Porsche owned by VW???

[Pilot2519j]

The relationship between Audi, VW and Porsche goes back to the time of the beetle. F. Porsche help build the VW beetle. The designer for the 356 and beetle was Erwin Komeda. Porsche used a lot off the shelf parts from the beetle in the 356. VW would in turn pay royalty for each beetle built to Porsche. Ferninand Piech grandson of Porsche, got into the fray first as a race program designer for Porsche and then going over to Audi as chairman. Piech later became ceo of VW and Audi collaborated with Porsche with the Porsche 924 and so on. In summary their relationship is very common Porsche & Piech as well as with VW Audi and Porsche. Neither owned one another but work very close with each other. Just recently Porsche bought 20% of VW to make sure to continue that the cooperation as they have had in the past with, 914,912,924, 944 & Cayenne continues well into the future.