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-Qatar to place up to 25 mln VW preference shares
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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
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Integrated automotive group: Volkswagen will take a 49.9 per cent stake in Porsche AG in...
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RLPC-UPDATE 1-Porsche pushes to agree 8.5 bln eur loan-bankers
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Magna shares up more than 7%
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Saft Groupe SA Reports Quarterly Financial Information for the Third Quarter of 2009
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VW and MIT Introduce In-Car Robot
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VW sees tough year-end; Mazda ups FY target
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Volkswagen Announces Sales for October After Major Wins at AJAC's TestFest Golf Wagon, Golf GTI...
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Volkswagen Releases New Drawing of Their Chattanooga Car
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Audi, Volkswagen ordered to conduct recall
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Volkswagen Presents Worlds Most Eco Friendly One Make Cup Racing Series - Web Exclusive
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Johnson Controls lost $338 million in fiscal 2009
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LG Electronics Signs Audio Deal With Volkswagen
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Volkswagen to decide on Karmann deal within 2 weeks
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Volkswagen Picks New Ad Agency To Woo A New Audience
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VW Goes All Mobile For Launch Of GTI
News & Analysis
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volkswagen ag - All News and Analysis
Volkswagen hit by Qatar sale
Financial Times
- 2009-11-10
Volkswagen shares slid after Qatar Holdings said that it would sell up to 25m of its preference shares in the German carmaker.The sovereign wealth fund announced in a statement that it was selling half of its 50m shareholding "to enhance the liquidity" of VW's preference stock, or about a...
Breaking News: Volkswagen net income falls 85%
BNET
- 2009-10-31
German carmaker Volkswagen AG says net income for the third quarter fell 85 per cent as the global downturn affected demand for its cars and trucks. German carmaker Volkswagen AG says net income for the third quarter fell 85 percent as the global downturn affected demand for its cars and...
VW Sees Tough Year-end; Mazda Ups FY Target
Reuters
- 2009-10-29
By Chang-Ran Kim and Christiaan HetznerTOKYO/FRANKFURT (Reuters) - Europe's largest carmaker Volkswagen VOWG said business remained tough after third-quarter earnings plunged on Thursday, while Japan's Mazda predicted a smaller full-year operating loss.French carmaker Renault also published a drop in third quarter sales, but the year-on-year fall was less steep...
MIT, Volkswagen's In-Car Personal Robot Thinks You're Driving Like a Maniac
BNET
- 2009-10-29
An MIT Media Lab robot not AIDA via glemak on Flickr My parents already treat the GPS on their car like it's a person: "Shh! She's talking!" Now researchers at the MIT Media Lab, in partnership with Audi, want...
Volkswagen Picks iPhone Over TV
BNET
- 2009-10-23
Volkswagen is using an iPhone app to promote the launch of GTI, rather than a traditional TV campaign, because the iPhone has broader reach than TV and, moreover, is more in line with its target audience. by Michael Hickins
VW Picks Deutsch/LA
BNET
- 2009-10-23
Volkswagen of America has selected IPG's Deutsch/LA in Marina del Rey, Calif., to handle creative duties on its ad account, the client has confirmed. Account revenue is estimated at more than $15 million.The selection came after VW narrowed the field in its review to just two shops. The runner-up was...
Tribal DDB Hits Viral High Notes for Volkswagen
BNET
- 2009-10-22
by Michael Learmonth Published: October 22, 2009 NEW YORK (AdAge.com) -- A viral ad produced in Europe wasn't enough to win Volkswagen's business in the U.S., apparently. Omnicom Group's DDB was just eliminated from the VW sweepstakes in the U.S., but Tribal DDB still holds Volkswagen's digital business abroad, and...
DDB, Wieden & Kennedy Out in Volkswagen Review
BNET
- 2009-10-21
DETROIT (AdAge.com) -- Omnicom Group's DDB and independent Wieden & Kennedy have been eliminated from Volkswagen of America's pitch as its new national creative agency of record, leaving the race for one of the most sought-after accounts this year to Omnicom sibling Goodby, Silverstein & Partners, San Francisco, and Deutsch,...
VW Could Raise £9 Billion in Cash Call
ReutersUK
- 2009-10-16
FRANKFURT (Reuters UK) - Volkswagen AG said it will seek a potential further 10 billion euros from shareholders to secure its merger with Porsche and safeguard its financial stability.Volkswagen plans to ask shareholders next month for authority to issue up to 135 million new preferred shares by December 2014, Europe's...
Breaking News: VW seeks to cut ties with Magna: report
BNET
- 2009-10-05
German car maker Volkswagen is seeking to end or sharply reduce its ties with car parts maker Magna after the Canadian group's takeover of VW rival Opel. German car maker Volkswagen is seeking to end or sharply reduce its ties with car parts maker Magna after the Canadian group's takeover...
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