Who Owns Volkswagen Group?
Updated onExplore the ownership hierarchy of Volkswagen Group. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Volkswagen Group
German multinational automotive manufacturing group headquartered in Wolfsburg that produces passenger cars, commercial vehicles, and related mobility and financial services.
Porsche SE
Porsche SE (Porsche Automobil Holding SE) is a German DAX-listed holding company that owns significant stakes in Volkswagen AG, Porsche AG, and other mobility and industrial technology businesses worldwide.
Volkswagen Group
German multinational automotive manufacturing group headquartered in Wolfsburg that produces passenger cars, commercial vehicles, and related mobility and financial services.
Porsche SE
Porsche SE (Porsche Automobil Holding SE) is a German DAX-listed holding company that owns significant stakes in Volkswagen AG, Porsche AG, and other mobility and industrial technology businesses worldwide.
Major Shareholders
Volkswagen Group
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Porsche Automobil Holding SE Largest shareholder of Volkswagen AG; investment holding company controlled by the Porsche and Piëch families. Its stake represents about 31.9% of VW’s total equity and 53.3% of voting rights as of Dec. 31, 2024. | Corporate | 31.9% | 53.3% | Dec 2024 |
State of Lower Saxony (Land Niedersachsen) German federal state where Volkswagen is headquartered; holds roughly 11.8% of VW’s equity and 20% of votes, giving it a blocking minority under the Volkswagen Law. Stake is held mainly via Hannoversche Beteiligungsgesellschaft Niedersachsen mbH. | Government | 11.8% | 20.0% | Dec 2024 |
Qatar Investment Authority (via Qatar Holding LLC) Qatar’s sovereign wealth fund, through subsidiary Qatar Holding LLC, is a long‑term strategic shareholder in Volkswagen AG with about 10.4% of equity and 17% of voting rights as of Dec. 31, 2024. | Government | 10.4% | 17.0% | Dec 2024 |
Free float & other institutional/retail investors Roughly 45.9% of Volkswagen AG’s equity is widely held by global institutional and retail investors (including asset managers such as BlackRock, Vanguard and others), with free‑float ordinary shares accounting for 9.7% of voting rights as of Dec. 31, 2024. | Other | 45.9% | 9.7% | Dec 2024 |
Porsche SE
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Porsche–Piëch family Ultimate controlling shareholders of Porsche Automobil Holding SE. Members of the Porsche–Piëch family, acting through vehicles such as Familie Porsche Beteiligung GmbH, Ferdinand Porsche Familien‑Privatstiftung and related family companies, hold 100% of Porsche SE’s ordinary shares (ISIN DE000PAH0004), corresponding to approximately 153.125 million of 306.25 million shares (~50% of equity) and 100% of voting rights; the remaining ~50% of equity consists of non‑voting preference shares held in free float. | Family | 50.0% | 100.0% | Mar 2025 |
Public free float (holders of non‑voting preference shares, PAH3) Represents all publicly listed non‑voting preference shares of Porsche SE (ticker PAH3, ISIN DE000PAH0038), which are 100% free float and amount to roughly 153.125 million shares, or ~50% of total share capital. These preference shares carry no voting rights but are entitled to dividends; ownership is widely dispersed among institutional investors, funds and retail shareholders, and disclosed individual holders each own well under 1% of the company (top reported positions are around 0.1–0.15% of share capital). | Other | 50.0% | 0.0% | Dec 2025 |
Get Started
Your ultimate competitive playbook
You just found your top competitors. Now let's map your whole landscape and show you how to stand out.
Competitive Landscape Report
Built for small teams who can't hire a full-time analyst.
$129 $260 one-time payment
Generated in minutes, no subscription.
Instead of guessing what to do about your competitors, get a done-for-you intelligence report
Competitor Map
Direct, indirect, and alternative competitors mapped across your market
Positioning Analysis
How each competitor positions, their ICP, and key differentiators
Feature & Pricing Matrix
Side-by-side comparison of features, pricing, and packaging strategies
Growth Channel Analysis
SEO, paid ads, content, and social strategies across the landscape
Reputation & Social Proof
Ratings, reviews, and sentiment analysis across all competitors
90-Day Action Plan
Specific tactics to differentiate and win more deals in the next 3 months