Volkswagen Group has acquired 90 % of Ferrari N.V.
for a sum of of $13 billion after buying out private shareholders and Exor N.V.
“The discussion to buy out Ferrari has been ongoing ever since the company separated from Fiat S.p.A in 2015,” said Muller.
Is Ferrari owned by Volkswagen?
Bugatti Automobiles S.A.S.: 100% ownership. Bugatti Automobiles S.A.S. is a wholly owned subsidiary of Groupe VOLKSWAGEN France s.a. Volkswagen acquired Bugatti International S.A. Ducati Motor Holding S.p.A.: 100% ownership by Automobili Lamborghini S.p.A.; company was bought on 19 July 2012.
What brands are owned by VW?
Top Companies & Brands Owned by Volkswagen (VW) as of 2017
- Volkswagen Passenger Cars. This is the company’s flagship and most successful marque, delivering nearly 6 million vehicles in 2016.
- Volkswagen Commercial Vehicles.
- Automobili Lamborghini S.p.A.
- Bugatti Automobiles S.A.S.
- Porsche AG.
- Ducati Motor Holding S.p.A.
- MAN S.E.
Who is Ferrari owned by?
Fiat S.p.A. acquired 50% of Ferrari in 1969 and expanded its stake to 90% in 1988. In October 2014 Fiat Chrysler Automobiles N.V. (FCA) announced its intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA owned 90% of Ferrari.
How many companies do VW own?
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.