Porsche Automobil Holding SE holds a stake of 52.2 percent of the ordinary shares of Volkswagen AG. As a consequence, the stake of subscribed capital of the Wolfsburg company amounts to 32.4 percent.
Volkswagen Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.
Furthermore, Porsche SE holds a 10-percent stake in the US-technology company INRIX Inc., Kirkland, Washington/USA ("INRIX").
With its stake of 52.2 percent of the ordinary shares and 32.4 percent of the subscribed capital of Volkswagen AG, Porsche Automobil Holding SE is the biggest single shareholder of the Wolfsburg company. Thereby, Porsche SE considers itself as a long-term oriented strategic anchorshareholder of the Volkswagen Group.
The Volkswagen Group, with its headquarters in Wolfsburg, is one of the world's leading automobile manufacturers and the largest carmaker in Europe.
The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own character and operates as an independent entity on the market. The product spectrum ranges from motorcycles to small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pick-ups, buses and heavy trucks. The Volkswagen Group is also active in other fields of business, manufacturing large-bore diesel engines for marine and stationary applications, turbochargers and -machinery, special gear units, compressors and chemical reactors. In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet management.
The Group operates 121 production plants in 20 European countries and a further 11 countries in the Americas, Asia and Africa. Every weekday, 610,076 employees worldwide produce nearly 42,000 vehicles, and work in vehicle-related services or other fields of business. The Volkswagen Group sells its vehicles in 153 countries.
Source: Volkswagen AG as of 5 December 2016
Porsche Automobil Holding SE holds a 10-percent stake in the US-technology company INRIX Inc., Kirkland, Washington/USA.
INRIX is a specialist for cloud-based real-time processing of location data. As a market leader in its segments, the company INRIX plays an important role in the development of connected-car services and traffic information. INRIX leverages an extensive crowd-sourcing network of data sources that draws on data from vehicles, smartphones and road sensors. This is supplemented with additional information, e.g., local weather data. Machine learning and predictive algorithms thus mean that route recommendations can constantly improve.