BNET Industries
Last Fiscal Year Sales:$120.4B
- Public
- DE
Dow Jones Description
Helping you 'Arrive'! Volkswagen AG ( German: VOW) is one of the leading automobile manufacturers in the world. Number one in Europe, it produces over 5.2 million cars, trucks, and vans annually. Some of its models are Passat, Touareg, Phaeton, Lamborghini, Bentley, and Bugatti. It operates plants in Africa, the Americas, the Asia/Pacific region, and Europe and it is sold in about 150 countries. This $121.3 billion company is based in Wolfsburg, Germany and employs about 342,500 people. In March 2006 the company's Supervisory Board approved the sale of wholly-owned subsidiary Europcar to the French investment group Eurazeo
Number of Employees 369,928
Peer Companies
NAICS Code Motor Vehicle Body Manufacturing: 336211
Recent Events
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VW poised to make full bid for MAN SE: report ...
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MAN SE stock jumps on report that bid from VW looms
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Bugatti Veyron might land in India next year!
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California Lemon Law: Beware Transmission Problems
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Training centres, no power cuts: Chavan's promises...
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BRIEF: New Beetles coming
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Review: Audi R8, precision meets flair
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Suzuki-VW, a winners' alliance
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Volkswagen, Suzuki could develop the Maruti Alto replacement for India
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Volkswagen To Buy 19.9% Stake In Suzuki Motor
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Germany's Volkswagen to take 20 per cent stake in Japan's Suzuki
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Volkswagen set to buy up to 20% Suzuki stake
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VW Starts Production of First Model Made in India
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VW Takes Porsche Stake of 49.9 Percent
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UPDATE 1-Porsche experts absolve former execs of guilt
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Tax changes proposed to aid smaller Madoff investors
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Volkswagen Shareholders Approve Plan To Raise Capital To Finance Porsche Deal - Update
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Audi Parent Volkswagen Takes 49.9 Percent Stake in Porsche AG
News & Analysis
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board and volkswagen ag - All News and Analysis
Volkswagen supervisory board chief under fire at shareholder meet
- 2007-04-19
HAMBURG AFP — Volkswagen supervisory board chief Ferdinand Piech found himself under heavy fire at the annual shareholder meeting of Europe's biggest car maker here on Thursday. Critics argued that Piech's familial ties with VW's new major shareholder, luxury sports car maker Porsche, created a conflict of interests with...
Volkswagen chief nominated chairman of Scania
- 2007-03-06
STOCKHOLM AFP — Volkswagen's new chief executive Martin Winterkorn has been nominated as chairman of Swedish truck maker Scania in a new phase in the plans for a three-way tie-up with German group MAN, Scania said Tuesday. Winterkorn will replace Bernd Pischetsrieder as supervisory board chief, Scania said in...
VW prepares more management changes
- 2006-11-16
BERLIN AFP — Germany auto manufacturer Volkswagen plans more management changes imminently following the announced departure last week of of chief executive Bernd Pischetsrieder, a newspaper has reported. The executive in charge of the VW brand, Wolfgang Bernhard, would resign later on Thursday, the Frankfurter Allgemeine Zeitung said. Quoting "informed...
Major VW shareholder slams chief exec's sudden departure
- 2006-11-13
FRANKFURT AFP — The US investment fund Tweedy Browne, a big shareholder in Volkswagen, has criticised the departure of chief executive Bernd Pischetsrieder and denounced corporate governance issues at the company. "It is unthinkable to just dismiss the chairman of the board as he is about to turn the company...
Fate of Volkswagen chief to be decided April 20: report
- 2006-03-04
BERLIN AFP — Volkswagen Chairman Bernd Pischetsrieder, under attack from workers and the car maker's supervisory board over an unpopular restructuring plan, will learn his fate on April 20, German media reported. The weekly Der Spiegel, said the supervisory board is due to meet then to decide whether to...
Porsche chairman to take seat on Volkswagen's supervisory board
- 2006-01-20
FRANKFURT AFP — Wendelin Wiedeking, head of the German luxury sports car maker Porsche, is to take a seat on Volkswagen's supervisory board with immediate effect, a Porsche spokesman said. The spokesman said Wiedeking would take up his position immediately, while Porsche's finance chief Holger Haerter would take a...
Porsche eyes three seats on Volkswagen's supervisory board
- 2005-09-27
FRANKFURT AFP — German luxury sports car maker Porsche wants three seats on Volkswagen's supervisory board as part of its plans to acquire a 20-percent stake in Europe's biggest car maker. "If Lower Saxony with its stake of 18.2 percent has two seats on the board, then Porsche, as...
Together they stand; Scandal at Volkswagen.(supervisory board)
- 2005-07-16
Germany's "co-determination" rules should go Germany's "co-determination" rules should go
Volkswagen supervisory board members to meet July 13
- 2005-07-11
FRANKFURT AFP — Key members of Volkswagen's supervisory board, originally scheduled to meet Tuesday, will now convene Wednesday to discuss the resignation of the car maker's human resorces chief Peter Hartz. The board's four-member presidency committee, which comprises supervisory board chief Ferdinand Piech, the head of the IG Metall...
Volkswagen AG: Board of Management finalizes financial statements
- 2005-02-14
WOLFSBURG, Germany -- Annual statement 2004
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