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VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
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It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. [14] Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production ...
From 2008 to 2013, Volkswagen was the market leader in the South African passenger car market. [1] In 2015, Volkswagen of South Africa had 5600 employees. [5] In November 2024, Volkswagen announced its GenFarm project in Rwanda, an initiative to empower the agriculture landscape with electric-powered mobility especially for farming activities ...
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany.Established in 1937 by The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
Traton forms the Commercial Vehicles Business Area of the Volkswagen Group, which owns a 89.7% majority shareholding. The Commercial Vehicles Business Area formerly included the Volkswagen Commercial Vehicles brand, but following changes in the management structure of the Volkswagen Group, the Volkswagen Commercial Vehicles brand was reallocated to the Passenger Cars Business Area from 1 ...
As of the end of 2015, the 52.2% control interest in VW AG is the predominant investment by Porsche SE, and Volkswagen AG in turn controls brands and companies such as Volkswagen, Audi, SEAT, Škoda, Bentley, Bugatti, Lamborghini, Porsche AG, Ducati, VW Commercial Vehicles, Scania, MAN, as well as Volkswagen Financial Services. [10]