Definitions for volkswagen group
volk·swa·gen group

WikipediaRate this definition:0.0 / 0 votes

1. Volkswagen Group

   Volkswagen AG (German: [ˈfɔlksˌvaːgn̩]), known internationally as the Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by 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. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2018 Fortune Global 500 list of the world's largest companies. Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and the flagship Volkswagen marques; motorcycles under the Ducati brand; and TRATON (commercial vehicles, trucks, and buses) under the marques MAN, Scania, and Volkswagen Commercial Vehicles. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and as of 2008 had approximately 342 subsidiary companies. 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. Volkswagen was founded in 1937, to manufacture the car which would become known as the Beetle. 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. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the latter became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini and Bugatti in 1998, Scania in 2008 and of Ducati, MAN and Porsche in 2012. The company's operations in China have grown rapidly in the past decade with the country becoming its largest market. In June 2018, Volkswagen Trucks and Buses which comprises the MAN, Scania, and RIO truck brands are renamed to TRATON AG but the marques will not change, said by Andreas Renschler. Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the Euro Stoxx 50 stock market index, and secondary listings on the Luxembourg Stock Exchange, SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988, currently on the OTC Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. The state of Lower Saxony holds 12.7% of the company's shares, granting it 20% of the voting rights.

How to pronounce volkswagen group?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say volkswagen group in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of volkswagen group in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of volkswagen group in Pythagorean Numerology is: 8

Examples of volkswagen group in a Sentence

1. Volkswagen Group:

   The Volkswagen Group in India reiterates that all cars from the group are compliant with the emission norms defined in India.

2. Volkswagen Chief Executive Martin Winterkorn:

   I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the Volkswagen Group.

3. Volkswagen AG:

   In its first step, effective immediately( Volkswagen Group Australia) has temporarily suspended the sale of affected vehicles fitted with 1.6 or 2.0-litre EA189 diesel engines.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Volkswagen_Group