What is the salary of the CEO of Volkswagen?
BERLIN (Reuters) – Volkswagen group’s record earnings drove up Chief Executive Matthias Mueller’s salary package by about 40 percent last year to 10. Tuesday. Amongst the three largest auto manufacturing groups based in Germany, Volkswagen Group produced the most revenue from worldwide operations in 2024 with nearly 325 billion euros generated.The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services.
Who owns Lamborghini?
Following lengthy negotiations, Automobili Lamborghini S. A. July 10, 1998. Lamborghini became the Volkswagen Group’s third luxury brand alongside Bentley and Bugatti in 1998. Lamborghini (officially Automobili Lamborghini S. A. Lambo) is an Italian manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.Italian luxury car brand Lamborghini was strengthened under VW ownership. Audi AG’s Automobili Lamborghini S. A. Ducati Motor Holding S. A. July 2012 for €747 million (US$909 million).
Is Bentley owned by Porsche?
Yes, Volkswagen Group is Porsche’s parent company. Volkswagen and Porsche merged in 2011. Volkswagen Group is also the parent company of various other luxury car brands, including Audi, Bentley, Bugatti, and Lamborghini. Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A wholly owned subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.Porsche AG, as a 100% subsidiary of VW AG, is responsible for the actual production and manufacture of the Porsche automobile line. The company currently produces Porsche 911, Boxster and Cayman sports cars, the Cayenne and Macan sport utility vehicles and the four-door Panamera.Since 2012, the Company is part of the Volkswagen Brand portfolio directly controlled by Audi.