The Volkswagen AG, known internationally as the Volkswagen Group, is a German

multinational automotive manufacturing corporation headquartered in family business

majority owned by Porsche SE, which in turn is half-owned but fully owned by the Austrian-
...German Porsche and Piëch family. It designs, man

VOLKSWAGEN Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly-
traded

Volkswagen ("People's car" in German) was founded in Berlin as the Gesellschaft zur
Vorbereitung des Deutschen Volkswagens mbH ("Limited Liability Company for the
preparation of the German People's Car", abbreviated to Gezuvor) by the National Socialist
Deutsche Arbeitsfront(German Labour Front) and incorporated on 28 May 1937. The
purpose of the company was to manufacture the Volksw

Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger
Cars is the Group's original marque, and the other major subsidiaries include passenger car
marques such as Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen
AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles,
along with controlling staPM

Volkswagen

The car company, which owns 12 different car brands, occupies the undisputed first place
among the large German companies. In the year 2918, the number of employees in the
company based in Wolfsburg reached 655,000 people, and it achieved sales of 236 billion
.euros

Its production volume is 10.8 million cars. The only competitor at the global level is the
.Japanese company Toyota

Daimler

The Volkswagen Group (Volkswagen Aktiengesellschaft) focuses on producing automobiles,

commercial vehicles, engines, motorcycles, and turbo-machinery

The company, which is publicly listed on the Frankfurt Stock Exchange (under the stock licker
symbol VOW'), is based in Wolfsburg, Germany

it is one of the world's leading producers of motor vehicles (along with General .1
Motors and Toyota). It is currently the second largest automaker in the world, after
Toyota In July 2014, it pushed GM into third place. Analysts believe the company will
take the number 1 spot within the next 18 months
The company was founded in 1937 as the Gesellschaft zur Vorbereitung des . .2
Deutschen Volkswagens mbH, which translates into the "Society for the
."preparation of the German People's Car
Its original purpose was to manufacture the iconic Volkswagen Type 1 car, .3
."commonly known as "The Beetle
.4
During the 1960's the company experienced significant growth and acquired Auto .5
Union (which produced the Audi models
 s: The Volkswagen Group now has an extensive portfolio of brands:The Volkswagen
"Group Strategy 2018

Volkswagen has four goals to make the company "the most successful and fascinating
:automaker in the world by 2018", which are

To focus on deploying intelligent innovations and technologies and become a leader in .1

.customer satisfaction and quality

.Increase unit sales to more than 10 million vehicles a year .2

 The Volkswagen Group now has an extensive portfolio of brands

The company's goal is "to offer individual mobility, tailored precisely to meet the differing
requirements of people everywhere - safe, environmentally friendly and with lots of
".motoring enjoyment