Volkswagen's ownership structure with Lower Saxony's 20% voting stake and Porsche SE's 31.9/53.3% stakes faces scrutiny amid plant closures and labor agreements.

Volkswagen's governance and ownership structure, criticized by investors, faces scrutiny as the company plans to close German plants and end long-standing labor agreements. The structure, rooted in its historical ties to the Nazis, involves a 20% voting stake from Lower Saxony, which can block decisions. Additionally, Porsche SE holds significant control with a 31.9% stake and a 53.3% voting power, complicating factory-related decisions.

September 04, 2024
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