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.- CEO
- Oliver Blume
- Full Time Employees
- 639,608
- 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.
Volkswagen engineers charged with insider trading tied to Rivian joint venture
Volkswagen Q2 Earnings Call Highlights
Volkswagen reports weaker-than-expected Q2 earnings, lowers 2026 sales forecast
'Too many layers, too many entities' at Volkswagen, says CFO
Volkswagen Cuts Sales and Delivery Forecasts as Challenges Mount
Volkswagen expects full-year revenue squeeze after quarterly profit slump
Volkswagen revises down 2026 sales forecast after Q2 profit slump
Volkswagen Strengthens Horizon Robotics Tie-Up to Advance Self-Driving Technology in China
Volkswagen's CARIZON and Horizon Robotics deepen self-driving partnership in China
Volkswagen nears sale of stake in its India unit to JSW Group, Bloomberg News reports
Volkswagen workers to grill CEO on cuts at staff assemblies in August
Volkswagen enters the robotaxi race with its first passenger service launch in Germany
German state minister says higher tariffs could boost Chinese interest in VW plant
Volkswagen CEO says automaker weighing 50,000 additional job cuts
Volkswagen Warns It May Need to Cut 50,000 More Jobs
Volkswagen CEO threatens 50,000 more job cuts in memo to staff
Carmakers broadly win first round in huge UK lawsuits over diesel emissions
Skoda Auto says it is not directly impacted by VW overhaul plans
Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
Volkswagen Q2 deliveries fall 8.6% as demand in China slumps