Volkswagen owns 50% of Porsche as a result of a 2009 merger agreement, following a hostile takeover attempt that was thwarted by German law. See http://en.wikipedia.org/wiki/Volkswagen … swagen_Law for more details.
In 1934, Adolf Hitler actually commissioned Ferdinand Porsche to design a 'people's car' which would later be known as the Volkswagen Beetle. There has been a strong tie between the two ever since, but this was the earliest instance.
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