Company Profile
Volkswagen manufactures automobiles and commercial vehicles globally. Its business is organized into three segments: Passenger Cars and Light Commercial Vehicles. Its portfolio also includes Commercial Vehicles, and Financial Services.
The Passenger Cars and Light Commercial Vehicles segment develops vehicles, engines and motors, vehicle software, and vehicle batteries produces and sells passenger cars and light commercial vehicles, and the parts. This segment also offers compact cars, luxury vehicles, and motorcycles, as well as mobility solutions.
The Commercial Vehicles segment engages in the development of vehicles, engines, and motors; production and sale of trucks and buses, parts, and related services. The Financial Services segment engages in the dealership and customer financing, leasing, direct banking, and insurance activities Provision of fleet management, and mobility services. Additionally, it is involved in the large-bore diesel engines, turbomachinery, and propulsion components businesses.
It sells its products under the Volkswagen Passenger Cars, ยkoda, SEAT/CUPRA, Volkswagen Commercial Vehicles, Audi, Lamborghini, Bentley, Ducati, Porsche, Scania, MAN, Volkswagen Truck & Bus, TRATON, and Bugatti Rimac, and international commercial vehicles brands to individual, corporate, and fleet customers. Founded in 1937, the company is headquartered in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.