Is Porsche Owned By Volkswagen [Explained]
You might be surprised to learn that the answer is yes. But it’s not as simple as it seems. Here’s a brief overview of the history of Porsche and Volkswagen, and how the two companies came to be under the same umbrella.
Is Porsche Owned By Volkswagen
Yes, Porsche is a subsidiary of Volkswagen AG.
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Is Porsche Owned By Volkswagen?
History of Porsche and Volkswagen
Porsche and Volkswagen have a long history together. In 1964, Volkswagen acquired a 50% stake in Porsche. In 1972, Volkswagen increased its stake to 100%. Today, Porsche is a wholly owned subsidiary of Volkswagen.
Porsche and Volkswagen Today
Porsche and Volkswagen are two of the most successful automakers in the world. Porsche is known for its high-performance sports cars, while Volkswagen is known for its affordable and efficient vehicles.
Despite their different brands, Porsche and Volkswagen share many similarities. Both companies are headquartered in Germany, and both companies have a strong focus on engineering and quality.
Conclusion
Porsche and Volkswagen are two of the most iconic brands in the automotive industry. Their long history together has helped to make them both successful.