Volkswagen AG - Company Profile
Powered by
All the data and insights you need on Volkswagen AG in one report.
- Save hours of research time and resources with
our up-to-date Volkswagen AG Strategy Report
- Understand Volkswagen AG position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Volkswagen AG (Volkswagen), a subsidiary of Porsche Automobil Holding SE, is an automobile manufacturer. The company develops vehicles and engines, and produces and sells passenger cars, trucks, buses and motorcycles, light commercial vehicles, genuine parts, turbomachinery, large-bore diesel engines, propulsion components, special gear units and testing systems. It also provides leasing, banking and insurance, dealer and customer financing, and fleet management and mobility services. Volkswagen markets products under brands such as Volkswagen, Porsche, Bugatti, Lamborghini, Bentley, Audi, Ducati, Scania and Cupra. It has operations in Europe, North America, South America, Asia Pacific and other regions. The company has production facilities across the world. Volkswagen is headquartered in Wolfsburg, Niedersachsen, Germany.
Volkswagen AG premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Passenger Cars | Dealer and Customer Financing | Volkswagen |
Luxury Sedans | Banking and Insurance Activities | Porsche |
Sport Utility Vehicles | Leasing | SEAT |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In April, the company announced its plans to invest US$210 million to modernize its manufacturing plant in Kariega, South Africa. |
2024 | Plans/Strategy | In April, the company announced its plans to invest US$2.7 billion for the expansion of its research and development operations in Hefei, Anhui Province, China. |
2024 | Contracts/Agreements | In April, Volkswagen Mobility Solutions Rwanda entered into a partnership with Vivo Energy Rwanda Engen Licensee to launch MOGAS95 fuel. |
Competitor Comparison
Key Parameters | Volkswagen AG | Toyota Motor Corp | General Motors Co | Bayerische Motoren Werke AG | Mercedes-Benz Group AG |
---|---|---|---|---|---|
Headquarters | Germany | Japan | United States of America | Germany | Germany |
City | Wolfsburg | Toyota-Shi | Detroit | Muenchen | Stuttgart |
State/Province | Niedersachsen | Aichi | Michigan | Bayern | Baden-Wurttemberg |
No. of Employees | 684,025 | 375,235 | 163,000 | 154,950 | 166,056 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Oliver Blume | Director; Chief Executive Officer; Chief Executive Officer - Porsche | Executive Board | 2022 | 55 |
Arno Antlitz | Chief Operating Officer; Chief Financial Officer; Head - Finance and Operations | Senior Management | 2022 | 53 |
Susanne Franz | Chief Marketing Officer | Senior Management | 2024 | - |
Dirk Voeste | Chief Sustainability Officer | Senior Management | 2023 | - |
Hans Dieter Potsch | Chairman | Non Executive Board | 2015 | 72 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer