BNET Industries
Last Fiscal Year Sales:$120.4B
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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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Maybach Fails to Dent Rolls and Bentley
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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 India Car
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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
News & Analysis
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VOLKSWAGEN DALIAN GEARBOX PLANT STARTED BUILDING
AsiaInfo Services 03-13-2008 Volkswagen Dalian Gearbox Plant Started Building DALIAN, Mar 13, 2008 SinoCast via COMTEX -- Volkswagen AG, a leading carmaker in the world, has started building its gearbox factory in Dalian, northeastern China's Lia AsiaInfo Services 03-13-2008 Volkswagen...
JAPANESE CARMAKERS SHAKE VOLKSWAGEN & GM DOMINANCE IN CHINA
AsiaInfo Services 12-26-2007 Japanese Carmakers Shake Volkswagen & GM Dominance in China GUANGZHOU, Dec 26, 2007 SinoCast via COMTEX -- The dominance of German carmaker Volkswagen and US carmaker General Motors in the Chinese market i AsiaInfo Services ...
Malaysia's Proton, VW edge towards partnership: source
KUALA LUMPUR AFP — Malaysian carmaker Proton and German auto giant Volkswagen AG are cautiously edging towards a partnership after a second round of talks in Thailand, officials said Sunday. "Negotiations between Proton and Volkswagen are ongoing," said Ahmad Shahizam, spokesperson with the government's investment arm, Khazanah Nasional. He...
Malaysia's Proton, VW close to tie-up: report
KUALA LUMPUR AFP — Malaysia's ailing national carmaker Proton and Volkswagen AG are close to sealing a tie-up that will likely see the German firm take a 51 percent stake in its key assets, a report said Thursday. Citing unnamed sources, The Edge Financial Daily said a new company...
Malaysia says Proton-VW talks back on
KUALA LUMPUR AFP — Malaysian officials said Friday talks were back on with Volkswagen in an apparent last-ditch attempt to forge a strategic alliance for besieged national carmaker Proton. Prime Minister Abdullah Ahmad Badawi had said late Thursday that the talks with Volkswagen had failed, leaving the struggling carmaker...
Malaysian PM to meet Volkswagen over Proton
KUALA LUMPUR AFP — Prime Minister Abdullah Ahmad Badawi will meet representatives from German auto giant Volkswagen to discuss the future of ailing Malaysian carmaker Proton, officials said Monday. Facing increasing pressure to find a strategic partner for the loss-making firm, Abdullah vowed to announce a decision "as soon...
Malaysia's Proton, VW talks hit bumpy road
KUALA LUMPUR AFP — Talks between troubled Malaysian carmaker Proton and German giant Volkswagen AG that began last year have hit a bumpy patch, a report said Sunday. The Edge business weekly newspaper said that officials from Proton and Volkswagen had met several times but have yet to formalise...
Malaysian PM says Proton in talks with VW
KUALA LUMPUR AFP — Malaysia's Prime Minister Abdullah Ahmad Badawi has said troubled carmaker Proton and German giant Volkswagen AG are in negotiations, but declined to give details of the deal, a report said. "I don't want to comment because it is being negotiated," Abdullah was quoted as saying...
Volkswagen, Proton to cooperate but no VW shareholding
KUALA LUMPUR AFP — German automaker Volkswagen will collaborate with Proton on a range of technical and training projects, but has given up plans for any shareholding, the Malaysian carmaker announced. Proton said in a statement late Friday the two would cooperate on technical and engineering matters, training and...
Proton shares dive after Volkswagen scraps alliance
KUALA LUMPUR AFP — Shares in Malaysia's Proton dived in early trade on news that German auto giant Volkswagen had called off plans to forge a business partnership with the national carmaker. Volkswagen chief executive Bernd Pischetsrieder told auto analysts in Michigan this week the alliance which has been...
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