How Many Companies Does Volkswagen Own: [Get Answer]

Volkswagen owns over 340 companies worldwide. These companies produce a variety of products, including automobiles, trucks, buses, motorcycles, and engines. Volkswagen also owns a number of financial services companies, including banks and insurance companies.

How Many Companies Does Volkswagen Own?

Volkswagen Group Overview

The Volkswagen Group is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany. It is the largest automaker by worldwide sales in 2019. The group’s passenger car brands include Volkswagen, Audi, SEAT, Škoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, and MAN. It also owns commercial vehicle manufacturers Scania and MAN, and a number of other automotive-related businesses.

Volkswagen Group Subsidiaries

The Volkswagen Group owns a number of subsidiaries, including:

Volkswagen Passenger Cars: The Volkswagen brand is the largest automaker in Europe and the second-largest in the world. It produces a wide range of passenger cars, including hatchbacks, sedans, SUVs, and minivans.

Audi: Audi is a German luxury automaker that produces a range of sedans, coupes, SUVs, and sports cars.

SEAT: SEAT is a Spanish automaker that produces a range of hatchbacks, sedans, SUVs, and minivans.

Škoda: Škoda is a Czech automaker that produces a range of hatchbacks, sedans, SUVs, and minivans.

Bentley: Bentley is a British luxury automaker that produces a range of sedans, coupes, and SUVs.

Bugatti: Bugatti is a French luxury automaker that produces a range of hypercars.

Lamborghini: Lamborghini is an Italian luxury automaker that produces a range of sports cars and SUVs.

Porsche: Porsche is a German luxury automaker that produces a range of sports cars, SUVs, and sedans.

Ducati: Ducati is an Italian motorcycle manufacturer that produces a range of sportbikes, naked bikes, and adventure bikes.

MAN: MAN is a German commercial vehicle manufacturer that produces a range of trucks, buses, and engines.

Scania: Scania is a Swedish commercial vehicle manufacturer that produces a range of trucks, buses, and engines.

Volkswagen Group Sales

The Volkswagen Group sold over 10.9 million vehicles worldwide in 2019, making it the largest automaker by worldwide sales. The group’s sales were strongest in Europe, where it sold over 6.4 million vehicles. The group also sold over 2.3 million vehicles in China, 1.9 million vehicles in the United States, and 1.6 million vehicles in the rest of the world.

Volkswagen Group Profits

The Volkswagen Group reported a profit of €11.1 billion in 2019. The group’s profits were driven by strong sales of its passenger cars and commercial vehicles. The group also benefited from cost savings and a favorable exchange rate.

Volkswagen Group Future

The Volkswagen Group is facing a number of challenges in the coming years, including the need to electrify its lineup and the shift to autonomous vehicles. However, the group is well-positioned to meet these challenges and continue to be a global leader in the automotive industry.

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FAQs

How many companies does Volkswagen own?

Volkswagen owns over 600 companies worldwide, including Audi, Bentley, Bugatti, Lamborghini, Porsche, and Seat.

What is the largest company that Volkswagen owns?

The largest company that Volkswagen owns is Volkswagen Group, which is the world’s largest automaker by sales.

What is the most profitable company that Volkswagen owns?

The most profitable company that Volkswagen owns is Audi.

What is the oldest company that Volkswagen owns?

The oldest company that Volkswagen owns is Porsche, which was founded in 1931.

What is the newest company that Volkswagen owns?

The newest company that Volkswagen owns is Bugatti, which was acquired in 2016.