Volkswagen Group designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing, and fleet management. The Company sells passenger cars under brand names such as Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda, and Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the MAN, Scania, and Volkswagen Commercial Vehicles marques.

Employee Rating

3.9More
TypePublic
HQWolfsburg, DE
Founded1937
Size (employees)649,692 (est)+3%
Websitevolkswagenag.com
Volkswagen was founded in 1937 and is headquartered in Wolfsburg, DE
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Key People/Management at Volkswagen

Herbert Diess

Herbert Diess

Chairman of the Board of Management of the Volkswagen Passenger Cars Brand
Francisco Javier Garcia Sanz

Francisco Javier Garcia Sanz

Functional Responsibility 'Procurement'
Jochem Heizmann

Jochem Heizmann

Functional Responsibility 'China'
Andreas Renschler

Andreas Renschler

Functional Responsibility 'Commercial Vehicles'
Frank Witter

Frank Witter

Functional Responsibility 'Finance and Controlling'
Karlheinz Blessing

Karlheinz Blessing

Functional Responsibility 'Human Resources and Organization'
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Volkswagen Office Locations

Volkswagen has offices in Wolfsburg, Verona, Herndon and Blakelands
Wolfsburg, DE (HQ)
2 Berliner Ring
Wolfsburg, DE
2 Rübenkamp
Verona, IT
9 Via Don Enrico Girardi
Blakelands, GB
Yeomans Drive
Herndon, US
2200 Ferdinand Porsche Dr
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Volkswagen Financials and Metrics

Volkswagen Revenue

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Volkswagen's revenue was reported to be €230.68 b in FY, 2017 which is a 6.2% increase from the previous period.
EUR

Revenue (Q3, 2018)

55.2b

Gross profit (Q3, 2018)

10.2b

Gross profit margin (Q3, 2018), %

18.5%

Net income (Q3, 2018)

2.8b

EBIT (Q3, 2018)

2.7b

Cash (30-Sep-2018)

25.2b

EV

230.3b
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

202.5b213.3b217.3b230.7b

Revenue growth, %

5%2%6%

Cost of goods sold

165.9b179.4b176.3b188.1b

Gross profit

36.5b33.9b41.0b42.5b
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

52.7b56.0b51.5b51.0b57.0b52.0b56.2b59.7b55.0b58.2b61.1b55.2b

Cost of goods sold

42.4b44.7b46.7b40.7b46.1b42.1b45.0b47.6b46.3b46.7b47.9b45.0b

Gross profit

10.3b11.4b4.8b10.3b10.8b9.9b11.2b12.1b8.7b11.6b13.3b10.2b

Gross profit Margin, %

20%20%9%20%19%19%20%20%16%20%22%19%
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Cash

19.1b20.9b19.3b18.5b

Accounts Receivable

11.5b11.1b12.2b13.4b

Inventories

31.5b35.0b39.0b40.4b

Current Assets

131.1b145.4b155.7b422.2b
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

18.1b17.6b23.0b33.8b29.7b27.0b27.7b22.3b21.4b22.0b21.7b25.2b

Inventories

35.0b35.3b34.3b35.9b37.7b38.0b42.2b42.8b42.8b42.1b45.8b45.6b

Current Assets

142.8b143.6b144.8b161.5b163.1b161.2b171.6b165.4b163.6b168.4b176.3b174.6b

PP&E

47.2b47.5b47.2b50.0b50.4b51.4b53.4b52.6b52.6b54.5b5.5b55.4b
Annual
EURFY, 2014FY, 2015FY, 2016FY, 2017

Depreciation and Amortization

8.8b9.7b10.1b10.6b

Inventories

(2.2b)(3.1b)(3.6b)(4.2b)

Cash From Operating Activities

10.8b13.7b9.4b(1.2b)

Cash From Investing Activities

(19.1b)(21.2b)(20.7b)(16.5b)
Quarterly
EURQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Depreciation and Amortization

4.4b8.9b14.5b4.8b10.0b15.1b5.3b10.8b16.2b5.4b10.7b16.4b

Inventories

(2.2b)(2.8b)(2.7b)(1.3b)(2.8b)(3.2b)(4.1b)(5.9b)(6.2b)(2.0b)(5.5b)(5.4b)

