AHAMED SHAHAS S p18103 PGDM-A HISTORY 1937 - GERMAN LABOUR FRONT
First car – BEETLE
Rapid growth in 1950s to 1960s
New generation models in 1970s - PASSAT, POLO and GOLF.
China – Largest Market in 2017: increased production in past decade.
Acquired SEAT in 1986, Skoda in 1994, Lamborghini and Bugatti
in 1998, Scania in 2008 and Ducati, MAN, Porsche in 2012. VOLKSWAGEN GROUP Chairman: HANS DIETER POETSCH
HERBERT DIESS
Headquarters: WOLFSBURG – GERMANY.
Total Revenue : 230.682 Billion Euro
100 Production facilities across 27 countries
12 Brand – from 7 Europian contries.
6th – 2017 Fortune 500 list of World companies.
LATEST NEWS ‘India. 2.0’ - Skoda to Boost Position of VW Group in India. (June 23)
Low cost vehicles by 2020 using MTM platform.
Porsche unveils 911 GT2 RS sports car priced over Rs 5cr.
Massive recall program global diesel emission scandal.
Purely voluntary in Nature
VOLKSWAGEN INDIA Steffen Knapp: Director of Passenger cars Joerg Mueller: Director of Truck division Low sales from 2014-2017
Measures to Increase Sales
Increase production of new models More incentives to dealers Improve after sales services/main complaints MAIN COMPETITORS Worldwide: In India: Toyota Maruti Suzuki Hyundai General Motors Ford Ford Mahindra Renault Nissan Tata Honda Hyundai BMW Chevrolet Honda FUTURE PLANS Increase production of Skoda.
Volkswagen – more middle class commercial vehicles.