Porsche has taken over Volkswagen
Porsche now owns 50.76 percent of Volkswagen.
OneShift Editorial Team
07 Jan 2009
The German sports car manufacturer owned 42 percent of Volkswagen last year when their efforts to increase their shareholdings were stymied when Volkswagen share prices hit 1,000 Euros per share.
Because of Porsche's 50.76 percent ownership in Volkswagen, they are now required by Swedish laws to make an offer for all outstanding Scania shares. Volkswagen is the majority shareholder in the heavy truck manufacturing company.
Porsche's goal in 2009 is to raise its stake in Volkswagen to 75 more than 75 percent, thus giving it total control over the group.
Credits: JRC
Sell your car at the highest price in Singapore
Convenient and Hassle-Free- Consumer Protection
Transparent Process
With No Obligation
Sell your car at the highest price in Singapore
Get the Best Price for your used car
from 500+ dealers in 24 hours
Other Articles
Explore more
BMW i5 Touring eDrive40 M Sport Review: Consummate All-Rounder
The i5 Touring is well worth the $10k premium over its sedan counterpart.
Lotus Emira 2.0 First Edition Review: The Last Bastion of the Chapman Spirit
Lotus’ last petrol-driven sports car offers a wider breadth of abilities than ever before, but at a hefty price tag.
I lived a day as a REFASH delivery driver with the SRM T3EV
I didn’t mind it with the SRM T3EV, which made it effortless and actually enjoyable to do.
Volkswagen Group Singapore Launches Aftersales Enhanced Warranty Package
VGS ensures that only new genuine parts are used as replacement components.
We Answer The Most Asked Questions About Car Scrapping In Singapore
Deregistering your vehicle can be a fuss free affair only if answers to these queries are addressed!
There’s A New BMW Showroom In Singapore
Flagship showroom in Alexandra Road is the largest BMW Retail.Next facility in town.
BMW i5 Touring eDrive40 M Sport Review: Consummate All-Rounder
The i5 Touring is well worth the $10k premium over its sedan counterpart.
Lotus Emira 2.0 First Edition Review: The Last Bastion of the Chapman Spirit
Lotus’ last petrol-driven sports car offers a wider breadth of abilities than ever before, but at a hefty price tag.
I lived a day as a REFASH delivery driver with the SRM T3EV
I didn’t mind it with the SRM T3EV, which made it effortless and actually enjoyable to do.
Related Articles
Porsche Panamera Turbo S E-Hybrid And Panamera GTS Revealed
Deliveries in Singapore will commence towards the end of 2024.
Local News
4-Seater Lexus LM 500h Launched In Singapore
Occupants get to enjoy noise reduction technology and a retractable glass partition with dimming function - now that’s ultra luxury.
Local News
All-New Skoda Kodiaq Is More Spacious Than Ever
Flagship SUV is also sleeker, more efficient and better equipped than its predecessor.
Local News
