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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manufacturing and volkswagen ag - All News and Analysis
VW Buys £1.5 Billion Suzuki Stake
By Chang-Ran Kim and Christiaan HetznerTOKYO/FRANKFURT (Reuters UK) - Germany's Volkswagen AG VOWG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion (1.5 billion pounds), tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.The move...
Suzuki: Volkswagen to Take 19.9 Percent Stake in It
TOKYO (Reuters) - Suzuki Motor Corp said Volkswagen VOWG will take a 19.9 percent stake in it for about 222.5 billion yen ($2.5 billion) as part of an alliance between the two automakers.Suzuki, Japan's fourth-largest automaker, said it would hold a news conference at 0800 GMT to brief on...
Volkswagen's U.S. Goal is a Cool 1 Million Sales Annually
Volkswagen has its sights set on passing Toyota to become the world's No. 1-selling automaker. A huge increase in U.S. sales is an important part of the plan. by Jim Henry
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 Demonstrates the Market's Sturm und Drang
Money Morning submits: By Jennifer Yousfi Short-sellers scrambling for cover sent shares of Volkswagen AG (VLKAY.PK) rocketing up more than $1,000 each Tuesday, to briefly give the German automaker the most valuable market capitalization in the world. by Money Morning
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...
Porsche says it has demanded changes to VW statutes
FRANKFURT AFP — Porsche, the German sports car maker, cranked up pressure on Volkswagen Friday, saying it had urged the biggest European carmaker to scrap corporate statutes that have been ruled illegal. The manufacturer of the 911 sports car currently owns 31 percent of the shares in VW and...
Porsche revs up long-mooted bid for VW
FRANKFURT AFP — German luxury sports car maker Porsche indicated Monday it was preparing to take a majority stake in its much larger German rival Volkswagen, the biggest car maker in Europe. Porsche's supervisory board approved a plan to increase its VW stake to more than 50 percent, from...
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...
Wolfsburg owners admit they are courting Lehmann
BERLIN AFP — The owners of Bundesliga side VfL Wolfsburg - car giants Volkswagen - have strengthened speculation around Arsenal's disgruntled goalkeeper Jens Lehmann by admitting they are courting Germany's first-choice shot-stopper. Lehmann, 38, has been out of favour at the English Premier League side since being replaced by...
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