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Global 500

Jasper Juinen—Bloomberg/Getty Images

6

Volkswagen

VLKAY

Germany

As the largest automaker by worldwide sales, Volkswagen is a German automobile company started by the German Labour Front as the “people’s car.” The German Labour Front created Volkswagen to design a car that would be affordable, unlike more luxury German vehicles. The company’s core markets are China and Germany. Volkswagen is the founding member of Volkswagen Group which controls many car and truck brands including Audi, SEAT, Lamborghini, Bentley, Bugatti, Scania, MAN, and Skoda.

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CEO

Matthias Muller

Sector

Motor Vehicles & Parts

Industry

Motor Vehicles and Parts

HQ Location

Wolfsburg, Germany

Years on Global 500 List

23

Employees

626,715

Figures prepared in accordance with International Accounting Standards.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$240,2641.5%
Profits ($M)$5,937.3
Assets ($M)$432,116
Total Stockholder Equity ($M)$97,753
Profit Ratios
Profit as % of Revenues2.5%
Profits as % of Assets1.4%
Profits as % of Stockholder Equity6.1%
STOCK QUOTE
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News about Volkswagen

A Top VW Manager Has Been Arrested Over His Role in the Diesel Scandal

Wolfgang Hatz had led engine development for Audi and Porsche.

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5 Things to Watch for From Germany's Election

Merkel is a shoo-in, but her choice of coalition partner is important

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Porsche's All-Electric Sports Car Mission E Will Cost $85,000

And it's coming to dealership near you by the end of 2019.

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