Volkswagen Group

Overview

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• TickerVOW3 on Frankfurt Stock Exchange¹
• Industryautomotive industry¹
• HeadquartersWolfsburg¹
• Founded inBerlin¹
• Websitewww.volkswagenag.com
• Legal formGesellschaft mit beschränkter Haftung, Aktiengesellschaft¹

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Volkswagen Aktiengesellschaft, trading as Volkswagen Group, is a German multinational conglomerate automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Since the late 2000s, it has been a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche-Piëch family. The company also offers financing, leasing, and fleet management services. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 Fortune Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue.²

The story

Founded by German Labor Front on May 28, 1937, in Berlin.¹

Leadership

Who has led Volkswagen Group, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerOliver Blume Sep 1, 2022 to now¹
• Chief executive officerRalf Brandstätter Jul 1, 2020 to Sep 1, 2022¹
• Chief executive officerHerbert Diess Apr 2018 to Aug 31, 2022¹
• Chief executive officerMatthias Müller Sep 2015 to Apr 2018¹
• Chief executive officerMartin Winterkorn Jan 2007 to Sep 2015¹
• Chief executive officerBernd Pischetsrieder 2002 to 2006¹
• Chief executive officerFerdinand Piëch 1993 to 2002¹
• Chief executive officerCarl Hahn 1982 to 1993¹
• Chief executive officerToni Schmücker 1975 to 1982¹
• Chief executive officerRudolf Leiding 1971 to 1975¹
• Chief executive officerKurt Lotz 1968 to 1971¹
• Chief executive officerHeinrich Nordhoff 1948 to 1968¹
• Chief executive officerHermann Münch Jun 1946 to Dec 1947¹
• ChairBerthold Huber 2015 to 2015¹
• ChairHans Dieter Pötsch 2015 to now¹
• ChairFerdinand Piëch 2002 to 2015¹
• ChairKlaus Liesen 1987 to 2002¹
• ChairKarl Gustaf Ratjen 1979 to 1987¹
• ChairHans Birnbaum 1974 to 1979¹
• ChairJosef Rust 1966 to 1974¹

Products and brands

• car
• motorcycle
• truck
• van

Listed on Wikidata.¹

Subsidiaries and ownership

Parent company

• Porsche Automobil Holding SE

Owners

• Porsche Automobil Holding SE 53.3%
• Hannoversche Beteiligungsgesellschaft 20%
• Qatar Investment Authority 17%

Subsidiaries

• AGR Automotive Group
• Audi AG
• Audi Sport
• Bentley
• Bugatti
• Carmeq
• Credex Bank
• Cupra
• DRIVE. Volkswagen Group Forum
• Data:Lab Munich
• Digiteq Automotive
• Ducati Corse
• Eurocar
• Everllence
• Italdesign Giugiaro
• Lamborghini
• MAN SE
• MOIA
• PBS Turbo
• PayByPhone
• Porsche
• Porsche Engineering Services
• Porsche Holding
• Porsche Inter Auto CZ

Divisions

• Volkswagen
• Volkswagen (China) Investment Co., Ltd.
• Volkswagen Commercial Vehicles

Also owns

• VfL Wolfsburg 100% since Nov 28, 2007
• Traton 89.7%
• SAIC Volkswagen 50%
• FAW-Volkswagen 40%
• Rivian Automotive 16%
• Audi Brasil
• Ducati
• Here Technologies
• IAV
• International
• MAN Truck & Bus
• Volkswagen Autoeuropa
• Volkswagen Commercial Vehicles
• Wolfsburg AG
• Triumph-Adler since 1979
• Volkswagen Trucks and Buses since Aug 2021

From Wikidata.¹

Acquisitions

1. Aug 2021Acquired Volkswagen Trucks and Buses¹
2. 2009Acquired VW-Werk Osnabrück¹
3. Nov 28, 2007Acquired VfL Wolfsburg¹
4. 1998Acquired Bentley¹
5. 1991Škoda Auto became a subsidiary¹
6. 1986Acquired SEAT¹
7. 1979Acquired Triumph-Adler¹
8. 1966Audi AG became a subsidiary¹

Employees over time

• 2021672,800¹
• 2020665,400¹
• 2019513,642¹
• 2018655,722¹

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

• 2025321.9B EUR¹
• 2024324.7B EUR¹
• 2023322.3B EUR¹
• 2022279.2B EUR¹
• 2021250.2B EUR¹
• 2020222.9B EUR¹

Net income

• 20256.9B EUR¹
• 202412.4B EUR¹
• 202317.9B EUR¹
• 202215.8B EUR¹
• 202115.4B EUR¹
• 20208.8B EUR¹

Timeline

1. Sep 1, 2022New chief executive Oliver Blume becomes CEO¹
2. Jul 1, 2020New chief executive Ralf Brandstätter becomes CEO¹
3. Apr 2018New chief executive Herbert Diess becomes CEO¹
4. Sep 2015New chief executive Matthias Müller becomes CEO¹
5. Jan 2007New chief executive Martin Winterkorn becomes CEO¹
6. 2002New chief executive Bernd Pischetsrieder becomes CEO¹
7. 1993New chief executive Ferdinand Piëch becomes CEO¹
8. 1982New chief executive Carl Hahn becomes CEO¹
9. 1975New chief executive Toni Schmücker becomes CEO¹
10. 1971New chief executive Rudolf Leiding becomes CEO¹
11. 1968New chief executive Kurt Lotz becomes CEO¹
12. 1948New chief executive Heinrich Nordhoff becomes CEO¹
13. Jun 1946New chief executive Hermann Münch becomes CEO¹
14. May 28, 1937Founded Founded in Berlin¹

Links

• Websitewww.volkswagenag.com¹
• Websitewww.volkswagenag.com/de.html¹
• WikipediaVolkswagen Group
• WikidataQ156578