Huge Conglomerates Own Bentley, Lamborghini, and Other Supercar Makers

stake in seat
audi brand

is bmw owned by volkswagen AG wholly owns the Bundesliga football side VfL Wolfsburg; the company is also the shirt sponsor of Major League Soccer club D.C. United, League of Ireland Premier Division Sligo Rovers and top level of the Mexican football league system Liga MX team Puebla F.C. Volkswagen Group came under pressure for cooperating with the Chinese government in the region of Xinjiang. In that same region, western-funded NGOs accused the Chinese government of having committed human rights abuses against the Uighur minority group, which included mass surveillance, incarceration, and forced labor.

What Brands Does Volkswagen Own? – MotorTrend

What Brands Does Volkswagen Own?.

Posted: Thu, 04 Jun 2020 07:00:00 GMT [source]

This is a storied Italian brand, dating back to 1899, founded in Turin by Giovanni Agnelli, whose family retains some ownership and control more than 120 years later. Chevy offers a wide range of products from the electric Bolt to the Suburban SUV, Silverado full-size pickup, and the return of the Blazer. While GM has pulled back on the global markets in which Chevy is sold, it is still vested in the portfolio that now finally includes a mid-engine Corvette.

Chrysler has teetered many times on the edge of a financial cliff. In 1998 it was acquired by Daimler-Benz and the so-called alliance was named DaimlerChrysler. Described at the time as «a merger of equals,» it was anything but, and Daimler, tired of the operational complexity and the losses, sold Chrysler in 2007 to Cerberus, a private equity firm. Cadillac is owned by General Motors of Detroit and is the flagship luxury brand. Cadillac was named after Antoine de la Mothe Cadillac, the man who founded Detroit, and the Cadillac crest is his coat of arms.

How many brands does VW own?

They in turn sold Lamborghini to the Volkswagen Group in 1998, which rolled the brand into its Audi division. Here’s a snapshot of the car brands currently under the Volkswagen Group umbrella. Rolls-Royce’s first all-electric car, and its most aerodynamic, the Spectre coupe, is scheduled to begin sales in 2023. The most likely buyer was BMW, which already supplied engines and other components for Rolls-Royce and Bentley cars, but BMW’s final offer of £340 million was beaten by Volkswagen’s £430 million ($703 million). Current chief executive Torsten Müller-Ötvös joined the company in January 2010, with a pledge to regain the quality standards that made Rolls-Royce famous. That year sales in China increased by 600%, making it the company’s second largest market after the US.

There is the Toyota Tundra full-size pickup and smaller Tacoma pickup, as well. Real inroads were made during the oil crisis in the 1970s when people turned to the small, fuel-efficient cars Toyota was making. In the 1990s, the Toyota brand expanded into larger vehicles, including SUVs and its first full-size pickup. Tesla’s initial public offering on the stock exchange occurred in 2010.

The 1982 oil crisis pushed the company to a financial crisis. Volkswagen’s journey for control of SEAT begun in the 1980s through various management partnerships. By 1986, Volkswagen had increased its stake to over 51 percent, making it the majority stockholder in SEAT.

The first McLaren road car, the limited-run F1, rolled off the line from 1992 to ’98, but then production took a hiatus until 2011. McLaren Automotive now builds highly technical exotics that rival those of other supercar makers. Most models sell out before they are even produced, and in some cases, before they are even revealed to the public. It now has a strong lineup of elegant crossovers including the Navigator, Aviator, Nautilus, and Corsair. The brand has dropped its practice of confusing alphanumeric names and given new products real names. The car side of the brand is reduced to just the Continental.

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Amusingly, they are almost the polar opposite of Minis; a typical Mini is short and stout, whereas a Rolls Royce is renowned for its length and its sleek appearance. Well, more often than not, a different manufacturer buys off shares of the dying brand and becomes the new owner. None of that is new when it comes to business; after all, do the words “Ericsson” and “Sony Ericsson” ring a bell? And yes, I did use two cellphone companies as an example, since this practice applies almost everywhere. The Maserati brothers built their first car in 1926, and sold their company to an Italian entrepreneur just 11 years later. The French manufacturer Citroën took a controlling stake in Maserati in the late 1960s, and the brand eventually fell into the hands of Fiat, where it remains today.

