Volkswagen Group Net Worth is$79.5 B
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Company Name: Volkswagen Aktiengesellschaft

Company Logo: Image:Volkswagen Group.svg

Company Type: Public company

Traded As: VOW, VOW3

Foundation: Berlin, Germany (df

Location City: Wolfsburg

Location Country: Germany

Locations: list of Volkswagen Group factories

Area Served: Worldwide

Key People: Ferdinand Piëch (Chairman) Martin Winterkorn (CEO)

Industry: Automotive industry

Products: Automobiles, commercial vehicles, internal combustion engine, motorcycles, turbomachinery

Production: {{increase 8,494,280 (2011)Volkswagen AG/2012/p

Services: Banking, financing, fleet management, insurance, leasingVolkswagen AG/2012/p

Revenue: {{increase Euro159.33 billion (2011)Volkswagen AG/2012/p

Operating Income: {{increase €11.27 billion (2011)Volkswagen AG/2012/p

Net Income: {{increase €15.40 billion (2011)Volkswagen AG/2012/p

Assets: {{increase €253.62 billion (2011)Volkswagen AG/2012/p

Equity: {{increase €57.5 billion (2011)Volkswagen AG/2012/p

Num Employees: 501,956 (2011){{Sfn/Volkswagen AG/2012/p

Divisions: Automotive Division / Financial Services Division {{Sfn/Volkswagen AG/2012/p

Subsid: title

Intl: yes

Volkswagen Group (parent company Volkswagen Aktiengesellschaft) is a German multinational automotive manufacturing company headquartered in Wolfsburg, Germany. It designs, engineers, manufactures and distributes passenger cars, commercial vehicles, motorcycles, engines and turbomachinery, and offers related services including financing, leasing and fleet management. It is the worlda??s largest motor vehicle manufacturer by 2011 unit sales and has maintained the largest market share in Europe for over two decades.
Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, A koda and Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the MAN, Scania and Volkswagen Commercial Vehicles marques. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and consists of approximately 340 subsidiary companies. The company has operations in approximately 150 countries and operates 94 production facilities across 24 countries. It holds a 19.9% non-controlling shareholding in Suzuki Motor Corporation.
Volkswagen was founded in 1937 to manufacture the car which would become known as the Beetle. The company's production grew rapidly in the 1950s and 1960s and in 1965 it acquired Auto Union, which subsequently produced the first post-war Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the latter became its bestseller. Volkswagen acquired a controlling stake in the Spanish carmaker SEAT in 1986, making it the first non-German marque of the company, and acquired control of A koda in 1994, of Bentley, Lamborghini and Bugatti in 1998 and of Porsche in 2012.
Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the DAX index, and secondary listings on the London Stock Exchange, Luxembourg Stoc

Volkswagen Group Net Worth, 4.0 out of 5 based on 4 ratings

Volkswagen Group Latest News

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In the round-up: Volkswagen Group director Bernhard Gobmeier explains why the company has not become involved with Formula One. Show which drivers and teams you are supporting Which F1 drivers and teams are you supporting this season? Here’s how you can ...
Posted: August 22, 2017, 4:01 pm

Volkswagen says F1 on "dangerous path" over costs

Volkswagen Group director Bernhard Gobmeier says Formula 1 is on a "dangerous path" over the rising costs to run a team. F1 chiefs Chase Carey and Ross Brawn have insisted that they want to see a fairer spread of income among teams once the current ...
Posted: August 22, 2017, 2:15 am

Volkswagen to revive popular microbus as electric vehicle

The new version of VW's famous bus, called the I.D. Buzz, is fully-electric. Time Seeking to reignite Americans' love affair with the microbus, Volkswagen Group said Saturday that it would bring the beloved vehicle back to its lineup. Although it won't hit ...
Posted: August 19, 2017, 12:00 pm

Volkswagen is now under scrutiny of former leading U.S. law official

FRANKFURT -- Former U.S. Deputy Attorney General Larry Thompson has started his role as Volkswagen Group's independent monitor, working from offices at the automaker's headquarters in Wolfsburg. As part of its settlement with U.S. authorities over the ...
Posted: August 18, 2017, 10:01 pm

The Volkswagen Microbus is officially coming back and it'll be electric

Volkswagen made the announcement during the 2017 Pebble Beach ... The I.D. BUZZ-based microbus will be built on VW Group's new MEB electric vehicle platform.
Posted: August 21, 2017, 11:01 pm
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