Iron Man Iron Man rolls in Audi's

[Hunter Rider]

Actually, VW owns Audi/Porsche/Lambo/Bugatti.

- Christopher

VW own Audi and Lambo but ive never heard of them owning Porsche unless that happened in the last 2 years

 

[Hunter Rider]

http://en.wikipedia.org/wiki/Volkswagen

Actually the only deal VW has with Porsche is they shared parts on an SUV recently but VW is a massive car maker compared to Porsche which could never own another company.

Corporate structure

Main article: Volkswagen Group

Volkswagen is part of the Volkswagen group, along with:

* Audi — the one remaining brand from the former Auto Union group —bought from Daimler-Benz in 1964.
* NSU — bought in 1969 by Volkswagen and merged into the Audi division, a brand not used since 1977
* SEAT — majority owned since 1987
* Škoda — bought in 1991
* Volkswagen Commercial Vehicles — started operations in 1995, VWCV is in charge of all Commercial Vehicle developments within the group.
* Bentley — bought in 1998 from Vickers along with Rolls-Royce -cannot produce cars using the Rolls-Royce marque because the trademarks went to BMW
* Bugatti — name bought in 1998
* Lamborghini — bought on June 12, 1998

 

[Frosty81]

http://en.wikipedia.org/wiki/Volkswagen

Actually the only deal VW has with Porsche is they shared parts on an SUV recently but VW is a massive car maker compared to Porsche which could never own another company.

Well, as of now Porsche owns a controlling share of VW stock and has warned them, "No more toys", (Bugatti).

- Christopher

 

[Hunter Rider]

Well, as of now Porsche owns a controlling share of VW stock and has warned them, "No more toys", (Bugatti).

- Christopher

Porsche doesn't own any stock in VW, Porsche is a sports car firm with nowhere near the wealth that VW has

 

[Hunter Rider]

http://uk.media.movies.ign.com/media/034/034317/vids_1.html

Vid of the car at SDCC

 

[Frosty81]

y DIANA T. KURYLKO | AUTOMOTIVE NEWS

AutoWeek | Published 01/10/07, 10:37 am et

DETROIT -- Volkswagen AG is a gold mine, but "you have to dig day and night," says Porsche AG CEO Wendelin Wiedeking.

With a 27.4 percent stake in VW, Porsche has a major interest -- a 4 billion euro investment, or $5.2 billion at current exchange rates -- in the automaker and stands to benefit from a stock price increase. Porsche is expected to increase its share of VW to 29.9 percent but doesn't want to "take over" Volkswagen or merge, says Wiedeking.

Wiedeking says he won't seek control beyond his responsibilities on the supervisory board. He is lobbying for another Porsche seat on the 20-member board -- the German equivalent of a board of directors. Porsche already has two seats.

"We want to keep Porsche completely independent of all VW brands" says Wiedeking.

But Porsche can benefit from VW's technology and work with the company in areas such as safety and electronics, Wiedeking says.

VW needs to improve its productivity and quality, Wiedeking says. But he says he thinks the automaker one day can rival Toyota Motor Corp.

Wiedeking would not comment on the fate of Wolfgang Bernhard, VW's brand chief. A VW supervisory board meeting today is slated to decide the fate of the executive. VW's future does not depend on an individual but, rather, on a management team, Wiedeking says.

As for the fate of the exotic brands Bugatti and Lamborghini -- which VW acquired under the leadership of former CEO Ferdinand Piech -- Wiedeking says "no toys anymore."