In addition to manufacturing their own vehicles, they also own some other well-known brands. If you’re a Volkswagen vehicle owner or are interested in becoming one, it’s good to know what brands fall under the company’s umbrella. SEAT Sport, the company’s high-performance motorsport subsidiary, was rebranded by CUPRA in 2018.

Despite a $9 million price tag, the Centodieci, a re-bodied Chiron, was presented in August 2019 and all ten were sold. The Chiron Super Sport 300+ has been timed at 304 mph, keeping Bugatti’s title as the world’s fastest production car, and the brand has just launched the Chiron Pur Sport, which focuses on handling. The Volkswagen Group’s headquarters are in Wolfsburg, Germany, however many of its brands have offices around the world and report to the parent company. Volkswagen AG is a global automotive behemoth with far-reaching tendrils.

  • Volkswagen held a 19.9% non-controlling shareholding in Suzuki between 2009 and 2015.
  • The Volkswagen Group has ten strong brands, which between them meet all mobility needs.
  • Volvo spun off Polestar to be its high-tech performance electric vehicle brand.
  • Rolls-Royce was bought in 1998 by the Volkswagen Group, which, embarrassingly, neglected to acquire the rights to the Rolls-Royce name.
  • Known for the inimitable 911, Porsche’s stable of cars also includes the Boxster and Cayman, and the Panamera sport sedan.

Explore our wide range of quality and affordable used cars at John Hughes. Launched in January 2003 at Detroit’s North American International Auto Show, this is the first model from Rolls-Royce Motor Cars Limited. The car has a 6.75 L V12 engine sourced from BMW, but most components are unique to the car. Assembly, leatherwork, woodwork, and finishing are carried out in a new factory in Goodwood near Chichester, Sussex. After much anticipation, Rolls-Royce revealed the Cullinan in early 2018.

What Brands Does Volkswagen Own?

In October the same year, the two companies became one, Fiat Chrysler Automobiles or FCA, making it a fully integrated global automaker under Marchionne. In 1932, Horch and Audi combined with manufacturers Dampf-Kraft-Wagen and Wanderer to form Auto Union. The four rings of the Audi logo represent the four companies. In the late ’50s, Daimler-Benz bought Auto Union but in 1964 sold 50 percent of it to Volkswagen; 18 months later, VW bought complete control. In 1965 the brand was relaunched with the return of the Audi name after 25 years and the introduction of the Audi F103 series.

On 3 August 2015, Nokia announced that it had reached a deal to sell its Here digital maps division to a consortium of three German automakers—BMW, Daimler AG, and Volkswagen Group, for €2.8 billion. This was seen as an indication that the automakers were interested in automated cars. Since 2013 the Volkswagen Group has held a 89.7% stake in Traton. On 18 June 1986, Volkswagen AG acquired a 51% controlling stake in SEAT, making it the first non-German subsidiary of the Volkswagen Group.


So when the financial crisis hit in 2008, Ford sold both Jaguar and Land Rover to Tata Motors of India. Initially Tata made them a subsidiary, but in 2013 the two brands were officially merged to form Jaguar Land Rover. Ford is a quintessential American brand, owned by Ford Motor Company. It is rare in that the Ford family continues to have control of the company, thanks to a stock structure that gives it majority voting rights without having to own a majority of shares. In recent years BMW has filled out its portfolio with a full slate of crossovers and its M performance division. In the 1980s, the introduction of Quattro all-wheel drive was well received, but recalls for reports of sudden unintended acceleration—perpetuated by a fraudulent 60 Minutes report—almost killed the brand in North America.

Who Owns Which Car Brands? – Consumer Reports

Who Owns Which Car Brands?.

Posted: Fri, 21 Apr 2023 07:00:00 GMT [source]

General Motors Company General Motors is one of the world’s most well-known companies and owns a large portfolio of car brands. These include Holden Special Vehicles, Corvette, Peugeot, and Citroën. General Motors was founded by William C Durant in 1908 and later acquired brands such as Cadillac and Oldsmobile. However, in 2009, the company went bankrupt and closed brands such as Saturn, Hummer, Pontiac, and Oldsmobile.

