Volkswagen is a world-famous automobile brand having their production facilities across the world. The corporate office of the company is situated in Wolfsburg, Germany. They trade publicly on Frankfurt Stock Exchange, which is world’s 10th largest exchange. Other than manufacturing vehicles, the company also offer other services, such as financing, fleet management & leasing solutions. The company is involved in the manufacturing, distributing, & designing operations of motorcycles, turbo machinery, passenger & commercial vehicles.
The company sells their vehicles in more than 150 countries under the brands, such as Bugatti, Bentley, Audi, Skoda, Lamborghini, Porsche, & SEAT. The owners of the company are Porche Automobile Holding, State of Lower Saxony, & Qatar Investment Authority. Some popular models of the company are Volkswagen e-Golf, Goft GT1, Beetle Cabriolet, &Arteon.
Volkswagen Other Important Details
There is a secondary listing of the company on SIX Swiss Exchange & Luxembourg Stock Exchange.
Since its foundation, the company has manufactured more than 10,700 million vehicles that are a tremendous achievement. The company was established on 28th May 1937 with a simple operation in Berlin, Germany. There are more than 640,000 people working with the Volkswagen spreading in various countries worldwide. As of 2017 records, the revenue of the company was more than US$ 300 billion. The Chairman of the Board of Management of the company is Herbert Diess. They are an active member of OTCQX.