Porsche and Piëch Families Deny Plans to Sell VW Shares Despite Speculation

Reports suggest internal discussions about a potential partial sale, but the families reaffirm their commitment to long-term ownership of Volkswagen.

The Porsche and Piëch families, through their holding company Porsche SE, control over 53% of Volkswagen's voting shares, ensuring majority control.
Media reports claim internal discussions are ongoing about potentially reducing their VW stake to 50% or 45%, but no decisions have been made.
Younger family members reportedly oppose a sale, while external advisors and some senior managers have suggested a partial divestment as a viable option.
Porsche SE has publicly denied any concrete plans or discussions with investors about selling VW shares, emphasizing its role as a long-term anchor shareholder.
Recent financial challenges, including significant non-cash write-downs on VW and Porsche AG holdings, have fueled speculation about the families' financial strategies.