Did You Know? Facts #15
Posted: Sat Jun 01, 2024 5:47 pm
Hey, HonorTech fans. How are you?
Hoping that you guys are doing well
Did You Know?
VOLKSWAGEN OWNS MANY WELL-KNOWN CAR BRANDS FROM SEVERAL COUNTRIES INCLUDING VOLKSWAGEN, AUDI, SEAT, SKODA, BENTLEY, BUGATTI, LAMBORGHINI, PORSCHE, DUCATI, SCANIA, AND MAN.
The German Automobile Volkswagen Group is the parent organization for some of the most prominent car manufacturers in the world. This group includes volume brands like Skoda, Seat, Volkswagen, and Premium brands like Audi, Bently, Bugatti, Porsche, Ducati, and Lamborghini. This chain of ownership ends with Porsche Automobil Holding SE being the 53.3% owner of Volkswagen AG.
This makes Volkswagen AG undoubtedly one of the largest companies in the world across all segments and not just the automobile industry. They are ranked among the top ten companies in the world by revenue with a financial performance of Revenue €252.6 billion in 2024. Alongside these, they own a total of approx. - 50 brands and subsidiaries under their umbrella.
From the above discussion, it is evident how prominent the influence of Volkswagen AG is in the industry and how significant its role is in shaping the global automotive landscape. So next time you are on the roads keep a count of the vehicles and brands owned by Volkswagen AG. You will be fascinated to see the number of cars tracing back to the same automobile giant Volkswagen AG.
That’s all for today, I hope you enjoyed it. Do you think we will be able to travel at this speed on Earth someday? Please share it with me along with your opinions in the comments below.
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Bye Guys
Signing off
Jai
