Volkswagen Group in the context of Volkswagen Truck


Volkswagen Group in the context of Volkswagen Truck

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⭐ Core Definition: Volkswagen Group

Volkswagen AG, or Volkswagen Group, is a German multinational conglomerate automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Since the late 2000s, it has been a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 Fortune Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue.

The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of the listed subsidiary Traton (International Motors, MAN, Scania and Volkswagen Truck & Bus). Software and techstack under CARIAD. It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.

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Volkswagen Group in the context of Lamborghini

Lamborghini (officially Automobili Lamborghini S.p.A. and colloquially Lambo) is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.

Ferruccio Lamborghini (1916–1993), an Italian manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with Ferrari. The company was noted for using a rear mid-engine, rear-wheel drive layout. Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973 worldwide financial downturn and the oil crisis. The firm's ownership changed three times after 1973, including a bankruptcy in 1978. American Chrysler Corporation took control of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control of the group's Audi division.

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Volkswagen Group in the context of Volkswagen

Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡŋ̍] ) is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst. The company is well known for the Beetle and serves as the flagship marque of the Volkswagen Group, which was the world's largest automotive manufacturer by global sales in 2016 and 2017.

The group's largest market is China, which accounts for 40% of its sales and profits. The name Volkswagen derives from the German words Volk and Wagen, meaning 'people's car', or more directly 'folk's wain (wagon)'.

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Volkswagen Group in the context of SEAT

SEAT S.A. (English: /ˈsɑːt/; Spanish: seat]; from Spanish Sociedad Española de Automóviles de Turismo, lit.'Spanish Passenger Car Company') is a Spanish car manufacturer that sells its vehicles under the SEAT and Cupra brands. Founded on 9 May 1950, it was created as a joint venture between Spain's government-owned Instituto Nacional de Industria (INI), which held a majority stake, Spanish private banks, and Fiat. After being listed as an independent automaker for 36 years, the Spanish government sold SEAT to the Volkswagen Group in 1986, and it remains a fully owned subsidiary of the Group.

The headquarters of SEAT S.A. is located in Martorell, near Barcelona, at the company's industrial complex. Over 468,000 units were produced in 2020 with more than 427,000 cars exported to over 75 countries worldwide.

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Volkswagen Group in the context of Škoda Auto

Škoda Auto a.s. (Czech pronunciation: [ˈʃkoda] ), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After the Velvet Revolution, it was gradually privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000.

Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche.

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Volkswagen Group in the context of Fiat Chrysler Automobiles

Fiat Chrysler Automobiles N.V., commonly known by the acronym FCA, was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems.

The corporation was established by January 2012, when Fiat Group acquired a 58.5% stake of the Chrysler Group (which from 1998 to 2007 was part of DaimlerChrysler) and thus became, at that time, the 7th largest automaker (behind Toyota, General Motors, Volkswagen, Hyundai, Ford and Nissan). Its corporate headquarters were domiciled in Amsterdam and its financial headquarters were in London. The holding company was listed on the New York Stock Exchange and Milan's Borsa Italiana. Exor, an Italian investment group controlled by the Agnelli family, owned 29% of FCA and controlled 44% through a loyalty voting mechanism, the largest block of shares.

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Volkswagen Group in the context of Audi

Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A wholly owned subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.

The origins of the company are complex, dating back to the early 20th century and the initial enterprises (Horch and the Audiwerke) founded by engineer August Horch. Two other manufacturers (DKW and Wanderer) also contributed to the foundation of Auto Union in 1932. The modern Audi era began in the 1960s, when Auto Union was acquired by Volkswagen from Daimler-Benz. Volkswagen relaunched the Audi brand with the 1965 introduction of the Audi F103 series, and merged Auto Union with NSU Motorenwerke in 1969, thus creating the present-day form of the company.

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Volkswagen Group in the context of Stellantis

Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 through the merger of the French PSA Group and Fiat Chrysler Automobiles (FCA), which was itself created by the merger of Italy's Fiat and the US-based Chrysler, completed in stages between 2009 and 2014. Stellantis is headquartered in Hoofddorp, Netherlands, while the CEO now operates from Auburn Hills, Michigan.

As of 2025, Stellantis ranked as the world's fifth-largest automaker by global sales volume, behind Toyota, Volkswagen Group, Hyundai Motor Group, and the Renault–Nissan–Mitsubishi Alliance. That same year, it placed 61st on the Forbes Global 2000 list of the world’s largest public companies. Stellantis shares are listed on the Euronext Paris, Borsa Italiana, and New York Stock Exchange.

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Volkswagen Group in the context of Wolfsburg Volkswagen Plant

The Wolfsburg Volkswagen Plant is the worldwide headquarters of the Volkswagen Group. Situated in Wolfsburg in the German state of Lower Saxony, it is one of the largest manufacturing plants in the world, with an area of just under 6.5 million m (70 million sq ft) and a building area of 1.6 million m (17 million sq ft). In 2015 the plant produced 815,000 cars. Volkswagen's currywurst is also produced at this facility.

