Volkswagen: Who Owns It?
Volkswagen is a German multinational automotive manufacturer headquartered in Wolfsburg. The company is the largest automaker in Europe, the second-largest automaker in the world by sales, and the largest automaker by revenue.
The company’s product range includes passenger cars, commercial vehicles, and motorcycles. Volkswagen also owns a number of other brands, including Audi, Bentley, Bugatti, Lamborghini, Porsche, and Seat.
Who Do Volkswagen Own
Volkswagen AG owns the following brands: Audi, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, MAN, and Volkswagen Commercial Vehicles.
Who Does Volkswagen Own
Volkswagen Group Brands
The Volkswagen Group is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany. It is the largest automaker by worldwide sales in 2016 and 2017. The group’s brands include Volkswagen, Audi, SEAT, Škoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, MAN, Scania, and Volkswagen Commercial Vehicles.
Volkswagen Group Subsidiaries
In addition to its automotive brands, the Volkswagen Group also owns a number of other subsidiaries, including:
Volkswagen Financial Services
Volkswagen Group Components
Volkswagen Group China
Volkswagen Group of America
Volkswagen Group India
Volkswagen Group Latin America
Volkswagen Group Russia
Volkswagen Group South Africa
Volkswagen Group Turkey
Volkswagen Group Revenue
The Volkswagen Group’s revenue in 2017 was €235.8 billion. The group’s profit in 2017 was €14.1 billion.
Volkswagen Group Employees
The Volkswagen Group employs over 600,000 people worldwide.
Volkswagen Group Market Share
The Volkswagen Group has a global market share of around 20%. The group is the largest automaker in Europe, China, and South America.
Volkswagen Group Expansion Plans
The Volkswagen Group plans to expand its operations in emerging markets such as China and India. The group also plans to invest in new technologies such as electric vehicles and autonomous driving.
Volkswagen Group Challenges
The Volkswagen Group faces a number of challenges, including:
Competition from other automakers
The need to invest in new technologies
The impact of the global economic slowdown
Conclusion
The Volkswagen Group is a global leader in the automotive industry. The group faces a number of challenges, but it is well-positioned to continue to grow in the future.
Also Read: Does Volkswagen Own Audi
FAQs
Who does Volkswagen own?
Volkswagen owns a number of other car brands, including Audi, Bentley, Bugatti, Lamborghini, Porsche, and SEAT.
How many cars does Volkswagen sell each year?
Volkswagen sold over 10 million cars in 2021.
Where is Volkswagen headquartered?
Volkswagen is headquartered in Wolfsburg, Germany.
What is Volkswagen’s market cap?
Volkswagen’s market cap is around $130 billion.
What are some of Volkswagen’s most popular models?
Some of Volkswagen’s most popular models include the Golf, Tiguan, and Passat.