The Buick Motor Company was incorporated in Detroit in 1903. As a result, Buicks are still hugely popular in China, the world’s largest automotive market. It is the company that established General Motors in 1908 and is the oldest brand in the U.S., dating back to David Buick and the Buick Auto-Vim and Power Company that made the first Buick automobiles in 1899. Among its latest models are the Bentayga , the Continental GT, and the Flying Spur. While most of its vehicles are assembled in Crewe, Bentley uses some VW plants in Europe, as well.

Who do Volkswagen own?

So no matter what your needs or budget, you should be able to find a VW that’s right for you. Volkswagen is a good car to buy if you’re looking for a reliable vehicle. Volkswagen cars are known for their quality and durability, and most models come with a variety of features and accessories that allow you to customize your ride.

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As the 2023 Proxy Season Continues, Investors Are Calling on Climate Action 100+ Focus Companies for More Robust Climate Action.

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It takes advantage of both regions, being headquartered in Gothenburg and building cars at a plant in China. Polestar is a new performance electric vehicle brand that is jointly owned by Volvo Car Group of Sweden and Volvo’s parent Zhejiang Geely Holding Group, a Chinese company. So it would be correct to call it a Swedish or Chinese company. Mercedes-Benz is a German luxury brand owned by Daimler AG and based in Stuttgart. Parentage dates back to 1926 when the automaker was known as Daimler-Benz. The origins go back even further, to Daimler-Motoren-Gesellschaft’s 1901 Mercedes and Karl Benz’s 1886 Benz Patent Motorwagen.

Ferdinand Piech, the new chairman of Volkswagen, purchased Lamborghini in September 1998 for around $110million. It was restructured as a holding company, Lamborghini Holding S.p.A with the Audi president as its chairman. In 1998, BMW started supplying components for a new range of Rolls-Royce and Bentley cars. BMW paid Rolls-Royce £40m to licence the Rolls-Royce name and logo. However, while the others have been pretty straightforward, they were about to go head to head with another German car giant; BMW. One of the most interesting things about the automotive industry is that pretty much every brand is connected in one way or another.

Previously, Jeff served as the online editorial director of Motor Trend for 11 years. Throughout his career, Jeff has driven thousands of cars, many on racetracks around the globe. New and updated automotive brand logos from Stellantis, VinFast, Kia, GM, and Afeela. The VS7, an essentially bigger hybrid, will be the third vehicle in the arrangement.

wholly owned subsidiary

Its car plants were shut down in 1981 under military dictatorship, but Kia got back into the car-making business in 1986 and, in partnership with Ford, made vehicles based on Ford and Mazda models. It will change yet again, with a pending merger with PSA to create a huge, yet-to-be-named global automaker. GM is hoping an emphasis on electric vehicles and return to the luxury of old will help elevate the brand.

Ducati is a motorcycle manufacturing company whose headquarters are in Bologna, Italy. Antonio Cavalieri started the company with his three sons in 1926. Initially, they started with the production of condensers, vacuum tubes, and radio components. Volkswagen showed an interest in taking over the company in April 2012 when its Audi subsidiary announced that it would be buying the company for 1.2 billion dollars. Sociedad Española de Automóviles de Turismo or SEAT is a manufacturer of automobiles from Catalonia, Spain. The industrial company Instituto Nacional de Industria or INI founded SEAT S.A.

On 1 January 1965, Volkswagenwerk acquired Auto Union GmbH from its parent company Daimler-Benz. The new subsidiary went on to produce the first post-war Audi models, the Audi F103 series, shortly afterwards. Production of the Type 60 Volkswagen (re-designated Type 1) started slowly after the war due to the need to rebuild the plant and because of the lack of raw materials, but production grew rapidly in the 1950s and 1960s. The company began introducing new models based on the Type 1, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969.

It has also developed a fuel-efficient suite of powertrain technologies it calls SkyActiv. Going forward, GMC will get into electric vehicles, starting with the GMC Hummer full-size electric pickup, a move that brings back the Hummer name but on an environmentally friendly, zero-emissions truck. So far the lineup consists of the Genesis G70, G80, and G90 sedans, and the GV80 is the first of three crossovers. They are notable for elegant and innovative design and performance at a good price. Behind the vehicles is a team of designers and engineers who joined the South Korean group having worked for Volkswagen, Audi, Bentley, Lamborghini, BMW, and Chevrolet. The still-to-be-named automaker will be the fourth largest in the world, and the expectation is some brands will go away.

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