Do Volkswagen Own Ferrari

Volkswagen is one of the world’s largest automakers, while Ferrari is a luxury sports car manufacturer. So, it’s natural to wonder if the two companies are connected. The answer is no, Volkswagen does not own Ferrari.

Does Volkswagen Own Ferrari

No, Volkswagen does not own Ferrari.

Does Volkswagen Own Ferrari?

No, Volkswagen does not own Ferrari.

Ferrari is an Italian luxury sports car manufacturer that was founded in 1929. The company is headquartered in Maranello, Italy. Volkswagen is a German multinational automotive manufacturer that was founded in 1937. The company is headquartered in Wolfsburg, Germany.

History of Ferrari

Enzo Ferrari founded Ferrari in 1929 as Scuderia Ferrari, a racing team. The team was successful in Formula One racing, winning the Drivers’ Championship six times and the Constructors’ Championship eight times. In 1947, Ferrari began producing road cars. The first Ferrari road car was the 125 S.

History of Volkswagen

Volkswagen was founded in 1937 by the Nazi government of Germany. The company’s goal was to produce an affordable car for the German people. The first Volkswagen car was the Volkswagen Beetle. The Beetle was a very successful car and was produced for over 60 years.

Current Ownership of Ferrari

Ferrari is currently owned by Exor, an investment company controlled by the Agnelli family. Exor also owns Fiat Chrysler Automobiles, which owns Maserati and Alfa Romeo.

Current Ownership of Volkswagen

Volkswagen is currently owned by the Volkswagen Group, which is the largest automaker in the world. The Volkswagen Group also owns Audi, Porsche, SEAT, Škoda, and Bentley.

Conclusion

No, Volkswagen does not own Ferrari. Ferrari is an Italian luxury sports car manufacturer that is currently owned by Exor. Volkswagen is a German multinational automotive manufacturer that is currently owned by the Volkswagen Group.

Also Read: Does Volkswagen Make A Truck

FAQs

Does Volkswagen own Ferrari?

No, Volkswagen does not own Ferrari.

Are Volkswagen and Ferrari rivals?

No, Volkswagen and Ferrari are not rivals. In fact, they have a close partnership.

What is the relationship between Volkswagen and Ferrari?

Volkswagen and Ferrari have a close partnership. In 2015, Volkswagen acquired a 5% stake in Ferrari. In 2016, the two companies announced a joint venture to develop and produce electric vehicles.

What are some of the similarities between Volkswagen and Ferrari?

Both Volkswagen and Ferrari are luxury automakers with a long history of producing high-performance vehicles. Both companies are also known for their innovation and technological advancements.

What are some of the differences between Volkswagen and Ferrari?

Volkswagen is a larger automaker than Ferrari, with a wider range of products. Ferrari is more focused on high-performance sports cars, while Volkswagen also produces more mainstream vehicles.