What is the relationship between Porsche and Volkswagen?

[StAdriel]

Volkswagen and Porsche have the following relationships: 1. The Beetle was Volkswagen's first car, and Volkswagen's first car was designed by Porsche: The Beetle was the prototype of the Porsche 911, with the first-generation Beetle featuring a rear-mounted air-cooled engine, a design also adopted by the Porsche 911. 2. Porsche and Volkswagen have a significant strategic partnership: Porsche has become a subsidiary of the Volkswagen Group, yet Porsche and Volkswagen remain two independent companies, with Porsche currently being Volkswagen's largest shareholder (Porsche holds 30.9% of Volkswagen's shares).