Re: VW Audi relation...

[ScharfR@aol.com]

In a message dated 97-11-07 03:48:47 EST, quk@isham-research.demon.co.uk
writes:

<< Audi is a subsidiary of Volkswagen AG.  There are also family ties
 with Porsche. >>

To amplify/clarify:
1.) Audi AG is a not-quite-wholly-owned (ca. 99%) subsidiary of VWAG
2.) There is no siginficant cross share-holding or significant ownership
interest on the part of VWAG in Porsche AG
3.) The "family ties" between VWAG and Porsche AG have everything to do with
the fact that Dr. Ferdinand Piech, chairman of the board of VWAG, ia also one
of the handfull of people who own and control all of the voting stock in
Porsche AG.