Volkswagen AG Preferred (VOW)

Overview

Volkswagen AG, a cornerstone in the global automotive industry, stands as a significant manufacturer and seller of automobiles, with a widespread presence across Germany, Europe, North America, South America, the Asia-Pacific, and international markets. Founded in 1937, and rooted in Wolfsburg, Germany, the company showcases a rich portfolio through its operation in four primary segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. With a reputation for innovation and quality, Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE, underscoring its prominence in the automotive sector. The expansive reach of Volkswagen AG is not only a testament to its historic legacy but also to its commitment to advancing automotive technology and services on a global scale.

Products and Services

• Passenger Cars and Light Commercial Vehicles

  This segment is dedicated to the development of vehicles, engines, and vehicle software, along with the production and sale of passenger cars and light commercial vehicles, and related parts. It represents the core of Volkswagen AG's operations, emphasizing innovation and quality in vehicle manufacturing.

• Commercial Vehicles

  Under this segment, Volkswagen AG develops, produces, and sells trucks and buses. It is not just about the vehicles but also about offering parts and related services that support the commercial transport industry. This branch underscores the company's versatile approach to mobility, catering to both passenger transport and logistics sectors.

• Power Engineering

  Volkswagen AG's Power Engineering segment offers cutting-edge large-bore diesel engines, turbomachinery, and propulsion components. This segment showcases the company's commitment to innovation beyond conventional vehicle manufacturing, focusing on powerful and efficient engineering solutions.

• Financial Services

  Providing dealership and customer financing, leasing, banking and insurance, fleet management, and mobility services, this segment supports the full lifecycle of the company's vehicles. By offering comprehensive financial services, Volkswagen AG enhances the accessibility and ownership experience of its products.

• Motorcycles

  In addition to its more traditional automotive offerings, Volkswagen AG also enters the two-wheel segment with its motorcycle offerings. This diversifies the company's product range and caters to a wider audience of mobility enthusiasts.

Volkswagen AG houses an impressive array of brand names under its umbrella, including Volkswagen Passenger Cars, ŠKODA, SEAT/CUPRA, Volkswagen Commercial Vehicles, Audi, Lamborghini, Bentley, Ducati, Porsche, Scania, MAN, Volkswagen Truck & Bus, Navistar commercial vehicles, and Bugatti. Each brand brings its unique strengths and heritage to the Volkswagen AG portfolio, enhancing the company's standing in the global automotive market.