Volkswagen AG (XETRA:VOW.DE)(VLKAY)
Volkswagen AG, together with its subsidiaries, engages in the manufacture and sale of automobiles worldwide. The company operates in four segments: Passenger Cars and Light Commercial Vehicles; Trucks and Buses; Power Engineering; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment is involved in the development of vehicles and engines; and production and sale of passenger cars and light commercial vehicles, and genuine parts.
Volkswagen – Rallye World Champion 2013
This segment also offers motorcycles. The Trucks and Buses segment engages in the development, production, and sale of trucks and buses, as well as genuine parts and services. The Power Engineering segment is involved in the development and production of large-bore diesel engines, turbo compressors, industrial turbines, and chemical reactor systems, as well as the production of gear units, population components, and testing systems. The Financial Services segment offers dealer and customer financing, leasing, banking and insurance, mobility, and fleet management services.
The company provides its products under the Volkswagen Passenger Cars, Audi, SEAT, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, and MAN brand names, as well as financial services under the Volkswagen Financial Services brand name. It operates primarily in Europe, North America, South America, and the Asia-Pacific. The company has strategic alliance with Daimler AG. Volkswagen AG was founded in 1937 and is headquartered in Wolfsburg, Germany.