Volkswagen Group has subsidiary Scania
Subsidiaries and brands
The Volkswagen Group comprises the following vehicle manufacturers and their corresponding brands:
Audi AG: 100% ownership — The current company was formed through the acquisitions of Auto Union from Daimler-Benz on 30 December 1964, and NSU Motorenwerke on 9 March 1969 - Audi being the sole surviving marque from the Auto Union combine.
Audi Sport GmbH — Audi's performance engineering and manufacturing subsidiary.
Automobili Lamborghini S.p.A.: 100% ownership — acquired by AUDI AG in September 1998.Ducati Motor Holding S.p.A.: 100% ownership — bought on 19 July 2012.
Bentley Motors Ltd: 100% ownership. Volkswagen purchased Rolls-Royce Motors and Bentley from Vickers on 28 July 1998, however the purchase did not include the license to use the Rolls-Royce trademark on automobiles, which is controlled by Rolls-Royce Holdings plc. BMW outmaneuvered Volkswagen, succeeding in obtaining the rights to use the Rolls-Royce trademark on automobiles. From July 1998 until December 2002, BMW continued to supply engines for the Rolls-Royce Silver Seraph and the Bentley division sold cars under both the Bentley and Rolls-Royce marques, under an agreement with BMW. In January 2022, Bentley became part of the Audi Group.
Dr. Ing. h.c. F. Porsche AG: 75% ownership — Volkswagen AG purchased 49.9% of the shares in Porsche Zwischenholding GmbH (the holding company of Porsche AG) in December 2009. 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. 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 — founded in 2022.
SEAT, S.A.: 100% ownership — initially in 1982 a co-operation agreement with AUDI AG; 51% and 75% ownership in 1986, and full ownership in 1990. SEAT was the first non-German subsidiary of the Volkswagen Group.Cupra: 100% ownership by SEAT. In 2018, SEAT's motorsport division SEAT Sport was renamed Cupra Racing and at the same time, Cupra was launched as an independent brand alongside SEAT.
Škoda Auto a.s.: 100% ownership — initially in 1991 a co-operation agreement and 30% ownership; 60.3% and 70% ownership in 1994 and 1995 respectively, 100% ownership since 2000
TRATON SE: 89.7% ownership — Formerly Volkswagen Truck and Bus, TRATON is the holding company for Volkswagen Group's heavy commercial vehicle operations.MAN Truck & Bus SE: 100% ownership — Transferred to TRATON SE after it merged with MAN SE in August 2021.
Navistar International Corporation: 100% ownership — produces heavy trucks under the International brand. Wholly owned by TRATON SE since July 2021. Volkswagen Truck and Bus (now TRATON) took an initial 16.6% stake in Navistar in February 2017.
Scania AB: 100% ownership — wholly owned by TRATON SE since 15 January 2015. Volkswagen acquired a controlling stake in July 2008, making Scania the 9th marque of the Volkswagen Group.
Volkswagen Truck & Bus: 100% ownership — Volkswagen's Brazilian heavy truck and bus division. Sold by Volkswagen Group to MAN SE in December 2008 and from that point was also known as MAN Latin America. In November 2011, Volkswagen acquired a majority of the shares in MAN SE, bringing Volkswagen Truck & Bus back into the group. Transferred to TRATON SE after it merged with MAN SE in August 2021.
Volkswagen Commercial Vehicles (German: Volkswagen Nutzfahrzeuge): 100% ownership — Volkswagen's light commercial vehicle division started operations as an independent entity in 1995.
Volkswagen Passenger Cars: 100% ownership — the founding and flagship marque of the company.Other subsidiaries and shareholdings:
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