Who owns Volkswagen (Anhui) Automotive Company Ltd.? The ownership chain, Volkswagen Group's stake and the 2020 deal
Facts checked
Volkswagen (Anhui) Automotive Company Ltd. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Volkswagen raised its stake in the Hefei venture from 50% to 75% in December 2020 and took management control, making it the first company in mainland China that Volkswagen controls outright. The venture was renamed from JAC Volkswagen to Volkswagen Anhui at the same time.
The short answer
| Controlled by | Volkswagen Group |
|---|---|
| Stake | 75% |
| Since | December 2020 |
| Kind | company |
| Origin | CN |
| Name in Chinese | 大众汽车(安徽)有限公司 “dah-JONG CHEE-chuh ahn-HWAY” |
| Top of the chain | Volkswagen Group |
The chain, step by step
Volkswagen Group owns Volkswagen (Anhui) Automotive Company Ltd. at 75% since December 2020.
Volkswagen raised its stake in the Hefei venture from 50% to 75% in December 2020 and took management control, making it the first company in mainland China that Volkswagen controls outright. The venture was renamed from JAC Volkswagen to Volkswagen Anhui at the same time.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Volkswagen Group | Volkswagen (Anhui) Automotive Company Ltd. | owns | 75% | December 2020 |
Other recorded holdings in Volkswagen (Anhui) Automotive Company Ltd.
Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.
| Holder | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| JAC Group | runs a joint venture with | 25% of the joint venture | 22 December 2017 | JAC founded the venture with Volkswagen on 22 December 2017 as a 50/50 company for new-energy vehicles, and was reduced to 25% when Volkswagen took majority control in December 2020. |
Related
Sources for Volkswagen (Anhui) Automotive Company Ltd.
- Volkswagen Group China, Partner. Read . Volkswagen's own page: founded 2017 as JAC Volkswagen, renamed December 2020, stake raised to 75%.
- Wikipedia, Volkswagen Anhui. Read .
- electrive.com, VW takes majority stake in joint venture with JAC. Read .