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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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 Model Made in India
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VW Takes Porsche Stake of 49.9 Percent
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Volkswagen buys 49.9% stake in Porsche
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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
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Audi Parent Volkswagen Takes 49.9 Percent Stake in Porsche AG
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'Wrap artist' lays tracks with mobile billboard
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Volkswagen starts production of first India car
News & Analysis
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Porsche, VW workers square up in German takeover drama
STUTTGART, Germany AFP — Friction is mounting between German automaker Porsche and workers at Volkswagen, where employee representatives fear losing their influence if VW is swallowed up by Porsche. Porsche head Wendelin Wiedeking fired the first shot earlier this month, unveiling his plans to take control of Volkswagen, the...
Volkswagen Brazil workers to strike over layoffs
SAO PAULO AFP — Volkswagen workers will hold a series of strikes starting May 22 at the German automaker's five plants in Brazil to protest layoffs, the major union federations announced. "Protests on each day of the strike will call the public's attention to the impact of Volkswagen's action,"...
VW to add 1,000 employees to Puebla workforce.
MEXICO CITY, Jan 17, 2005 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Volkswagen de Mexico will create 1,000 new jobs during the first quarter of 2005, as it begins producing its Jetta A4 model once again at its plant MEXICO CITY, Jan...
Volkswagen workers walk out in Hanover, wage talks to continue
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...
Volkswagen executives and workers discuss salary hikes.
MEXICO CITY, Aug 10, 2004 (Cronica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- On Monday, negotiations between Volkswagen executives and the carmaker's union were transferred to the Federal District of Mexico City in order to analyze MEXICO CITY, Aug 10, 2004 (Cronica/Corporate Mexico by Internet...
Volkswagen workers to continue with 4x3 work week.
MEXICO CITY, Jan 29, 2004 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Workers of Volkswagen de Mexico agreed to continue with the four day work week (4x3) scheme in order to avoid more than 3,000 jobs cuts. Union workers exp MEXICO CITY, Jan 29,...
Volkswagen workers want to keep workweek reduction scheme.
Mexico, Jan 16, 2004 (El Economista/SABI via COMTEX) Mexico, Jan 16, 2004 (El Economista/SABI via COMTEX)
Volkswagen.(Around The Country)(new labor pact at Puebla pact)(Brief Article)
Volkswagen reached a salary agreement with workers at its plant in Puebla just in time to prevent a strike the union had planned for mid-August. The auto maker will pay a 5.25% salary increase and will bump up non-cash benefits to its nearly 10,000 w Volkswagen...
Volkswagen presents workers with new proposal today.
MEXICO CITY, Aug 05, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The Labor Secretariat has stated that Volkswagen de Mexico is set to present a new proposal to the workers in its Puebla plant today in order to try and r MEXICO CITY,...
Volkswagen accepts reduction in working week.
MEXICO CITY, Jul 16, 2003 (El Economista - Empresas y Negocios/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Volkswagen de Mexico has accepted the proposal from its workers to reduce the working week to four days of work and three of r MEXICO CITY, Jul...
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