BNET Industries
Last Fiscal Year Sales:$120.4B
- Public
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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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Audi AG Chief Rupert Stadler to join Board of Management of Volkswagen Aktiengesellschaft
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MAN finance chief to step down
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Magna seeks compensation from Porsche: report
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U.S. Stocks Up; Central Banks Diversify
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German carmaker Volkswagen to buy some assets of German contract carmaker Karmann
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Auto cos seek Indian HNIs with mind-boggling prices
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VW to buy Karmann assets, create new model
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Higher Losses at German Banks; Porsche Loss
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UPDATE 1-VW board set to approve Porsche contracts - sources
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EDTA - This Week in EV-Motoring
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European Markets Decline; VW Drops 6%
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New Kings of the Road
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Volkswagen Beetle launch in India next month
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'Beetle' to hit Indian roads in December
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Integrated automotive group: Volkswagen will take a 49.9 per cent stake in Porsche AG in...
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RLPC-UPDATE 1-Porsche pushes to agree 8.5 bln eur loan-bankers
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Porsche board okays merger contract with Volkswagen
News & Analysis
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brazil and volkswagen ag - All News and Analysis
Continued Success for Semcon in Brazil
- 2007-05-21
STOCKHOLM, Sweden -- Semcon's (STO:SEMC) Automotive R&D business area has, in a short time, signed deals with three customers in Brazil worth just over SEK 20 million. The three customers are General Motors, Volkswagen and Volvo Powertrain. Semcon will provide development and design services to General Motors, while the...
Volkswagen Brazil workers to strike over layoffs
- 2006-05-12
SAO PAULO AFP — Volkswagen workers will hold a series of strikes starting May 22 at the German automaker's five plants in Brazil to protest layoffs, the major union federations announced. "Protests on each day of the strike will call the public's attention to the impact of Volkswagen's action,"...
New horizons: Brazil's Sao Sebastiao port gets a makeover to compete with Brazil's overworked shipping facilities
- 2005-05-01
Running between the mainland of Sao Paulo state and the large island of Ilhabela, the waters of the port of Sao Sebastiao channel run calm and deep. Dredging is not a concern here. Even the biggest ships can call on this port as easily as any other in Brazil....
Brazil: Truck industry up.
- 2004-11-18
Brazil, Nov 18, 2004 (Valor Economico /SABI via COMTEX) The left of General Motors and International from the Brazilian truck market, two years ago, is opening space for another companies. Iveco transferred a truck line from Cordoba Argentina to Sete Lagoas Minas Gerais state,...
Car assembling sector predict lower investments.
- 2004-04-24
Brazil, Apr 23, 2004 (Valor Economico /SABI via COMTEX) The Brazilian car assembling market predicts cut on investments. The division of Volkswagen has been investing R$2bil over the past five years mostly directed at the modernization of the ABC plant and the construction of...
Flex-fuel car conquers Brazil.
- 2004-03-25
Brazil, Mar 24, 2004 (O Estado de Sao Paulo/SABI via COMTEX) This year, about 250,000 flex-fuel cars - which work with alcohol or gasoline in the same tank - will be sold in Brazil, accounting for 15% of the sales predicted for 2004. For the...
Flex Fuel vehicle sales up.
- 2004-03-02
Brazil, Mar 1, 2004 (Gazeta Mercantil/SABI via COMTEX) In January 2004, the Flex Fuel vehicles - accept gasoline and alcohol in the same tank - accounted for 27.3% of Volkswagen's sales in Brazil. The company expects that the Flex Fuel models will be accounting...
Flex fuel vehicle production up.
- 2004-02-17
Brazil, Feb 16, 2004 (Valor Economico /SABI via COMTEX) Last year, flex fuel cars accounted for 4% of the total vehicle sales in Brazil. Volkswagen, the first assembler to launch a flex fuel model, the Gol Total Flex, in March 2003, predicts that the new...
Assemblers struggle for leadership.
- 2003-10-31
Brazil, Oct 20, 2003 (O Estado de Sao Paulo/SABI via COMTEX) The car assemblers are struggling for the leadership in Brazil. Over the Jan-Oct 2003 period, General Motors is just 2,170 cars behind Fiat, and it launched a huge campaign aiming at ending the year...
Volks leads exports in Parana.
- 2003-07-14
Brazil, Jul 14, 2003 (Gazeta Mercantil/SABI via COMTEX) The plant of Volkswagen/Audi plant in Sao Jose dos Pinhais Parana state has repeated the performance of the past two years and remained as the major exporter of the state in 2002. With 50% of the output...
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