Cash From Operating Activities

3.6b7.8b12.9b1.4b5.1b10.4b299.0m(2.9b)346.0m4.0b4.8b9.1b

Cash From Investing Activities

7.0b(1.9b)(11.3b)405.0m(4.2b)(12.1b)(1.6b)(6.2b)(9.4b)(2.8b)(7.9b)(13.4b)
EURY, 2018

EV/EBIT

85 x

EV/CFO

25.3 x

Debt/Equity

1.5 x

Debt/Assets

0.4 x

Financial Leverage

3.9 x
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Volkswagen Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Vehicle Sales (Porsche)

187 k51 k109 k169 k219 k59 k117 k177 k239 k57 k124 k180 k248 k61 k123 k190 k

Vehicle Sales (SEAT)

501 138 k286 k404 k544 k127 k276 k400 k548 k148 k304 k436 k595 k167 k347 k462 k

Vehicles Produced (Bentley Continental GT Coupe)

3.44 k4 k2.27 k1.35 k

Vehicles Produced (Lamborghini)

2.65 k3.71 k3.58 k4.06 k
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Volkswagen Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
WirelessCarDecember 19, 2018$112 m
PorscheJuly 05, 2012
Audi Berlin GmbH
Audi Frankfurt GmbH
Audi Hamburg GmbH
Audi Hanover GmbH
Audi Leipzig GmbH
Audi Stuttgard GmbH
Autostadt GmbH
Bugatti Engineering GmbH
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Volkswagen Revenue Breakdown

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Volkswagen revenue breakdown by business segment: 12.2% from Volkswagen Financial Services, 30.6% from Volkswagen Passenger Cars , 23.0% from Audi, 6.3% from Skoda, 8.3% from Porsche Automotive and 19.5% from Other

Volkswagen revenue breakdown by geographic segment: 13.8% from North America, 55.5% from Europe/Other markets, 26.9% from Asia-Pacific and 3.9% from Other

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Volkswagen Online and Social Media Presence

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Volkswagen News and Updates

Fiat Chrysler, Volkswagen issue recalls for cars in Mexico

Citing possible electronic problems, the Mexican unit of Fiat Chrysler issued a recall notice to the owners of more than 122,000 vehicles, Mexico's consumer watchdog Profeco said on Thursday.

Volkswagen blasted unproven ‘hail cannons’ at the sky to prevent storms, and farmers are accusing them of causing drought

A VW plant in Mexico has caused controversy by blasting hail cannons at the sky in an attempt to stop hail from smashing their valuable car inventory. Farmers say the cannons are causing a drought that's wrecking crops. There's a surprisingly long history of hail cannons — humans have tried to sto…

Volkswagen accused of ruining Mexican crops with weather-altering 'hail cannons'

Volkswagen has been accused of ruining crops planted near one of its factories in Mexico by using technology to alter the weather.

Volkswagen to invest $4 billion by 2025 to build digital businesses, software

Volkswagen working on a new software operating system, to be known as ‘vw.OS’, which will be introduced in VW brand electric cars from 2020 onwards

Volkswagen to offer all-electric car-sharing from 2019

German auto giant Volkswagen said today it would launch an all-electric car-sharing service in Berlin next year, hoping to show off new models and break into a fast-growing market. Set to begin in the second quarter of 2019, the service known as "We Share" will at first offer 1,500 VW e-Golf compact…

Volkswagen to invest $4 billion to build digital businesses, software

Volkswagen will invest 3.5 billion euros ($4 billion) by 2025 to build digital businesses and products including a cloud computing-based platform to connect vehicles and customers to offer services such as car sharing.
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Volkswagen Company Life and Culture

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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, Francisco Javier Garcia Sanz and Jochem Heizmann.

  • How many employees does Volkswagen have?

    Volkswagen has 649,692 employees.

  • What is Volkswagen revenue?

    Latest Volkswagen annual revenue is €230.7 b.

  • What is Volkswagen revenue per employee?

    Latest Volkswagen revenue per employee is €355.1 k.

  • Who are Volkswagen competitors?

    Competitors of Volkswagen include AB Volvo, Fiat Chrysler Automobiles and General Motors.

  • Where is Volkswagen headquarters?

    Volkswagen headquarters is located at 2 Berliner Ring, Wolfsburg.

  • Where are Volkswagen offices?

    Volkswagen has offices in Wolfsburg, Verona, Herndon and Blakelands.

  • How many offices does Volkswagen have?

    Volkswagen has 5 offices.