OverviewSuggest Edit

Volkswagen Group (also known as VAG and Volkswagen AG) is an automobile manufacturer. It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery. The company also offers related services, including financing, leasing, and fleet management. Its brands include VolkswagenAudiSeatSkodaBentleyBugattiLamborghiniPorscheDucatiScaniaMan, and Volkswagen Commercial Vehicles.
TypePublic
Founded1937
HQWolfsburg, DE
Websitevolkswagenag.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2021)592,607(+2%)
Job Openings411
Revenue (FY, 2020)$222.9 B(-11%)
Share Price (May 2022)€190.3
Cybersecurity ratingCMore
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Key People/Management at Volkswagen

Herbert Diess

Herbert Diess

Chairman of the Board of Management
Hans Dieter Pötsch

Hans Dieter Pötsch

Chairman of the Supervisory Board
Ralf Brandstätter

Ralf Brandstätter

Chief Executive Officer of the Volkswagen Passenger Cars Brand
Murat Aksel

Murat Aksel

Member of the Management Board, Group Chief Purchasing Officer
Daniela Cavallo

Daniela Cavallo

Chairwoman of the General and Group Works Councils
Arno Antlitz

Arno Antlitz

Member of the Management Board, Finance
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Volkswagen Office Locations

Volkswagen has offices in Wolfsburg, Chemnitz, Dresden, Emden and in 40 other locations
Wolfsburg, DE (HQ)
2 Berliner Ring
Chemnitz, DE
Kauffahrtei 47
Dresden, DE
Lennéstraße 1
Emden, DE
Niedersachsenstraße 1
Hannover, DE
Mecklenheidestraße 74
Kassel, DE
Lilienthalstraße 7A
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Volkswagen Financials and Metrics

Volkswagen Revenue

Volkswagen's revenue was reported to be $222.88 b in FY, 2020
USD

Revenue (Q3, 2021)

56.9b

Gross profit (Q3, 2021)

26.4b

Net income (Q3, 2021)

2.9b

EBITDA (Q3, 2021)

10.1b

EBIT (Q3, 2021)

3.5b

Market capitalization (18-May-2022)

81.7b

Closing stock price (18-May-2022)

190.3

Cash (30-Sept-2021)

36.6b

EV

250.9b
Volkswagen's current market capitalization is €81.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

235.8b252.6b222.9b

Cost of goods sold

(167.8b)(169.1b)(149.7b)

Gross profit

75.9b90.7b81.6b

R&D expense

(8.4b)(9.1b)(7.4b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

60.0b65.2b61.4b55.1b41.1b59.4b62.4b67.3b56.9b

Cost of goods sold

(39.2b)(46.4b)(35.6b)(36.3b)(32.3b)(33.6b)(40.3b)(49.4b)(31.5b)

Gross profit

20.8b18.7b25.8b18.7b8.8b25.8b22.1b18.4b26.4b

R&D expense

(3.2b)359.0m(7.8b)(3.1b)1.6b(8.7b)(3.3b)1.7b(9.9b)
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

28.9b25.9b33.9b

Accounts Receivable

17.9b17.9b16.2b

Prepaid Expenses

1.9b1.2b1.2b

Inventories

45.7b46.7b43.8b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

22.3b25.8b31.0b28.4b43.4b45.5b36.4b40.8b36.6b

Accounts Receivable

20.3b19.9b18.4b16.8b17.5b18.0b18.6b17.8b15.1b

Inventories

49.5b49.8b49.9b48.9b45.9b43.5b46.0b44.9b43.8b
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

15.6b18.4b11.7b

Depreciation and Amortization

22.4b15.7b17.4b

Inventories

(5.4b)(674.0m)1.3b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

4.1b9.6b14.6b682.0m(1.4b)2.3b4.5b11.2b14.2b

Depreciation and Amortization

5.9b12.0b18.3b6.4b13.1b19.7b6.5b13.4b20.3b

Inventories

(3.3b)(4.0b)(3.7b)(3.3b)(392.0m)1.6b(1.8b)(684.0m)1.7b

Accounts Payable

5.7b
USDFY, 2018

Revenue/Employee

408.6k
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Volkswagen Acquisitions / Subsidiaries

Company NameDateDeal Size
WirelessCarDecember 19, 2018$122 m
PorscheJuly 05, 2012
ScaniaMarch 03, 2008
ARTEMIS GmbH
AUDI AG
Audi Berlin GmbHBerli
Audi Frankfurt GmbH
Audi Hamburg GmbH
Audi Hannover GmbH
AUDI Immobilien GmbH & Co. KG
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Volkswagen Revenue Breakdown

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Volkswagen revenue breakdown by business segment: 72.1% from PASSENGER CAR MFG, 9.5% from COMMERCIAL VEHICLES, 16.7% from FINANCIAL SERVICES DIV'D and 1.7% from Other

Volkswagen revenue breakdown by geographic segment: 16.5% from North America, 59.8% from Europe/Other Markets, 19.8% from Asia-Pacific and 3.9% from Other

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Volkswagen Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Volkswagen Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Volkswagen Online and Social Media Presence

Embed Graph

Volkswagen News and Updates

Mahindra, Volkswagen Partner For Electric Vehicle Components

VW and M&M are exploring the use of modular electric drive matrix components for the latter's new 'Born Electric' platform.

US Volkswagen Dealers Alarmed By Scout Announcement

The Scout division may be good news for Volkswagen, but not for its dealers.

Volkswagen Extends The Life Of The e-Up!, Plans ID.2 & ID.1 Models

An ID.2 is coming in 2025 and an ID. 1 may follow.

The Wall Street Journal: Volkswagen to revive Scout brand with an electric SUV and pickup

Volkswagen AG is set to resurrect the Scout off-road vehicle brand as part of its bid to expand in the U.S., the world’s most profitable automotive market.

Volkswagen ID.3 GTX — Dual Motor Hot Hatch Coming In 2023

A hotter version of the Volkswagen ID.3 is coming, probably next year.

Volkswagen Selects Qualcomm For Future ADAS And Autonomous Vehicles

This Qualcomm partnership announcement follows three others with BMW, Ferrari, and Renault, all leading European car companies, and earlier announcements with General Motors in the U.S. and Great Wall Motors in China.
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Volkswagen Frequently Asked Questions

  • When was Volkswagen founded?

    Volkswagen was founded in 1937.

  • Who are Volkswagen key executives?

    Volkswagen's key executives are Herbert Diess, Hans Dieter Pötsch and Ralf Brandstätter.

  • How many employees does Volkswagen have?

    Volkswagen has 592,607 employees.

  • What is Volkswagen revenue?

    Latest Volkswagen annual revenue is $222.9 b.

  • What is Volkswagen revenue per employee?

    Latest Volkswagen revenue per employee is $376.1 k.

  • Who are Volkswagen competitors?

    Competitors of Volkswagen include Isuzu, Stellantis and Toyota Motor Corporation.

  • Where is Volkswagen headquarters?

    Volkswagen headquarters is located at 2 Berliner Ring, Wolfsburg.

  • Where are Volkswagen offices?

    Volkswagen has offices in Wolfsburg, Chemnitz, Dresden, Emden and in 40 other locations.

  • How many offices does Volkswagen have?

    Volkswagen has 50 offices.