Volkswagen AG is a German multinational automotive manufacturer founded in 1937. The company's name translates to "People's Car" in German, reflecting its original mission to produce affordable and practical vehicles for the masses. Volkswagen gained international recognition with the success of the Volkswagen Beetle, one of the most iconic and best-selling cars of all time. Over the years, Volkswagen expanded its portfolio to include a wide range of vehicles, from compact cars to luxury sedans and SUVs.
The Volkswagen Group is one of the world's leading automobile manufacturers and the largest carmaker in Europe. It owns several prestigious brands, including Audi, Porsche, Bentley, Lamborghini, and Bugatti. Volkswagen has a significant global presence with production facilities and sales networks across numerous countries. The company is known for its commitment to quality, engineering excellence, and innovation.
In response to the growing demand for sustainable transportation, Volkswagen has made a substantial commitment to electric mobility. The company launched the ID. series, a new generation of all-electric vehicles built on the Modular Electric Drive Matrix (MEB) platform. Models like the ID.3, ID.4, and the upcoming ID. Buzz reflect Volkswagen's strategy to become a global leader in electric vehicles. The company plans to invest heavily in EV technology, aiming to achieve carbon neutrality by 2050 and making electric vehicles accessible to a broad market.
CEO | Oliver Blume |
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Founded | 1937 |
Market Cap / Stock Symbol | 75b€ / VOW3 |
Headquarters | Wolfsburg, Germany |
Website | https://www.volkswagen.com |