Volkswagen Overview
- Published on: Thursday, 12th September 2019
- Updated: Saturday, 28th September 2019
- industry: Manufacturing
- Website: https://www.volkswagenag.com
- Phone: +49-5361-9-0
- Email: vw@volkswagen.de
- No. of Employees: 1-5
- Operating Since: 2019
- Address: Berliner Ring 2, 38440 Wolfsburg, Germany
Company Description
With cars named for climate patterns, insects, and small mammals, Volkswagen (VW) leads the Continent as Europe's #1 carmaker. Along with Golf (Gulf Stream reference) and the New Beetle, VW's annual production of more than 7 million cars, trucks, and vans includes such models as Passat (trade wind), Jetta (jet stream), Rabbit, and Fox. VW also owns a garage full of luxury carmakers -- AUDI, Lamborghini, Bentley, and Bugatti. Other brands include SEAT (family cars, Spain) and Skoda (family cars, the Czech Republic). Late in 2009 VW acquired a 49.9% stake in Porsche for about E4 billion (almost $6 billion) as the first step in combining the two into an integrated car company.
