Does Volkswagen Make Porsche: (Get Answer)

Yes, Volkswagen does own Porsche.

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Does Volkswagen Make Porsche?

Volkswagen and Porsche are two of the most well-known car brands in the world. Both companies have a long history of producing high-quality vehicles, and they are both owned by the Volkswagen Group. However, many people are not aware that Volkswagen actually owns Porsche.

History of Volkswagen and Porsche

Volkswagen was founded in 1937 by the German government. The company’s goal was to produce an affordable car for the masses. The Volkswagen Beetle was the first car produced by Volkswagen, and it quickly became a global success.

Porsche was founded in 1931 by Ferdinand Porsche. The company’s first car was the Porsche 356, which was a sports car. Porsche continued to produce sports cars throughout the 1950s and 1960s.

In 1964, Volkswagen acquired a 50% stake in Porsche. In 1972, Volkswagen increased its stake in Porsche to 100%.

Volkswagen and Porsche Today

Today, Volkswagen and Porsche are two of the most successful car brands in the world. Volkswagen produces a wide range of vehicles, including cars, SUVs, and vans. Porsche produces high-performance sports cars and SUVs.

Both Volkswagen and Porsche are owned by the Volkswagen Group. The Volkswagen Group is one of the largest automakers in the world.

Conclusion

Volkswagen and Porsche are two of the most well-known and successful car brands in the world. Although they are two separate companies, they are both owned by the Volkswagen Group.

FAQs: Does Volkswagen Make Porsche?

Does Volkswagen own Porsche?

Yes, Volkswagen owns Porsche. Volkswagen acquired Porsche in 2012 for $5.6 billion.

What brands does Volkswagen own?

In addition to Porsche, Volkswagen also owns the following brands:

Audi
Bentley
Bugatti
Lamborghini
MAN
Scania
SEAT
Škoda

How many cars does Volkswagen sell each year?

Volkswagen sells over 10 million cars each year.

Where is Volkswagen headquartered?

Volkswagen is headquartered in Wolfsburg, Germany.

What is the largest Volkswagen car?

The largest Volkswagen car is the Volkswagen Touareg SUV.