Volkswagen AG
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Oliver Ingo Blume
- Full Time Employees
- 662,942
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Berliner Ring 2 Wolfsburg NI Germany 38440
- IPO Date
- Aug 15, 1961
- Website
- volkswagen-group.com
- Similar Companies
- Business
- Volkswagen AG designs, produces, and distributes vehicles across key global markets including Europe, North America, South America, and the Asia-Pacific. The company strategically manages its operations through distinct divisions: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment is dedicated to developing vehicles, powertrains, and integrated software solutions, alongside manufacturing and selling passenger automobiles and their associated components. This segment encompasses a broad portfolio of brands such as Volkswagen Passenger Cars, Audi, ŠKODA, SEAT, CUPRA, Bentley, Lamborghini, Porsche, and Ducati motorcycles, with a significant strategic emphasis on accelerating electric vehicle offerings and advancing software-defined mobility. The Commercial Vehicles segment focuses on the development, production, and sale of trucks and buses, along with providing parts and related services, operating primarily through its Traton Group brands, which include MAN, Scania, and Volkswagen Commercial Vehicles. The Power Engineering segment, featuring its subsidiary Everllence (formerly MAN Energy Solutions), delivers large-bore diesel engines, turbomachinery, and specialized propulsion systems. The Financial Services segment provides comprehensive dealer and customer financing, leasing programs, direct banking and insurance products, fleet management, and a growing suite of mobility services, aiming to offer a broad platform for diverse transportation needs. Founded in 1937 and headquartered in Wolfsburg, Germany, Volkswagen AG is a multi-brand automotive group, with Porsche Automobil Holding SE holding the majority of its voting rights as its largest shareholder.
Company News
Volkswagen de Mexico and union reach early deal, avert strike
VW's Skoda Auto unions reject salary freeze as part of group savings
Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen Q3 Deliveries Fall 14.3% as China Sales Slump
VW plans to freeze salaries until 2030, works council says
Mexico urges Volkswagen, workers to resume talks after wage deal rejected
VW Wants to Take On Wrangler and Bronco on Their US Home Turf
Delta One gets a luxury makeover with wagyu burgers, high-end wines and Porsche transfers
European automakers urge support as VW warns of 'enormous pressure'
Europe's mass-market carmakers under 'enormous pressure', Volkswagen CEO says
Volkswagen Vehicle Deliveries Fall on Continued China Weakness
Volkswagen CEO says transformation is ‘shared responsibility' in appeal to EU
Volkswagen Fined $1.3 Million by German Financial Watchdog Over Forecast Disclosure
Rivian receives full $1 billion Volkswagen funding commitment
2 Negatives Don't Make a Positive When It Comes to Rivian and Volkswagen
German Union Warns of Potential Conflict With Volkswagen Over Wage Deals
German union threatens retaliation as Volkswagen plans termination of wage agreements
Volkswagen Taps Gotion to Expand Europe's LFP Battery Supply Chain
Volkswagen, Gotion deepen battery ties in Europe as VW sells 5.3% stake
Explainer: The road ahead for Volkswagen's restructuring