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VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
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The German automotive concern, Volkswagen Group has, since the 1970s, developed a series of shared automobile platforms for their motor vehicles. [1] [2]Originally, these were identified using a simple alphanumeric system.
Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. [43] 25% of shares sold in an IPO of Porsche AG in 2022. Jetta: Joint venture with First Automotive Works created in 2019. Scout Motors Inc.: 100% ownership ...
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