Volkswagen AG
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Volkswagen Headquarters
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| Public (AG) | |
| Traded as | : VOW, VOW3 OTCQX: , OTCQX: |
| Industry | Automotive |
| Founded |
Berlin, Germany (May 28, 1937) |
| Headquarters | Wolfsburg, Germany |
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Number of locations
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100 production facilities across 27 countries. |
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Area served
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Worldwide |
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Key people
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Hans Dieter Pötsch (Chairman of the Supervisory Board) Matthias Müller (Chairman of the Board of Management) |
| Products | Automobiles, commercial vehicles, engines, motorcycles, turbomachinery |
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Production output
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 10.02 million (2015) |
| Services | Banking, financing, fleet management, insurance, leasing |
| Revenue |
 €213.292 billion (2015) |
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€-4.069 billion (2015) |
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| Profit |
€-1.582 billion (2015) |
| Total assets |
€381.935 billion (2015) |
| Total equity |
€88.270 billion (2015) |
| Owner |
Porsche Automobil Holding SE (52.2%) State of Lower Saxony (20.0%) Qatar Investment Authority (17.0%) |
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Number of employees
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610,076 (2015) |
| Divisions |
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| Subsidiaries |
Transportation:
Designing Facilities:
Financial Services:
Logistics:
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| Website | volkswagenag |
| Group | Units | |
|---|---|---|
| Toyota | 10,104,424 | |
| G.M. | 9,285,425 | |
| Volkswagen | 9,254,742 | |
| Top 3 automakers 2012 by global volume, based on OICA data. | ||
| Group | Units | share |
|---|---|---|
| Volkswagen | 2,957,653 | 25.0 |
| PSA | 1,311,406 | 11.1 |
| RENAULT | 1,076,367 | 10.4 |
| Top 3 automakers 2013 by EU27 new passenger car volume, based on ACEA data | ||
Volkswagen Group (pronounced [ˈfɔlksˌvaːgən gʁuːp]), or Volkswagen Aktiengesellschaft (pronounced [ˈfɔlksˌvaːgən ˈʔakt͡si̯əngəˌzɛlʃaft]), shortly VW AG, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2016, it was the largest automaker in the world with sales 10.3 million units. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2016 Fortune Global 500 list of the world's largest companies.
Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the marques MAN, Scania, Neoplan and Volkswagen Commercial Vehicles. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and has approximately 340 subsidiary companies. VW also has two major joint-ventures in China (FAW-Volkswagen and SAIC Volkswagen). The company has operations in approximately 150 countries and operates 100 production facilities across 27 countries.
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