Volkswagen AG VWAGY

Profile

Sector

Consumer Cyclical

Industry

Auto - Manufacturers

CEO

Oliver Blume

Employees

639608

Country

DE

Volkswagen AG, established in Wolfsburg, Germany, in 1937, operates as a subsidiary of Porsche Automobil Holding SE. This global automotive group is primarily engaged in the manufacturing and distribution of vehicles across key regions including Europe, North America, South America, and the Asia-Pacific. Its diverse operations are divided into four main segments: The Passenger Cars and Light Commercial Vehicles division focuses on designing, producing, and selling passenger automobiles, light commercial vehicles, engines, vehicle software, and associated parts. The Commercial Vehicles segment specializes in the development, production, and sale of trucks and buses, alongside offering related parts and services. The Power Engineering unit is dedicated to large-bore diesel engines, turbomachinery, and propulsion components. Lastly, the Financial Services segment provides a comprehensive suite of offerings, including dealer and customer financing, leasing, banking and insurance products, fleet management, and various mobility services. Beyond its automotive offerings, Volkswagen also produces motorcycles. The company's extensive portfolio encompasses prestigious brands such as Volkswagen Passenger Cars, Audi, ŠKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti.