Type | Public (AG) | ||
Traded as: | FWB: VOW, VOW3 OTCQX: VLKAY | ||
Industry: | Automotive | ||
Founded : | 28 May 1937, Berlin | ||
Headquarters : | Wolfsburg, Germany | ||
Area served: | Worldwide | ||
Production facilities : | more then 100 | ||
Key people : | Hans Dieter Pötsch (Chairman of the Supervisory Board), Dr. Herbert Diess (Chairman of the Board of Management) | ||
Products: | Automobiles, commercial vehicles, engines, motorcycles, turbomachinery | ||
Production output: | 10.14 million (2014) | ||
Services: | Banking, financing, fleet management, insurance, leasing | ||
Divisions : | Automotive Division, Financial Services Division | ||
Subsidiaries : | Transportation: Audi Bentley Motors Bugatti Automobiles Ducati Ducati Corse Lamborghini MAN SE Neoplan Porsche Scania SEAT Skoda Auto VW Commercial Vehicles Volkswagen Volkswagen Marine Designing Facilities: Italdesign Giugiaro Financial Services: VW Financial Services AG Volkswagen Leasing GmbH Volkswagen Immobilien Logistics: VW Group Fleet International Volkswagen Group Supply Volkswagen Air Service Industrial: Volkswagen Industrial Motor International: Volkswagen Group China Volkswagen Group India Volkswagen Group of America Volkswagen Group Australia Volkswagen Group Malaysia Volkswagen do Brasil Volkswagen Group Ireland Volkswagen Group Italia Volkswagen of South Africa Volkswagen Group UK | ||
Website : | http://volkswagenag.com/ | ||
Revenue : | US$ 268.55 billion (2014) | ||
Operating income: | €12.7 billion (2014) | ||
Profit: | €10.847 billion (2014) | ||
Total assets: | €351.209 billion (2014) | ||
Total equity: | €90.189 billion (2014) | ||
Owner: | Porsche Automobil Holding SE, Volkswagen Holdings, State of Lower Saxony, Qatar Investment Authority, Capital Group Companies | ||
Number of employees: | 588902 (2015) | ||
List of products by the Volkswagen Group |
Volkswagen Group or Volkswagen Aktiengesellschaft (short form VW AG) is a German multinational automotive company. It designs, manufactures, finances and sells passenger and commercial vehicles, engines and turbomachinery. It's headquartered in the city of Wolfsburg, Lower Saxony, Germany.
Table of contents
History
1937 to 1945
Volkswagen ("People's car" in German) was founded on 28 May 1937 in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ("Limited Liability Company for the preparation of the German People's Car", abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front).The initial goal for the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and now known as the Volkswagen Beetle. The Type 1 was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ("Volkswagen Factory limited liability company").
Shortly after the factory near Fallersleben was completed, World War II started and the plant was ordered to build vehicles for the military, primarily the Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.
Corporate affairs and identity
Products
Divisions
Competitors
Further reading
Volkswagen
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