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Aug 29 2013 08:26pm
Quote (chreeeis @ Aug 29 2013 10:23pm)
Porsche. proche. :lol:

Porsche is a subsidiary of VW I believe.


basicly i think porsche bought half of vw n use vw to make some cars now i just googled it
Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is owned by the Piëch and Porsche families. In July 2012,it was announced that Volkswagen AG was taking over the Porsche automotive company completely, which bears the same name, but is only a subsidiary of Porsche SE.[3][4] In June 2013, Qatar Holdings, through the Qatar Investment Authority, sold its 10% holding back to the founding family, giving them 100% control.[5] Porsche owns 50.73% of the voting rights in Volkswagen AG.[6]


its like they partially own each other lol

This post was edited by dragoneth on Aug 29 2013 08:26pm
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Aug 29 2013 08:30pm
Quote (dragoneth @ Aug 29 2013 10:21pm)
how is a proche a vw car?
porche bought into vw i thought


Porsche is Volkswagen. They've always been very close relationship, that they're basically the same thing. Porsche family members aren't allowed to run Porsche (They sit on the board though) so they run VW instead. Which is basically the same thing. Ferdinand Piëch, one of if not the greatest automobile executive ever is a Porsche family member and he transformed VW into the juggernaut it is today (In Europe, VW is by far the most popular marque).

The ownership situation is complicated. Long story short, Porsche AG is owned by Volkswagen Group, but Porsche SE owns most of VW and has over 50% voting rights. So the Porsche family owns a controlling share in VW, but the company owns Porsche AG.

Quote (chreeeis @ Aug 29 2013 10:23pm)
Porsche. proche. :lol:

Porsche is a subsidiary of VW I believe.


What irks me the most is how people pronounce it. It's not "Porsh", it's "Porsha".

This post was edited by Caedus on Aug 29 2013 08:32pm
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Aug 29 2013 08:55pm
Quote (dragoneth @ Aug 29 2013 10:21pm)
how is a proche a vw car?
porche bought into vw i thought


Volkswagen own audi bentley porsche buggatti and few other I dont remember
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Aug 29 2013 08:56pm
Quote (Caedus @ Aug 29 2013 10:30pm)
Porsche is Volkswagen. They've always been very close relationship, that they're basically the same thing. Porsche family members aren't allowed to run Porsche (They sit on the board though) so they run VW instead. Which is basically the same thing. Ferdinand Piëch, one of if not the greatest automobile executive ever is a Porsche family member and he transformed VW into the juggernaut it is today (In Europe, VW is by far the most popular marque).

The ownership situation is complicated. Long story short, Porsche AG is owned by Volkswagen Group, but Porsche SE owns most of VW and has over 50% voting rights. So the Porsche family owns a controlling share in VW, but the company owns Porsche AG.



What irks me the most is how people pronounce it. It's not "Porsh", it's "Porsha".


porsha sounds female tho
i always say porsh
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Aug 29 2013 09:50pm
Quote (dragoneth @ Aug 29 2013 10:56pm)
porsha sounds female tho
i always say porsh


Tell that to the people with the name.

Quote (Subban @ Aug 29 2013 10:55pm)
Volkswagen own audi bentley porsche buggatti and few other I dont remember


Skoda, SEAT, Lamborghini, Ducati, and a few tractor trailer/heavy equipment manufactures in Europe are the other ones.
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Aug 30 2013 01:24am
Quote (dragoneth @ Aug 29 2013 07:56pm)
porsha sounds female tho
i always say porsh


Well, most men refer to their cars as females.
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Aug 30 2013 02:19am
Quote (chreeeis @ Aug 30 2013 03:24am)
Well, most men refer to their cars as females.


I need to come up with a name for mine. Friend suggested "ellie" but I feel like I'd be jumping the gun a bit after still being hyped up from the last of us, lol.
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Aug 30 2013 02:22am
Quote (dxlightning @ 30 Aug 2013 11:19)
I need to come up with a name for mine. Friend suggested "ellie" but I feel like I'd be jumping the gun a bit after still being hyped up from the last of us, lol.


my car would be chojo for sure
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Aug 30 2013 05:57am
Quote (Rzi @ 30 Aug 2013 04:22)
my car would be chojo for sure


Ride me
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Aug 30 2013 08:12am
Illuminati

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