Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by Austrian Porsche and Piëch families. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, overtaking Toyota and keeping this title in 2017 and 2018, selling 10.8 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2018 Fortune Global 500 list of the world's largest companies.
Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and the flagship Volkswagen marques; motorcycles under the Ducati brand; and TRATON under the marques MAN, Scania, and Volkswagen Commercial Vehicles. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and as of 2008 had approximately 342 subsidiary companies. Volkswagen also has two major joint-ventures in China. The company has operations in approximately 150 countries and operates 100 production facilities across 27 countries.
Panelist for this session of the 2019 Women Leaders Global Forum in Reykjavik, Iceland, include: Anne-Birgitte Albrectsen, CEO of Plan International and Co-Chair of the Reykjavík Global Forum; Jane.. CBS News - Published
Ford Motor Co, BMW AG, Volkswagen AG and Honda Motor Co said on Thursday they have reached a voluntary agreement with the state of California to adopt compromise vehicle emissions rules. Reuters - Published
Volkswagen AG Chief Executive Herbert Diess met on Monday with the top U.S. trade official, a week before new tariffs are set to hit imported Mexican vehicles, two people briefed on the matter said. Reuters - Published