Volkswagen AG - Company Profile
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Business Description
Volkswagen AG (Volkswagen) develops vehicles and engines., The company is involved in the development, production, and sale of passenger cars, light commercial vehicles, trucks, buses, and motorcycles. It operates 111 production facilities across 16 European countries and 10 countries in the Americas, Asia, and Africa. The company also offers financial services through Volkswagen Financial Services, which includes dealer and customer financing, leasing, banking and insurance activities, and fleet management.
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R&D Overview
Volkswagen focused its R&D initiatives on expanding battery expertise, developing software and new platforms, and creating new technologies. The company emphasized environmentally friendly products and services, aiming to enhance functionality, quality, safety, and environmental compatibility. The development alliance within the company played a significant role in driving transformation and reinforcing future viability. The R&D unit of Volkswagen is characterized by an efficient, cross-brand development alliance. This unit is responsible for integrating development activities across the Group, fostering collaboration among experts, and pooling development efforts to drive innovation and transformation. In FY2025, Volkswagen filed 7,915 patent applications worldwide, with a significant focus on cutting-edge fields such as driver assistance systems, automated driving, digitalization and automation, electromobility, and artificial intelligence. In FY2025, the company's automotive division spent EUR19,412 million on R&D, which as a percentage of revenue, stood at 6.7%.
Business Segments
Overview
Focuses on the development, production, and sale of trucks and buses, along with the corresponding genuine parts business and related services. It serves industries requiring transportation and logistics solutions.
Performance
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Overview
Includes dealership and customer financing, leasing, direct banking, insurance activities, fleet management, and mobility services. It serves the automotive industry by providing financial solutions related to vehicle purchases and management.
Performance
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Overview
Focuses on the development, production, and sale of passenger cars and light commercial vehicles, including genuine parts. It serves the automotive industry.
Performance
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Performance
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Geographical Segments
Target Markets
China, India and Japan.
Performance
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Target Markets
The UK, Turkey, Italy, Czech Republic, Spain, France, Poland, Russia, and South Africa.
Performance
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Performance
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Target Markets
Canada, the US and Mexico.
Performance
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Target Markets
Brazil and Argentina.
Performance
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