Who are the shareholders of Porsche?

Who are the shareholders of Porsche?

Porsche is both owned by and an owner of Volkswagen Group and vice versa. Here’s a look into how this strange hierarchy happened and what is now housed beneath the massive Volkswagen umbrella.

What company owns Volkswagen?

Porsche SE
Volkswagen Group/Parent organizations

How many shareholders does Volkswagen have?

Volkswagen Group

Headquarters in Wolfsburg
Owners Porsche SE: 31.4% of equity, 53.3% of votes (as of 31 December 2020) State of Lower Saxony: 11.8% of equity, 20% of votes (as of 31 December 2020) QIA: 14.6% of equity, 17% of votes (as of 31 December 2020)
Number of employees 307,342 (salaried employees) (2020)

Who owns the most shares in Volkswagen?

Shareholder Structure

  • 31.4% Porsche Automobil Holding SE.
  • 25.9% Foreign institutional investors.
  • 14.6% Qatar Holding LLC.
  • 11.8% State of Lower Saxony.
  • 12.9% Private shareholders/Others.
  • 3.4% German institutional investors.

Who is the owner of Audi?

Volkswagen Group
Audi/Parent organizations

Who is the CEO of Volkswagen?

Herbert Diess (Apr 2018–)
Volkswagen Group/CEO

Who are the largest shareholders of Volkswagen AG?

The shareholder structure of Volkswagen AG as of December 31, 2018 is shown in the chart on this page. The distribution of voting rights for the 295,089,818 ordinary shares was as follows at the reporting date: Porsche Automobil Holding SE, Stuttgart, held 52.2% of the voting rights. The second-largest shareholder was the State of Lower Saxony,

What is the organizational structure of Volkswagen Group?

ORGANIZATIONAL STRUCTURE OF THE GROUP The Volkswagen Group is one of the leading multibrand groups in the automotive industry. The Company’s business activities comprise the Automotive and Financial Services divisions.

Why did Volkswagen merge its financial services business?

The Financial Services business has been combined into a single unit. This prepares the Volkswagen Group for a management structure that is simpler, leaner and more effective, and strengthens the brands, giving them more autonomy.

Who is responsible for electricity in Volkswagen Group?

In the electricity sector, Volkswagen AG generates, sells and distributes electricity together with a Group subsidiary. Volkswagen AG’s Board of Management is the ultimate body responsible for managing the Group.