Did Porsche buy Audi?

Did Porsche buy Audi?

Porsche and Volkswagen merged in 2011. At that time, Porsche was designated a subsidiary of Volkswagen AG (interestingly, besides being the Porsche parent company, VW also owns Audi, Bugatti, and Lamborghini). So, from that standpoint, Volkswagen AG is the company who owns Porsche. Volkswagen Group The German car giant Volkswagen Group is the owner of many well-known vehicle brands. Volkswagen currently holds a majority share in Audi, Scania, and Porsche, and also wholly owns Skoda Auto, Lamborghini, and Ducati. The Volkswagen Group is headquartered in Wolfsburg, Germany.Grupo Volkswagen controls Bugatti, Bentley, Audi, Porsche, and Lamborghini. Meanwhile, Tata Motors owns Jaguar and Land Rover, both acquired in 2008. This highlights how major automotive conglomerates oversee some of the world’s most prestigious brands.

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