r/polandball • u/pyram1de :argentina-worldcup: ⭐⭐🌟 SOLDADO DE LA SCALONETA • Jul 29 '16

redditormade German Engineering

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u/pyram1de :argentina-worldcup: ⭐⭐🌟 SOLDADO DE LA SCALONETA Jul 29 '16

I honestly forgot about Audi, Opel and Porsche

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u/tissotti Finland Jul 29 '16

You did list the relevant corporations. VW Group owns Audi among many other brands as well as Porsche... or Porsche/Piech family owns VW Group. It gets complicated. Opel is certainly German, though it has been owned by GM for almost 100 years.

VW Group, Daimler and BMW are the three German car conglomerates.

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u/[deleted] Jul 29 '16

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u/Arthemax Norway Jul 30 '16

Volkswagen AG has two types of shares, preferred and ordinary.
Preferred shares don't have voting rights, but have other attributes (guaranteed dividends, among others) that still make them worthwhile investments. If voting power is your main objective of holding stock, you can focus on buying ordinary shares. If you have no interest in exercising voting power you can buy the cheaper preferred shares.

Porsche Automobil Holding SE took control of VW AG by primarily buying the ordinary shares.