Volkswagen AG
VOW
Company Profile
Business description
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9.4 million vehicles in 2023. 80% of group revenue is generated by its four vehicle segments—core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus). It also has a vehicle software business (Cariad), batteries, and power engineering production and financial services.
Contact
Berliner Ring 2
WolfsburgNI38440
DEUT: +49 536190
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto Manufacturers
Fiscal Year End
31 December 2024
Employees
684,292
Morningstar Investment Ideas
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