Volkswagen Group
Appearance
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![]() Headquarters in Wolfsburg, Germany | |
Company type | Public (AG) |
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FWB: VOW, VOW3 DAX component (VOW3) | |
ISIN | DE0007664005 |
Industry | Automotive |
Founded | 28 May 1937Berlin, Germany | , in
Founder | German Labour Front |
Headquarters | , Germany |
Number of locations | 100 production facilities across 27 countries |
Area served | Worldwide |
Key people | Hans Dieter Pötsch (Chairman of the Supervisory Board)[1] Oliver Blume (Chairman of the Board of Management)[2][3] |
Products | Automobiles, commercial vehicles, internal combustion engines, motorcycles, turbomachinery |
Production output | ![]() |
Brands | Design: |
Services | Banking, financing, fleet management, insurance, leasing[6] |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owners |
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Number of employees | ![]() |
Subsidiaries | Transportation:[5]
Financial services:
Logistics:
Industrial:
International:
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Website | volkswagen-group |
Volkswagen (German pronunciation: [ˈfɔlksˌvaːɡn̩] (listen)),[Note 1] abbreviated as VW ([faʊˈveː] (listen)), is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-World War II by the British Army Officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017.[2] The group's biggest market is in China, which delivers 40 percent of its sales and profits.[3][4] Its name is derived from the German-language terms Volk and Wagen, translating to "people's car" when combined.
References
[change | change source]- ↑ "Extensive revision of Volkswagen Group management structure decided". Volkswagen Media Services. Archived from the original on 13 April 2018. Retrieved 12 April 2018.
- ↑ "Oliver Blume follows Herbert Diess as Chairman of the Board of Management of the Volkswagen Group". Volkswagen News. 22 July 2022. Archived from the original on 1 September 2022. Retrieved 1 September 2022.
- ↑ ""Team spirit, fairness and passion are key"". Volkswagen News. 1 September 2022. Archived from the original on 15 October 2022. Retrieved 1 September 2022.
- ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 "Full Speed Ahead To The Future. 2021 Annual Report" (PDF). Volkswagen Group. 15 March 2022. Retrieved 15 March 2022.
- ↑ 5.0 5.1 Volkswagen AG 2012, pp. U60–U73.
- ↑ Volkswagen AG 2012, p. 110.