|
Originally Posted by snacky
correct me if I'm wrong, my understanding is that VW owns audi as a subsidiary as ford owns lincoln/mercury.
|
That's correct. VAG (Volkswagen AG) sits on top. Below VAG the hierarchy looks like this:
Volkswagen Group - Volkswagen, Skoda, Bugatti and Bentley
Audi Group - Audi, Seat and Lamborghini
|
Originally Posted by snacky
also, former audi chairman piech is porsche's grandson.
|
That could be correct. 50% of the shares in Porsche AG is owned by the Piëch and Porsche families. I wasn't aware anyone from those families had anything to do with Audi though.