Overview
Employees
92,648 employees
Revenue
$10+ billion (USD) per year
Headquarters
Wolfsburg, Niedersachsen
Category
Consumer Discretionary Products
The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. The Group is made up of twelve brands from seven European countries: Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The Group operates 120 production plants in 20 European countries and a further eleven countries in the Americas, Asia and Africa. Each working day, around 630,000 employees worldwide produce some 43,000 vehicles, are involved in vehicle-related services or work in the other fields of business. The Volkswagen Group sells its vehicles in 153 countries. Our goal is to make mobility sustainable for us and for future generations. Our promise: With electric drive, digital networking and autonomous driving, we make the automobile clean, quiet, intelligent and safe. At the same time, our core product becomes even more emotional and offers a completely new driving experience. It is also becoming part of the solution when it comes to climate and environmental protection. In this way, the car can continue to be a cornerstone of contemporary, individual and affordable mobility in the future. #Shapingmobility Legal notice: https://www.volkswagen.de/de/mehr/rechtliches/legal-notices-social-media.html Imprint: https://www.volkswagenag.com/en/meta/provider-identification.html Volkswagen AG manufactures and sells vehicles. The Company offers economy and luxury automobiles, sports cars, trucks, and commercial vehicles. Volkswagen serves customers worldwide. With cars named for climate patterns, insects, and small mammals, Volkswagen (VW) leads the Continent as Europe's #1 carmaker. Along with Golf (Gulf Stream reference) and the New Beetle, VW's annual production of more than 7 million cars, trucks, and vans includes such models as Passat (trade wind), Jetta (jet stream), Rabbit, and Fox. VW also owns a garage full of luxury carmakers -- AUDI, Lamborghini, Bentley, and Bugatti. Other brands include SEAT (family cars, Spain) and Skoda (family cars, the Czech Republic). Late in 2009 VW acquired a 49.9% stake in Porsche for about E4 billion (almost $6 billion) as the first step in combining the two into an integrated car company.
