Profile: Volkswagen AG (VLKAY.PK)
Volkswagen AG is an automobile manufacturer and a carmaker. The Company develops vehicles and components for its brands. The Company also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering and Financial Services. The activities of the Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business. The Commercial Vehicles segment primarily comprises the development, production and sale of light commercial vehicles, trucks and buses, the corresponding genuine parts business and related services. The activities of the Power Engineering segment consist of the development and production of large-bore diesel engines, turbo compressors, industrial turbines and chemical reactor systems, as well as the production of gear units, propulsion components and testing systems. The activities of the Financial Services segment comprise dealer and customer financing, leasing, banking and insurance activities, fleet management and mobility services.
The Company has two divisions: the Automotive division and the Financial Services division. The Automotive division consists of both the Passenger Cars business area and the Commercial Vehicles/Power Engineering business area. The Commercial Vehicles/Power Engineering business area consists of the Commercial Vehicles and the Power Engineering segments. The activities of the Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses. The Financial Services division, which corresponds to the Financial Services segment, combines dealer and customer financing, leasing, banking and insurance activities, fleet management and mobility offerings.
The Company holds indirect or direct interests in AUDI AG, SEAT S.A., SKODA AUTO a.s., Dr. Ing. h.c. F. Porsche AG, Scania AB, MAN SE, Volkswagen Financial Services AG and other companies in Germany and abroad. The Company is a vertically integrated energy company. In the electricity sector, the Company performs electricity generation, sales and distribution together with a subsidiary. The Company's brands include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The Volkswagen brands include up!, Polo, Golf, Golf Sportsvan, Jetta, Passat, Volkswagen CC, Golf Estate, Passat Estate, Golf Cabriolet, Beetle, Beetle Cabriolet, Scirocco, Tiguan, Touareg and Caddy. Audi brands include Audi, Lamborghini and Ducati motorcycles. The SEAT models include Mii, Ibiza 5D, Ibiza SC, Ibiza ST, Ibiza CUPRA, Toledo, Leon 5D, Leon SC, Leon ST, Leon X-PERIENCE, Leon CUPRA, Ateca and Alhambra. The SKODA brands include Citigo, Fabia, Rapid, Octavia, Yeti, Kodiaq and Superb. Bentley brands include MULSANNE, FLYING SPUR, CONTINENTAL and BENTAYGA. Bugatti models include Chiron and Veyron. Lamborghini models include 350GT, Miura, Espada, Countach, Diablo, Murcielago, Reventon Coupe, Reventon Roadster, Aventador and Gallardo. Porsche models include 718, 911, Panamera, Macan and Cayenne. Ducati bike models include Diavel, Hypermotard, Monster, Multistrada, and Superbike, such as 959 Panigale, 1299 Panigale, 1299 Panigale S and Panigale R. Scania offers trucks, engines and buses. MAN offers trucks for long-haul transport, heavy-duty transport and distribution transport. It offers MAN Bus and NEOPLAN Bus.
Berliner Ring 2
Company Web Links
- Spanish court orders VW to pay compensation to buyer of polluting Audi
- UPDATE 1-Spanish court orders VW to pay compensation to buyer of polluting Audi
- Audi quits Le Mans to focus on electric car racing
- PRESS DIGEST- Wall Street Journal - Oct 26
- U.S. judge approves $14.7 billion deal in VW diesel scandal |