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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Revenue at Porsche's Core Unit Drops
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UPDATE: Qatar Raises Volkswagen Stake;Gets Porsche Board Seat
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Auto-production recovery could raise world lead prices
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Volkswagen Launches VWWinterWunderland.com
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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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Nissan CEO: Not Mulling New Tie-Upgrades; Focused On Earnings Recovery
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Volkswagen set to buy up to 20% Suzuki stake
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Renault, Daimler in Talks on Small Cars
News & Analysis
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company and volkswagen ag - All News and Analysis
Volkswagen of America, Inc. Announces New Strategic Direction, Move to Virginia and Restructure of U.S. Operations
To: STATE EDITORSContact: Steve Keyes of Volkswagen of America, Inc., +1-248-754- 4391, Steve.Keyes@vw.com AUBURN HILLS, Mich., Sept. 6 /PRNewswire/ -- Volkswagen of America, Inc. today announced that as part of its new strategic direction, the Company will relocate its U.S. corporate headquarters to Virginia and also streamline and restructure its...
/C O R R E C T I O N -- Hayes Lemmerz International, Inc./.
NORTHVILLE, Michigan, April 20 /PRNewswire/ -- In the news release, "Hayes Lemmerz South Africa Operations Earns Top Supplier Award" issued on 20 Apr 2006 20:00 GMT, by Hayes Lemmerz International, Inc. nasdaq:HAYZ over PR Newswire, we are advised by a representative of the company...
Wescast Announces New European Business.
BRANTFORD, ONTARIO, Nov 1, 2005 CCNMatthews via COMTEX -- Wescast Industries Inc. ("Wescast")(TSX:WCS.SV.A) announced today that its European business unit, Wescast Hungary Autoipari Rt., has been awarded new business contracts with PSA Peugeot Citroen, Volkswagen AG and Ford of Europe. PSA Peugeot Citroen...
SALES OF SHANGHAI VOLKSWAGEN TUMBLED IN Q1
AsiaInfo Services 06-27-2005 Sales of Shanghai Volkswagen Tumbled in Q1 SHANGHAI, Jun 27, 2005 SinoCast via COMTEX -- Shanghai VolkswagenAutomotive Company Ltd., a long-term champion inChina's auto list, dropped to the sixth in the domesticma AsiaInfo Services ...
Labor conflict in Volkswagen close to an end.
MEXICO CITY, Aug 08, 2003 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The labor conflict in Volkswagen de Mexico is expected to end today as the company and its employees are very close to reaching agreement on the app MEXICO CITY, Aug 08,...
VW-union talks still bogged down by money.
MEXICO CITY, Jul 24, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Wednesday's negotiations between the Mexican subsidiary of the German car manufacturer Volkswagen and its union ended without any real progress because th MEXICO CITY, Jul 24, 2003 (Notimex/Corporate Mexico by Internet ...
Slow going in negotiations between Volkswagen and unions.
MEXICO CITY, Jul 8, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The general secretary of the Volkswagen Workers Union reported poor results after the first day of negotiations with the company, saying the union did not MEXICO CITY, Jul 8, 2003 (Notimex/Corporate...
Volkswagen suspends personnel cuts and work stoppages.
MEXICO CITY, Oct 10, 2002 (Apro Newswire/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Volkswagen de Mexico has announced that it will not begin to apply its lay-off program for the time being, said spokesman Thomas Karig Gerecht.The d MEXICO CITY, Oct 10, 2002 (Apro...
GERMAN REFORM: Companies concerned about money-back guarantee provision.(planned pension funds)(Brief Article)(Statistical Data Included)
FRANKFURT - Executives at leading German companies are concerned about the new pension funds to be introduced later this year as part of Germany's sweeping reform of domestic pension savings. They are worried the new ``pensionsfonds'' that will be FRANKFURT - Executives at...
Brazil: Seat to export to Mexico.
Seat, subsidiary of Volkswagen is to start exports to Mexico by March 2001. The company, also operating in Argentina, ended 2000 with a growth of 30% in the sales in Brazil if compared to 1999. The exports to Mexico will be made through the Mexican- ...
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