Volkswagen Group Flashcards
By whom is the Volkswagen group mostly owned?
Volkswagen AG (German: [ˈfɔlksˌvaːgn̩]), known internationally as the Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and majority owned by the Austrian Porsche-Piech family through Porsche Automobil Holding SE
How many vehicles did it sell in 2017?
In 2016, it was the world’s largest automaker by sales, overtaking Toyota and keeping this title in 2017, selling 10.7 million vehicles
Under which marques is it selling passenger cars?
Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the marques MAN, Scania, and Volkswagen Commercial Vehicles.
What are the two main divisions?
It is divided into two primary divisions, the Automotive Division and the Financial Services Division
How many subsidiary companies does it have?
2008 had approximately 342 subsidiary companies
How many ventures does it have in China?
VW also has two major joint-ventures in China (FAW-Volkswagen and SAIC Volkswagen). The company has operations in approximately 150 countries and operates 100 production facilities across 27 countries.
When was Volkswagen founded?
Volkswagen was founded in 1937
Which was the first car it manufactured?
to manufacture the car which would become known as the Beetle.
When did it acquire auto union?
The company’s production grew rapidly in the 1950s and 1960s, and in 1965 it acquired Auto Union, which subsequently produced the first post-war Audi models.
What were Volkswagens main front-wheel drive vehicles?
Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the latter became its bestseller.
When did it acquire a controlling stake in SEAT?
Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company
And a controlling stake in skoda?
and acquired control of Škoda in 1994
IN Bentley?
of Bentley, Lamborghini and Bugatti in 1998
Scania?
Scania in 2008
Porsche?
Ducati, MAN and Porsche in 2012
