Volkswagen Group

Volkswagen (German pronunciation: [ˈfɔlksˌvaːɡn̩] (listen)),[Note 1] abbreviated as VW ([faʊˈveː] (listen)), is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-World War II by the British Army Officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017.[2] The group's biggest market is in China, which delivers 40 percent of its sales and profits.[3][4] Its name is derived from the German-language terms Volk and Wagen, translating to "people's car" when combined.

Volkswagen Group
ISINDE0007664005
DE0007664039 Edit this on Wikidata
Headquarters,
Germany
Revenue250,200,000,000 euro (2021) Edit this on Wikidata
7,103,000,000 euro (2016) Edit this on Wikidata
15,428,000,000 euro (2021) Edit this on Wikidata
Total assets409,732,000,000 euro (2016) Edit this on Wikidata
Number of employees
672,800 (2021) Edit this on Wikidata
DivisionsBentley
FAW
MAN
Porsche
Scania AB
SEAT
Skoda
Volkswagen
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.