How can porsche afford to buy vw?

Question

vw is the third largest car company.

explain....

Answer 1

I thought VW already owned Porsche?

Answer 2

because they balanced fianances, and used some of their profits to buy the company

Answer 3

It was a risk and u cant deny that... a big one.. well this risk i think will bring them double the money they are earning right now..

Please give me the best answer

Answer 4

I think Porsche has been part of the VAG (Volkswagen Audi Group) for many decades now. After all, the very first Porsche models were in essence just highly tuned VW's.