What companies does Volkswagen own? Who owns Volkswagen

What companies does Volkswagen own? Who owns Volkswagen now? Volkswagen Group is a huge company and does not only own the car brand Volkswagen. Here are some other companies they own. Volkswagen is one of the top car companies in the world. In addition to manufacturing their own vehicles, they also own some other well-known brands. If you’re a Volkswagen vehicle owner or are interested in becoming one, it’s good to know what brands fall under the company’s umbrella.

But how many companies does Volkswagen own, and what should you know about them? Here are the brands that Volkswagen owns.

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What companies does Volkswagen own?

Volkswagen owns a variety of businesses, such as:

Volkswagen, Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, SEAT, koda, and Lamborghini are some of the automobile brands.
Commercial Automobiles
makers of commercial vehicles: Scania and MAN
Design firm: Italdesign Giugiaro Joint venture for electric car batteries: ACC (with BMW)
Porsche Engineering is a provider of engineering services.

One of the biggest automakers in the world, the Volkswagen Group offers a variety of vehicles under its brands, from affordable vehicles to high-end models. The group is also well-represented in the market for commercial vehicles.

Volkswagen is a multinational corporation with operations in more than 150 nations. Its main office is in Wolfsburg, Germany.

Is Mercedes owned by Volkswagen?

Volkswagen does not own Mercedes. Daimler AG, which is distinct from Volkswagen AG, is the parent company of the Mercedes-Benz division. Institutional and individual investors make up the majority of shareholders in Daimler AG, which is also a publicly traded firm.

Two of the biggest automakers in the world, Volkswagen and Daimler AG, engage in direct competition in numerous market categories. But the two businesses have also worked together on a variety of projects, including the creation of the HERE digital mapping platform.

2019 saw the launch of a joint venture between Volkswagen and Daimler AG to create and develop batteries for electric vehicles. Production for the joint venture, known as ACC, is anticipated to begin in 2025.

Does Volkswagen own Ferrari?

No, Ferrari is not owned by Volkswagen. Exor N.V., a holding company owned by the Agnelli family, is Ferrari’s largest stakeholder. Exor N.V. is a publicly traded company.

Volkswagen has previously indicated interest in buying Ferrari, but the Agnelli family has steadfastly resisted doing so. There were speculations that Volkswagen was considering buying Ferrari again in 2015, but these claims were never verified.

One of the most recognizable automakers in the world, Ferrari is well-known for its fast sports vehicles. The highest level of motorsport, Formula 1, is another activity in which the corporation is engaged.

Although it is a significant player in the automotive sector, Volkswagen is best known for its mass-market vehicles. Additionally, the business owns several luxury automobile brands, including Bentley, Audi, and Porsche.

What are the 10 brands of Volkswagen?

The following 10 brands are owned by the Volkswagen Group:

Audi
Bugatti Bentley
Ducati
Lamborghini
BMW Porsche SEAT
Škoda
Volkswagen
Volkswagen Business Automobiles

The Volkswagen Group is an international business with operations in more than 150 nations. Its main office is in Wolfsburg, Germany.

Who owns Volkswagen now?

The Porsche and Pich families’ holding company, Porsche SE, is the largest shareholder in Volkswagen AG, a publicly traded firm. Porsche SE has a controlling interest in Volkswagen as it holds 31.4% of the company’s shares.

Volkswagen’s other significant stockholders include:

Institutional foreign investors: 27%
10.5%: Qatar Holding LLC
11.8% for the State of Lower Saxony

The remaining Volkswagen shares are in free float, which implies that both individual and institutional investors own them.

It is crucial to remember that the Volkswagen Group has a convoluted ownership structure and that numerous other businesses hold sizable holdings in the organization.

For instance, Porsche AG and Volkswagen AG each share 31.4% of the Volkswagen Group, which controls 75% of Porsche AG. Due to the formation of a circular ownership structure, the Porsche and Pich families now have a substantial amount of influence over the Volkswagen Group.

So, to directly answer your question, Volkswagen is currently owned by a number of owners, with Porsche SE being the largest shareholder.

Is Volkswagen leaving Russia?

Volkswagen did indeed leave Russia. Volkswagen sold the Russian assets to the regional vehicle dealer firm Avilon in May 2023. This includes Volkswagen’s factory in Kaluga, Russia, which had a 225,000-vehicle annual production capacity.

Following the invasion of Ukraine, a larger trend of Western businesses withdrew from Russia, which included Volkswagen’s decision to exit. Herbert Diess, the CEO of Volkswagen, said the company could not “continue to do business as usual in Russia.”

Not just Volkswagen has abandoned its operations in Russia. BMW, Ford, General Motors, Mercedes-Benz, Nissan, Renault, and Toyota are additional automakers that have withdrawn from the Russian market.

The economic impact of Western automakers leaving Russia is significant. One of the biggest economic sectors in Russia is the automotive sector, which employs millions of people. The departure of Western automakers is also evidence of Russia’s growing economic isolation.

Do the Chinese own Volkswagen?

No, Volkswagen AG is not owned by the Chinese. The Porsche and Pich families’ holding company, Porsche SE, is the largest shareholder in Volkswagen AG, a publicly traded firm. Porsche SE has a controlling interest in Volkswagen as it holds 31.4% of the company’s shares.

In China, Volkswagen does have a big presence. Two joint ventures between the corporation and Chinese automakers exist: SAIC Volkswagen and FAW-Volkswagen. In China, these joint ventures manufacture and market Volkswagen automobiles.

Volkswagen acquired a controlling interest in Volkswagen Anhui, a joint venture with JAC Motors, in 2020. Focus will be placed on the creation and manufacturing of electric vehicles at Volkswagen Anhui.

Volkswagen is the most popular foreign automaker in China and sells more vehicles there than anywhere else. However, in none of its Chinese joint ventures does the corporation hold a controlling interest.

Therefore, Volkswagen AG is not owned by the Chinese.

Above is information about What companies does Volkswagen own? Who owns Volkswagen. Hopefully, through the above content, you have a more detailed understanding of companies does Volkswagen own. Thank you for reading our post.