Volkswagen Financial Services Company Profile

Aggregated data from the web about Volkswagen Financial Services

Company Name	Volkswagen Financial Services
Website	volkswagenag.com
Snippet	Volkswagen AG (German: [ˈfɔlksˌvaːgn̩]), known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by the Austrian Porsche and Piëch families. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, overtaking Toyota and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles.[5] It has maintained the largest market share in Europe for over two decades.[6] It ranked seventh in the 2018 Fortune Global 500 list of the world's largest companies.[7] The Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques; light commercial vehicles under the Volkswagen Commercial Vehicles brand; motorcycles under the Ducati brand; and heavy commercial vehicles via the marques of listed subsidiary Traton: MAN, Scania, and Volkswagen Caminhões e Ônibus. It is divided into two primary divisions—the Automotive Division and the Financial Services Division—and as of 2008 had approximately 342 subsidiary companies.[8] Volkswagen 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.
ISIN	DE0007664005
Type	Public
Brands	AudiBentleyBugattiDucatiJettaLamborghiniPorscheSEATŠkodaVolkswagen Passenger Cars, MANNeoplanScaniaTratonVolkswagen Commercial Vehicles, Italdesign Giugiaro
Owners	Porsche SE - 31.3% of equity, 53.1% of votes (as of 31 December 2019)[2], State of Lower Saxony - 11.8% of equity, 20% of votes (as of 31 December 2019)[2], QIA - 14.6% of equity, 17% of votes (as of 31 December 2019)[2]
Founded	1937
Revenue	€252,632 billion US$282.9 billion (2019)[2]
Website	volkswagenag.com
Industry	Automotive
Products	Automobiles, commercial vehicles, internal combustion engines, motorcycles, turbomachinery
Services	Banking, financing, fleet management, insurance, leasing[4]
Traded as	FWB: VOW, VOW3DAX Component (VOW3)
Key people	Hans Dieter Pötsch (Chairman of the Supervisory Board)Dr. Herbert Diess (Chairman of the Board of Management)[1]
Net income	€13,346 billion (2019)[2]
Area served	Worldwide
Headquarters	Wolfsburg, Germany
Subsidiaries	Navistar International (16.9%)Porsche HoldingVolkswagen Marine, Volkswagen Financial Services AGVolkswagen Leasing GmbH Volkswagen Immobilien, Volkswagen Group Fleet InternationalVolkswagen Group SupplyVolkswagen Air Service, Volkswagen Industrial Motor, Volkswagen Group ChinaVolkswagen Group IndiaVolkswagen Group of AmericaVolkswagen Group AustraliaVolkswagen Group CanadaVolkswagen Group MalaysiaVolkswagen do BrasilVolkswagen Group IrelandVolkswagen Group ItaliaVolkswagen of South AfricaVolkswagen Group United Kingdom
Total assets	€488,071 billion (2019)[2]
Total equity	€121,781 billion (2019)[2]
Operating income	€16,960 billion (2019)[2]
Production output	10,823,000 (2019)[2]
Number of employees	304,174 (salaried employees) (2019)[2]
Number of locations	100 production facilities across 27 countries

Volkswagen Financial Services is part of the Germany company list

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