Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Volkswagen Law: The unique structure behind Europe's biggest carmaker

Volkswagen's plans to close plants in Germany and nearly double planned job cuts to around 100,000 have put the spotlight on its unique governance and ownership structure that have drawn criticism from investors for years.

Like other German conglomerates, the 89-year-old automaker is the result of decades of expansion and strategy shifts, resulting in an empire that stretches from mass-market SEATs to luxury Lamborghinis, as well ‌as stakes in ⁠sports car ⁠maker Porsche AG and truck maker Traton.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.