Porsche/Volkswagen?
 

Hey everyone,
I've always heard that the Volkswagen, in addition to Audi, Lambroghini, Bugatti, and several other manufacturers, also owns Porsche. I have however never been able to confirm it in writing that Porsche is under Volkswagen except for from many different people, and dealerships. If anyone knows the truth (don't just make something up), please post on it!

Thanks,
Greg

RE: Porsche/Volkswagen?
 

Porsche and Volkswagen do not have an organizational business relationship — that is, Porsche is not a subsidiary of Volkswagen (or vice versa), and the two brands are not owned by the same company. They do however share quite a bit of history and have worked together on many occasions.

* Porsche's founder, Ferdinand Porsche, was an engineer who helped design the first Volkswagen. His son Ferry launched the automaking business of Porsche.
* Ferdinand Piëch, grandson of Ferdinand Porsche, was the president of Volkswagen from 1992 to 2002.
* Porsche, VW and Audi (which is a subsidiary of Volkswagen) share many parts and use the same numbering system.
* The two companies collaborated on the VW-Porsche 914, which debuted in 1969. The 914 was deemed a failure by most observers, but the companies collaborated again on the Porsche 924 (1976).
* The Porsche Cayenne and the VW Touareg SUVs were jointly developed.

Volkswagen owns Lamborghini, Audi, Bentley and Bugatti, but not Porsche.
http://ts4designs.com/carworld.jpg