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Volkswagen

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About Volkswagen

Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through the following segments: Passenger Cars, Commercial Vehicles, Power Engineering and Financial Services. The Passenger Cars segment covers the development of vehicles and engines, the production and sale of passenger cars and light commercial vehicles and the corresponding genuine parts business. The Commercial Vehicles segment covers the development, production and sale of light commercial vehicles, trucks and buses, as well as the corresponding genuine parts business and related services. The Power Engineering segment deals with the development and production of large-bore diesel engines, turbo compressors, industrial turbines and chemical reactor systems; and the production of gear units, propulsion components and testing systems. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance and fleet management services. The company was founded on the 28th of May, 1937 and is headquartered in Wolfsburg, Germany.

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