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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]
Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. [43] 25% of shares sold in an IPO of Porsche AG in 2022. Jetta: Joint venture with First Automotive Works created in 2019. Scout Motors Inc.: 100% ownership ...
[27] [28] Mobilize Financial Services launched Mobilize Insurance, a subsidiary offering "usage-based" insurance plans, and a payment card to finance new mobility offers. [ 29 ] [ 30 ] At the end of 2022, the group launched the long-term rental company Mobilize Lease&Co, [ 31 ] [ 32 ] [ 33 ] which made its first two acquisitions in Germany in ...
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Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...
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VW workers in Chattanooga, TN, celebrating after a successful UAW union vote on 19 April 2024. Volkswagen Group of America (VWoA) employs 6,000 employees as of 2022. [57] Today it is one of the national affiliates of VW Group seats on the VW Global Works Council.
Volkswagen de México S.A. de C.V. (Sociedad Anónima de Capital Variable) is the Mexican subsidiary of Volkswagen Group. It operates the Mexican plants of Volkswagen Group and the leasing company Volkswagen Leasing S.A. de C.V., and Volkswagen Bank S.A. Institución de Banca Múltiple. The company is headquartered in Puebla (city). [1]