained its independence. Porsche continues to operate as a separate company, and its products are sold under the Porsche brand.

Benefits of Volkswagen’s ownership of Porsche

There are a number of benefits to Volkswagen’s ownership of Porsche. These include:

Improved performance and engineering: Volkswagen has been able to use Porsche’s expertise in performance and engineering to improve its own products. This has resulted in a number of new and improved models, such as the Volkswagen Golf R and the Volkswagen Tiguan R.

Increased global reach: Porsche’s global reach has helped Volkswagen to expand its sales in new markets. This has been particularly beneficial for Volkswagen in China, where Porsche is one of the most popular luxury brands.

Increased financial resources: Volkswagen’s financial resources have helped Porsche to invest in new products and technologies. This has allowed Porsche to remain at the forefront of automotive innovation.

Conclusion

Volkswagen’s ownership of Porsche has been a mutually beneficial relationship. Volkswagen has been able to use Porsche’s expertise to improve its own products, while Porsche has benefited from Volkswagen’s financial resources and global reach. This relationship is likely to continue for many years to come.

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FAQs: Do Volkswagen Own Porsche

Does Volkswagen own Porsche?

Yes, Volkswagen has owned Porsche since 2012.

When did Volkswagen buy Porsche?

Volkswagen acquired a 50% stake in Porsche in 2009 and completed the full acquisition in 2012.

Why did Volkswagen buy Porsche?

Volkswagen bought Porsche to gain access to its sports car technology and to expand its luxury brand portfolio.

What brands does Volkswagen own?

In addition to Porsche, Volkswagen owns a number of other brands, including Audi, Bentley, Lamborghini, Bugatti, and Ducati.

What is the future of Volkswagen and Porsche?

Volkswagen and Porsche are planning to work together to develop new electric and hybrid vehicles.