In mid-2023 around 61,880 people were employed at the plant. It was the largest in the world (over thrice the size of Monaco) until overtaken by the Tesla Gigafactory 5 in Texas in 2022, which has a larger grounds area of 850 hectares (2,100 acres) but a smaller factory floor area of 93 hectares (230 acres).

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Volkswagen Group in the context of Autostadt

The Autostadt (lit.'automobile city') is a visitor attraction adjacent to the Wolfsburg Volkswagen Plant in Wolfsburg, Germany, with a prime focus on automobiles. The complex was designed by Henn GmbH.

It features a museum, feature pavilions for the principal automobile brands in the Volkswagen Group, a customer centre where customers can pick up new cars, and take a tour through the factory, a guide to the evolution of roads, and cinema in a large sphere.

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Volkswagen Group in the context of Bentley Motors

Bentley Motors Limited is a British designer, manufacturer and marketer of luxury cars and SUVs. Headquartered in Crewe, England, the company was founded by W. O. Bentley (1888–1971) in 1919 in Cricklewood, North London, and became widely known for winning the 24 Hours of Le Mans in 1924, 1927, 1928, 1929, 1930 and 2003. Bentley has been a subsidiary of the Volkswagen Group since 1998 and consolidated under VW's premium brand arm Audi since 2022.

Prominent models extend from the historic sports-racing Bentley 4½ Litre and Bentley Speed Six; the more recent Bentley S Type Continental, Bentley Turbo R, and Bentley Arnage; to its current model line, including the Flying Spur, Continental GT and Bentayga which are marketed worldwide, with China as its largest market as of November 2012.

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Volkswagen Group in the context of Bugatti Automobiles S.A.S.

Bugatti Automobiles S.A.S. (French pronunciation: [bygati]) is a French luxury sports car manufacturer. The company was founded in 1998 as a subsidiary of the Volkswagen Group and is based in Molsheim, Alsace, France. The company makes a variety of two-seater and track-only cars.

The original Bugatti automobile brand was established by Ettore Bugatti (1881–1947) in 1909 at Molsheim and built sports, racing and luxury cars.

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Volkswagen Group in the context of MAN SE

MAN SE (abbreviation of Maschinenfabrik Augsburg-Nürnberg, German: [maˈʃiːnənfaˌbʁiːk ˈʔaʊksbʊʁk ˈnʏʁnbɛʁk]) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk.

MAN SE was majority-owned by Traton, the heavy commercial vehicle subsidiary of automaker Volkswagen AG, until August 2021 when Traton completed a squeeze-out of all remaining shareholders and formally merged MAN SE into Traton SE, meaning the former subsidiaries of MAN SE were now directly owned by Traton, and MAN SE ceased to exist.

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Volkswagen Group in the context of Porsche AG

Dr. Ing. h.c. F. Porsche AG, commonly known as Porsche, is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE, usually shortened to Porsche SE. Porsche's current lineup includes the 911, Panamera, Macan, Cayenne and Taycan.

The origins of the company date to the 1930s when German Bohemian automotive engineer Ferdinand Porsche founded Porsche with Adolf Rosenberger, a key figure in the creation of German automotive manufacturer and Audi precursor Auto Union, and Austrian businessman Anton Piëch, who was, at the time, also Ferdinand Porsche's son in law. In its early days, it was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle. After World War II, when Ferdinand, a member of both the Nazi Party and the SS, would be arrested for war crimes, his son Ferry Porsche, an SS volunteer, began building his own car, which would result in the Porsche 356.

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Volkswagen Group in the context of Volkswagen Commercial Vehicles

Volkswagen Commercial Vehicles (VWCV; German: Volkswagen Nutzfahrzeuge [ˈfɔlksˌvaːɡn̩ ˈnʊtsˌfaːɐ̯tsɔʏɡə], abbreviated VWN [ˌfaʊveːˈʔɛn]) is a German marque of light commercial vehicles, owned by Volkswagen Group. It is headquartered in Hannover, Lower Saxony, Germany. Originally part of Volkswagen Passenger Cars (business area), it has operated as a separate marque since 1995.

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Volkswagen Group in the context of Hyundai Motor Company

Hyundai Motor Company, often referred to as Hyundai Motors (Korean현대자동차) and commonly known as Hyundai (현대; [ˈhjəːndɛ]; 'modernity'), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and owns a luxury cars subsidiary, Genesis. The three brands altogether make up the Hyundai Motor Group.

Hyundai operates the second largest automobile manufacturing facility in the world in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. As of November 2024, Hyundai is the world's third-largest carmaker in terms of production, behind competitors Toyota and Volkswagen.

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