Volkswagen AG (short for Volkswagen Aktiengesellschaft) is a German multinational automotive manufacturer headquartered in Wolfsburg, Germany.
🏢 Company Overview
- Full Name: Volkswagen Aktiengesellschaft (AG = “public limited company” in German)
- Founded: 1937, originally by the German Labour Front
- Headquarters: Wolfsburg, Lower Saxony, Germany
- Industry: Automotive
- Ticker Symbols:
- Germany: VOW3 (Frankfurt Stock Exchange)
- U.S. ADRs: VWAGY
🚗 What Volkswagen AG Does
Volkswagen AG is one of the world’s largest car manufacturers, producing passenger and commercial vehicles under multiple global brands. It designs, manufactures, and sells vehicles, engines, and related products.
Major Brands under Volkswagen Group:
- Volkswagen Passenger Cars
- Audi
- Porsche
- Lamborghini
- Bentley
- Bugatti
- SEAT
- Škoda
- Ducati (motorcycles)
- Volkswagen Commercial Vehicles
- Scania and MAN (trucks and buses)
🌍 Global Reach
- Operations in over 150 countries
- Production plants in Europe, the Americas, Asia, and Africa
- Employs over 600,000 people worldwide
💡 Notable Facts
- Volkswagen’s name literally means “People’s Car” in German.
- The original Beetle was designed to be an affordable car for the average German family.
- The company has invested heavily in electric vehicles (EVs), launching its ID. series (e.g., ID.3, ID.4, ID.Buzz).
- It was involved in the 2015 “Dieselgate” emissions scandal, which led to billions in fines and major corporate reforms.
- It’s now positioning itself as a global leader in EV and battery technology.
