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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
()0.00 0.00 (0)
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News about Volkswagen

Volkswagen Is Going to Start Making Electric Cars in the U.S.

The German company is on the up as it puts the Diesel scandal behind it.

Read More →
VW Has an $82 Billion Plan to Be a Leader in Electric Cars

Its board will sign off on a mammoth investment plan Friday

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At VW, Costs of Fixing Dieselgate Fakery Tarnish Otherwise Solid Results

Demand is looking good, but fixing those engines is tricky.

Read More →