whitex
Well-Known Member
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VW owns an controls a lot of Porsche AG. This however does not entitle Porsche AG to use VW resources for free.Technically the Porsche family owns controlling stake in VW, but VW overall still owns Porsche. Their IPO was for non voting shares and did not spin them off. Edit to add: https://www.reuters.com/breakingviews/porsche-ipo-leaves-vw-stock-skoda-territory-2022-09-30/
EDIT: The percentages I provided before was Porsche SE (not AG) ownership of VW.
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