3 ms·
It's not Volkswagen AG who took control of Bugatti and Rimac, it's Porsche. And Porsche is spinning out of VW and becoming independent again: https://capital.
by TacticalCoder 3y ago
It's not Volkswagen AG who took control of Bugatti and Rimac, it's Porsche.
And Porsche is spinning out of VW and becoming independent again:
https://capital.com/porsche-volkswagen-vw-demerger-spin-off https://capital.com/porsche-volkswagen-vw-demerger-spin-off
https://www.autoweek.com/news/green-cars/a36933399/did-porsche-just-take-over-rimac/ https://www.autoweek.com/news/green-cars/a36933399/did-porsc...
(answer is "yes" btw)
- jacooper 3y agoHuh, why would VAG just give up on Porsche like that? Especially that Porsche holdings owns a big part of VAG itself.
- hef19898 3y agoBecause the people controlling VW are the same that arw behind Porsche, namely the families Porsche and Piech.
- agloe_dreams 3y agoAh but Porsche is not Porsche but instead Porsche AG and Porsche SE. It is pure insanity in need of many flow charts.
- moberley 3y agoIndependent, except VW AG still holds a majority of the ordinary voting shares and the rest of the Porsche AG voting shares are held by the family holding company that also holds the controlling shares of VW AG. At the moment, the same person is also CEO of both companies.