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Company name | Volkswagen Group Volkswagen Aktiengesellschaft | Company type | Public company � Aktiengesellschaft | Industry | Automotive | Founded | Germany (1937) | Headquarters | Wolfsburg | No. of locations | 61 production plants in 21 countries | Area served | Worldwide | Key people | Ferdinand K. Piëch (Chairman of the supervisory board) Martin Winterkorn (CEO and Chairman of the board of management) | Products | Automobiles, commercial vehicles, engines | Production output | (+)7,357,505 units for sale in 153 countries (2010) | Services | Financial services | Revenue | -126.88 billion (2010) | Operating income | -7.141 billion (2010) | Net income | -6.835 billion (2010) | Total assets | -199.39 billion (end 2010) | Total equity | -48.71 billion (end 2010) | Employees | 399,380 (end 2010) | Divisions | Automotive Division, Financial Services Division | Subsidiary | Automotive title=Automotive vehicle brand companies: AUDI AG, Bentley Motors Limited, Bugatti Automobiles S.A.S. (subsidiary of Volkswagen France), Lamborghini S.p.A. (subsidiary of Audi AG), SEAT, S.A., Škoda Auto, Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Scania AB (publ) Financial Services title=Financial Services Volkswagen Financial Services AG, Volkswagen Leasing GmbH {{Collapsible list|title=Others|logistics: Volkswagen Group Fleet International, Volkswagen Group Supply, Volkswagen Air Service marine: Volkswagen Marine industrial: Volkswagen Industrial Motor international: Volkswagen Group China, Volkswagen Group of America, Inc., Volkswagen Group Australia, Volkswagen do Brasil, Volkswagen Group Ireland, Volkswagen Group Italia S.p.A., Volkswagen of South Africa (Pty) Ltd, Volkswagen Group United Kingdom Ltd.}} |
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Volkswagen Group (sometimes abbreviated to VW Group) is a German automobile manufacturing group. , Volkswagen was ranked as the world’s third largest motor vehicle manufacturer and Europe's largest.
The Group's parent company Volkswagen Aktiengesellschaft, usually abbreviated to Volkswagen AG, develops vehicles and components for all marques of the whole group, and also manufactures complete vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles marques. Volkswagen Group is divided into two primary divisions: the Automotive Division, and the Financial Services Division. The Group consists of 342 Group companies, which are involved in either vehicle production or other related automotive services.
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