Volkswagen AG VLKPF

Profile

Sector

Consumer Cyclical

Industry

Auto - Manufacturers

CEO

Oliver Blume

Employees

662942

Country

DE

Volkswagen AG, a prominent German automotive group, manufactures and sells a wide range of vehicles and related products globally, with significant operations across Europe, North America, South America, and the Asia-Pacific. Its diverse activities are organized into four key segments: Passenger Cars and Light Commercial Vehicles, which encompasses vehicle, engine, and software development, along with the production and sale of passenger cars, their parts, and light commercial vehicles; Commercial Vehicles, responsible for designing, manufacturing, and distributing trucks, buses, and their associated services and parts; Power Engineering, offering large-bore diesel engines, turbomachinery, and propulsion components; and Financial Services, providing extensive dealer and customer financing, leasing, banking, insurance, fleet management, and mobility solutions. The company also produces motorcycles. Volkswagen AG boasts an impressive brand lineup, including Volkswagen Passenger Cars, Audi, SKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti. Founded in 1937 and headquartered in Wolfsburg, Germany, Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.