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Top shareholders of Porsche AGVolkswagen AG

Posted: Thu Jan 23, 2025 4:11 am
by sumona
Volkswagen AG is a German multinational automobile corporation headquartered in Wolfsburg, Lower Saxony. It is the world's largest automobile manufacturer in terms of revenue and market capitalization.

Volkswagen AG owns a 75.01% stake in Porsche AG and several other automotive brands, including Audi, Bentley, Bugatti, Lamborghini and SEAT. This stake is held through Porsche Automobil Holding SE, a German holding company controlled by the Porsche and Piech families.

Porsche Automobile Holding SE
Porsche Automobil Holding SE (Porsche SE) owns a 12.08% stake in Porsche AG. Porsche Automobil usa real mobile phone number list Holding SE is a German holding company that owns a majority stake in Porsche AG. It is also the parent company of Porsche Cars North America, Inc., responsible for the sales and marketing of Porsche vehicles in the United States. The Porsche and Piech families founded the holding company Porsche SE in 2007.

The company primarily aims to preserve the families' interests in Volkswagen AG and Porsche AG. Porsche SE's stake in Porsche AG gives the Porsche and Piech families considerable influence over the company. The families can appoint a majority of the members of the Porsche AG board of directors and veto certain decisions. However, the families do not have the same control over Porsche AG as Volkswagen AG.