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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

How VW Paid $25 Billion for 'Dieselgate' — and Got Off Easy

Volkswagen has been hit with huge penalties in the U.S. for the emissions scandal, but not in Europe. Are the German automaker’s senior executives likely to face any prison time?

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VW's CEO Says He's Stunned by 'Repulsive' Diesel Fume Tests on People and Monkeys

"The methods used by EUGT in the United States were wrong, they were unethical and repulsive," he said.

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Meet Aurora, the Ambitious (and Spunky) Self-Driving Car Startup

It emerged from secrecy with a potent pedigree and powerful partnerships.

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Renault-Nissan-Mitsubishi Wants to Invest $1 Billion in Auto Tech Startups

As it looks to make inroads with new technology at a time of rapid upheaval for transportation.

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