Volkswagen Group, through it subsidiary Lamborghini Holding S.p.A., had acquired a 9% stake in the Italian automotive design house Italdesign Giugiaro.As automakers slim down to become more profitable and efficient, a number of changes have been made in recent years. We have seen storied names, such as Hummer, Mercury, and Pontiac, fade away into the history books. Our activities may focus on the automobile, but the Volkswagen Group is far more than just a carmaker. A wide variety of mobility-related services round off our portfolio.Volkswagen already owns part of Porsche, the deal will be classified as a restructuring to avoid billion euros in taxes that usually follow a merger or acquisition.
Volkswagen Group, the free encyclopedia
AUDI AG is a German company which produces cars under the Audi brand. It is part of the Volkswagen Group.
There has been a lot of anecdotal evidence about carmakers using these defeat devices. All credit to the EPA for investigating and finding the truth.Rolls-Royce and Bentley were both owned by aircraft-engine manufacturer Vickers PLC until 1998. Volkswagen outbid BMW for both brands, but because BMW had been supplying engines and other parts to Rolls-Royce, it leveraged that relationship to secure some of the Rolls-Royce trademarks, including the brand name and logo, leaving VW without access to key Rolls-Royce assets. Porsche, Audi and Bentley - have posted record sales helped by new model launches and a recovery in the global car market.
Porsche's deliveries jumped 15%, Audi's % and Bentley posted a growth of 19% in 2from a year earlier.
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