While the fact is that Porsche and Volkswagen already have a fairly close relationship, with many dealers acting as both Volkswagen and Porsche dealerships, the fact is that Porsche currently only owns 51 percent of the VW company. While this is technically a majority stake, they fall short of the 75% stake needed to have a true majority ownership. Still, there is plenty of talk of merger between the two.

Volkswagen is the largest automaker in Europe. The brands under the VW banner include Volkswagen, Lamborghini, Skoda, Bentley, Bugatti, Audi, and Scania.

It is expected that a merger would help both companies in creating even more efficiencies and economies of scale. The companies have been in talks in a joint working group, hoping to develop a new structure within the next few weeks.