Volkswagen AG
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Oliver Blume
- Full Time Employees
- 662,942
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Berliner Ring 2 Wolfsburg NI Germany 38440
- IPO Date
- Jan 2, 2003
- Website
- volkswagen-group.com
- Similar Companies
- Business
- Volkswagen AG Volkswagen AG is a leading global automobile manufacturer and the largest carmaker in Europe. Founded in 1937 and headquartered in Wolfsburg, Germany, the company with its subsidiaries produces a broad portfolio of passenger cars, light commercial vehicles, trucks, buses, motorcycles, and power engineering products; key brands include Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Audi, Bentley, Lamborghini, Porsche, SEAT/CUPRA, Škoda, Ducati, Scania, and MAN Truck & Bus; offerings encompass compact cars to luxury vehicles, genuine parts, mobility solutions, and financial services such as dealer and customer financing, leasing, banking, insurance, and fleet management. The group operates 114 production plants in 153 countries, with a strong presence in Europe, China, North America, and emerging markets in Asia and the Middle East, serving individual consumers, fleet operators, and corporate clients across volume, premium, and commercial vehicle segments. In recent developments, Volkswagen AG established a joint venture with Rivian Automotive in November 2024, named Rivian and Volkswagen Group Technologies, focusing on next-generation electrical architecture and software for electric vehicles across all segments, with Volkswagen investing up to $5.8 billion by 2027 including an initial $1 billion convertible note and 50% equity stake; the company expanded its China operations through the "in China for China" initiative, enabling full vehicle platform development in Hefei with 50% lower EV production costs, new batch testing centers, and exports of China-developed petrol sedans and EVs to the Middle East, Southeast Asia, and Central Asia; additionally, Volkswagen strengthened its long-term partnership with SAIC Motor, acquired shares in Horizon Robotics for autonomous driving technology, and committed up to 1 billion euros in AI investments by 2030 for vehicle design, industrial applications, and IT infrastructure.
Company News
Volkswagen Shakes Up U.S. Leadership Again After Steep Sales Declines
Explainer: Why a longer working week may not fix Volkswagen's woes
Volkswagen's road to restructuring
Volkswagen contracts 'must be honored': IG Metall negotiator
Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to Survive
Nokia set to rejoin Euro Stoxx 50, Volkswagen dropped
Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports
German state leader urges joint effort to solve Volkswagen crisis
German unions warn of massive opposition in turnaround dispute with Volkswagen
VW's Struggles: China Is Key, But The Lock Is Broken
Lower Saxony premier urges agreement on VW restructuring before board meeting
Explainer: Can Volkswagen sidestep board opposition to push through its overhaul?
Volkswagen CEO tells staff cost-cutting journey 'is not over'
VW Says Half of Global Job Cuts Will Come From Germany
Volkswagen labour chief says confidence in CEO damaged but can be repaired
Porsche inks $1.5 billion deal for AI deployment with India's largest IT services firm Tata Consultancy
Volkswagen workers criticise board's communication
VW's Blume says overhead costs 30% above rivals, 50,000 jobs figure a guide
Kessler Topaz Meltzer & Check, LLP Files a Class Action Lawsuit Against Volkswagen for Selling Vehicles With Defective Batteries that Catch Fire
Skoda CEO says VW aims to finalise India partner this year to share risk, drive growth