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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finance and volkswagen ag - All News and Analysis
Volkswagen Shorts: Who Goes Under?
Todd Sullivan submits: The FT has an article on the carnage from Volkswagen (VLKAY.PK). Einhorn's silence is concerning. It is so for a couple reasons. First, other managers have spoken out in regard to their losses and second, Einhorn has been uncharacteristically silent. In the past he has been...
German Engineering Doesn't Stop at Cars
Toro submits: I am more than a little amused at the saga of Porsche (POAHF.PK) sticking it to the hedge funds through their stealth purchase of Volkswagen (VLKAY.PK) shares. Porsche Automobil Holding SE is emerging as a potential big winner, and the target of heightened scrutiny, as hedge funds...
Volkswagen Saga: Major Short Squeeze
Trader Mark submits: We are obviously not involved with this "greatest short squeeze in history" as Volkswagen (VLKAY.PK) is on a German exchange and I wouldn't touch something this random and crazy with your 10 foot pole but some interesting developments - first Porsche (which is trying to buy shares...
Volkswagen: The World's Largest Company?
Jessica Johnson submits: On Tuesday, Volkswagen (VLKAY.PK) briefly became the world’s largest company by market capitalisation as panic-buying by hedge funds desperate to cover losses caused its value to shoot up by up to €150bn. Shares in Europe’s largest carmaker soared as high as €1,005 in early trading,...
The Largest Company in the World... Volkswagen
Hickey and Walters Bespoke submit: Yes Volkswagen (VLKAY.PK)! As just another example of how crazy things have become in this market, in terms of market capitalization, Volkswagen temporarily surpassed ExxonMobil XOM and became the largest company in the world this morning. The reason for today's move is due to an...
Volkswagen Group of America Unveils Major Educational Philanthropic Effort; Opens U.S. Headquarters
Company Contributes $2.1 Million for "Partners in Education" Program Designed to Support Region's Technical Training and Next Generation Engineering Programs HERNDON, Va. -- Volkswagen Group of America, Inc. today announced a five-year, $2.1 million comprehensive education initiative designed to support students and teachers interested in advanced automotive technology and...
VW director backs Porsche takeover as trade union protests
HAMBURG, Germany AFP — The head of Volkswagen, Martin Winterkorn, addressed a general assembly of VW shareholders Thursday to defend an eventual takeover by the sports car maker Porsche despite union protests. "We are pleased that Porsche has said it wants to take a majority holding in Volkswagen," the...
German state wants to keep minority blocking stake in VW: premier
FRANKFURT AFP — The German state of Lower Saxony wants to preserve a minority blocking stake in Volkswagen to ensure the company's stability, regional premier Christian Wulff said Thursday in a press interview. "After the war, Volkswagen was destined to become a group owned by the people, with its...
Fun drive with diesel power; Steve Hughes drives the Toyota Auris SR180 3-door
Byline: Steve Hughes VOLKSWAGEN must take the credit for the apparent contradiction of the diesel-powered GT. Until the arrival of the Golf in this guise a hot hatch was always petrol-powered and a diesel was a slug by comparison. Then came the 140mph Volkswagen Golf with a...
Lamborghini OC Secures OK for Newport Beach Showroom
Glabman Closes Costa Mesa Furniture Store; Nine Stores Set to Open at South Coast Plaza MARKETPLACE Lamborghini Orange County jumped one of its biggest hurdles to opening a dealership on Pacific Coast Highway in Newport Beach: the blessing of the California Coastal Commission. The approval puts the dealership...
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