Is Porsche Part Of Volkswagen [Explained]

You might be surprised to learn that the answer is yes. Porsche, the iconic German sports car manufacturer, has been a wholly owned subsidiary of Volkswagen since 2012. This raises some interesting questions about the relationship between these two companies. In this article, we’ll take a closer look at the history of Porsche and Volkswagen, and explore the implications of their current ownership structure.

Is Porsche Part Of Volkswagen

Yes, Porsche is a subsidiary of Volkswagen AG.

Also Read: What Is Volkswagen Known For

Is Porsche Part Of Volkswagen?

History of Porsche and Volkswagen

Porsche and Volkswagen have a long history together. In 1931, Ferdinand Porsche founded the Porsche engineering company, which designed and built cars for other manufacturers. In 1934, Porsche was commissioned by the Nazi government to develop a people’s car (Volkswagen in German). The Volkswagen Beetle was the result of this project, and it went on to become one of the most popular cars in history.

In 1964, Porsche introduced the 911, a sports car that has become an icon of automotive design. The 911 is still in production today, and it is one of the most successful sports cars ever made.

In 1969, Volkswagen acquired a controlling stake in Porsche. This was a controversial move at the time, as Porsche was seen as a more prestigious brand than Volkswagen. However, the acquisition has been a success, and both Porsche and Volkswagen have benefited from it.

Current Relationship Between Porsche and Volkswagen

Today, Porsche and Volkswagen are two separate companies, but they are closely linked. Volkswagen owns a 50.7% stake in Porsche, and Porsche owns a 20% stake in Volkswagen. The two companies share a common board of directors, and they cooperate on a number of projects.

Porsche and Volkswagen are both major players in the automotive industry. They produce a wide range of cars, from sports cars to family sedans. They are also involved in other businesses, such as motorsports and financial services.

Conclusion

Porsche and Volkswagen are two of the most iconic brands in the automotive industry. They have a long history together, and they are still closely linked today. Both companies are major players in the industry, and they are sure to continue to be successful in the future.