About Volkswagen (VOW3)

Company Description:

Volkswagen AG is a global leader in automobile manufacturing and sales. It operates through various segments, including Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services, offering a range of cars, trucks, buses, and other vehicles. The company was founded on May 28, 1937, and is headquartered in Wolfsburg, Germany.

Main Product(s):

Volkswagen AG's main products include a wide range of passenger cars, commercial vehicles, and power engineering solutions. They are renowned for their diverse brands including Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, and MAN.

Short History of Volkswagen AG:

May 1937: Volkswagen was founded.
1938: Construction of the Volkswagen factory began.
1945: The company was rebuilt post-World War II and began mass production of the Volkswagen Beetle.
1961: The company went public.
1998: Acquisition of Bentley, Bugatti, and Lamborghini.
2012: Volkswagen becomes the largest automaker by worldwide sales.
2015: The company faced an emissions scandal, leading to significant corporate restructuring.
2019: Volkswagen announced major investments in electric vehicle production.