Volkswagen is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany. The company’s principal brands include Volkswagen Passenger Cars, Audi, SEAT, Škoda Auto, Bentley, Bugatti, Lamborghini, Porsche, Ducati, and MAN. Volkswagen is the largest automobile manufacturer by worldwide sales in 2016 and 2017.

How Much Is Volkswagen Worth

Volkswagen is worth $134.9 billion as of March 2023.

How much is Volkswagen worth?

Volkswagen is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company is the largest automaker in Europe and the second-largest automaker in the world by sales. Volkswagen produces passenger cars, commercial vehicles, and motorcycles, and also operates a global car rental business.

History

The company was founded in 1937 by the German Labour Front, under the direction of Adolf Hitler. The first Volkswagen, the Volkswagen Beetle, was designed by Ferdinand Porsche and went into production in 1938. The Beetle was a huge success, and by the end of World War II, over 20 million had been produced.

After the war, Volkswagen was split up into several companies, but it was reunited in 1964. In the 1970s, Volkswagen began to expand internationally, and by the 1980s, it had become one of the world’s leading automakers.

In the 1990s, Volkswagen acquired several other automakers, including Audi, SEAT, and Škoda. The company also expanded into new markets, such as China and India.

Today, Volkswagen is a global leader in the automotive industry. The company produces a wide range of vehicles, including passenger cars, commercial vehicles, and motorcycles. Volkswagen also operates a global car rental business.

Financials

Volkswagen is a publicly traded company on the Frankfurt Stock Exchange. The company’s market capitalization is approximately €90 billion. In 2021, Volkswagen reported revenue of €250 billion and net income of €15 billion.

Conclusion

Volkswagen is a major player in the automotive industry. The company is a global leader in sales and production, and it is also one of the world’s most profitable automakers.

Also Read: Is Volkswagen Passat A Good Car

FAQs about Volkswagen

How much is Volkswagen worth?

Volkswagen is currently worth $75.5 billion.

How many cars does Volkswagen sell per year?

Volkswagen sold 9.3 million cars in 2021.

Where is Volkswagen headquartered?

Volkswagen is headquartered in Wolfsburg, Germany.

What is Volkswagen’s most popular car?

The Volkswagen Golf is Volkswagen’s most popular car.

What is Volkswagen’s biggest challenge?

Volkswagen’s biggest challenge is the diesel emissions scandal.