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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UPDATE 1-MAN down on talk about pressure to bid for Scania
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Report from Europe: The Fallout from the Dubai Sandstorm Lingers
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Upgrades and Downgrades: American Eagle Soars
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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
News & Analysis
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job and volkswagen ag - All News and Analysis
Volkswagen chief resigns, leaving job cuts to successor
- 2006-11-07
BERLIN AFP — German car group Volkswagen announced that chief executive Bernd Pischetsrieder would step down at the end of December, a surprise move that comes at a difficult time for Europe's biggest auto manufacturer. Pischetsrieder has been responsible for pushing through a vast restructuring plan to cut costs and...
Management, unions reach deal on Spanish car job cuts
- 2005-12-03
MADRID AFP — Management and unions at the Spanish carmaker SEAT have reached a preliminary agreeement on the cutting of 700 jobs, Spanish financial newspapers have reported. The manufacturer, a subsidiary of the German group Volkswagen, had originally wanted to scrap 1,346 jobs out of a total of 14,000....
Volkswagen plans to cut 10,000 jobs
- 2005-09-03
HAMBURG, Germany AFP — Volkswagen plans to cut 10,000 jobs from its workforce over the next few years as it reduces production. Europe's largest car maker has been rocked by a corruption scandal, intends to concentrate the redundancies in Germany, in particular its northern Wolfsburg factory, according to the...
Volkswagen to create 1,500 jobs.
- 2005-04-07
MEXICO CITY, Apr 07, 2005 (Corp Mex - Business Brief/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Source: Reforma - Negocios MEXICO CITY, Apr 07, 2005 (Corp Mex - Business Brief/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Source: Reforma - ...
Darwin meets job creationism; Volkswagen.(Volkswagen's labour deal)
- 2004-11-06
United against Darwin United against Darwin
Volkswagen workers walk out in Hanover, wage talks to continue
- 2004-11-02
FRANKFURT AFP — Hundreds of workers at German auto maker Volkswagen's Hanover plant walked off the job, as management and union representatives readied to resume deadlocked wage and job talks. Two stoppages were scheduled throughout the day, while around 30,000 workers were expected to gather at VW headquarters in...
Brazil: Volkswagen generates 400 jobs in Resende.
- 2004-10-19
Brazil, Oct 19, 2004 (Gazeta Mercantil/SABI via COMTEX) Brazil, Oct 19, 2004 (Gazeta Mercantil/SABI via COMTEX)
Volkswagen to Slash Jobs In Brazil
- 2003-07-22
Volkswagen plans to cut 4,000 jobs in Brazil due to weak car sales in the first half of the year, The Wall Street Journal reported.
BRAZIL: VOLKSWAGEN TO SLASH JOBS IN BRAZIL.(Brief Article)
- 2003-07-22
Volkswagen plans to cut 4,000 jobs in Brazil due to weak car sales in the first half of the year, The Wall Street Journal reported. The German carmaker will slash nearly 16 percent of 24,800 Brazilian jobs because of overcapacity at its five ... ...
Volkswagen production cuts will mean loss of 6,300 jobs.
- 2003-07-03
Mexico, Jul 3, 2003 (El Financiero/SABI via COMTEX) Mexico, Jul 3, 2003 (El Financiero/SABI via COMTEX)
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