German sports car maker Porsche has announced it has upped its stake in Volkswagen AG to 50.8% as Porsche continues to try to reach its goal of having a 75% stake. If Porsche is able to get this stake, it will essentially have full financial control of Volkswagen Group, including other car companies such as Lamborghini, Audi and Bentley. Last fiscal year, Porsche reported EUR 6.39 billion net income, with only EUR 1 billion coming from operations, meaning earlier VW investments are paying off for Porsche.