Volkswagen Group is a German automobile manufacturer founded in 1937 by the German Labour Front. The company was created to produce cheap and simple cars that could be mass-produced and thus more affordable for everyday Germans.
Volkswagen Group is perhaps most commonly associated with the Beetle and the Kombi, with both models becoming early pioneers in their respective market segments.
Today, the company sells a range of passenger vehicles, trucks, motorcycles, and turbomachinery across various brands.
Audi is known for its luxury vehicles and revolutionary technology, which includes piloted driving, electromobility, and the use of artificial intelligence.
Porsche
Porsche is yet another German manufacturer specializing in high-performance sports vehicles, SUVs, and sedans. Popular models include the Porsche 911, Cayenne, Macan, Boxster, and 718.
Porsche is the most recent brand to become part of Volkswagen Group, with the company completing the acquisition in 2012.
Skoda
Skoda is a Czech automobile manufacturer founded in 1895 by Vaclav Laurin and Vaclav Klement.
The manufacturer was state-owned for many years, but gradually became privatized by Volkswagen Group. By the year 2000, Skoda became a wholly-owned subsidiary.
Scania is a Swedish vehicle manufacturer with a focus on commercial trucks, buses, and diesel engines for marine and industrial purposes.
The company is a subsidiary of Traton, itself a subsidiary of Volkswagen Group consisting of similar manufacturers such as MAN and Navistar.
Ducati
Ducati is an Italian motorcycle manufacturer headquartered in Bologna, Italy. The company is owned by Lamborghini through the German parent company Audi.
Ducati motorcycle models include the Monster, Multistrada, Diavel, Panigale, and Streetfighter.
Key takeaways:
Volkswagen Group is a German automobile manufacturer founded in 1937 by the German Labour Front. The company was created to make car ownership more accessible to German citizens, with models such as the Beetle and Kombi paving the way for future automobile innovation.
Volkswagen Group owns many successful automotive brands, including luxury manufacturers Bentley, Audi, and Porsche. Czech producer Skoda is one of the company’s most profitable subsidiaries.
Volkswagen Group also owns truck manufacturer Scania and Italian motorcycle producer Ducati.
Volkswagen Group is a major car maker which owns brands like Volkswagen, SKODA, SEAT, Audi, Bentley, Porsche, and more. Volkswagen Group sold over 8.5 million cars in 2021, compared to over 9.1 million in 2020 and over 10.9 million vehicles in 2019.
Volkswagen Group is a major car maker which owns brands like Volkswagen, SKODA, SEAT, Audi, Bentley, Porsche, and more. Volkswagen Group produced over 8.2 million cars in 2021, compared to 8.9 million cars in 2020 and over 10.8 million produced vehicles in 2019.
Volkswagen Group is a major car maker that owns brands like Volkswagen, SKODA, SEAT, Audi, Bentley, Porsche, and more. Volkswagen Group delivered over 8.8 million cars in 2021, compared to 9.3 million in 2020 and over 10.9 million deliveries in 2019.
The Volkswagen Group, comprises brands like SKODA, SEAT, Audi, Bentley, Porsche, and more. In 2021 it generated over €250 billion in revenue, compared to over €222 billion in 2020 and over €252 billion in 2019.
Within the Volkswagen group, the Volkswagen brand generated over €76 billion in revenue in 2021, compared to over €71 billion in 2020 and over €88 billion in 2019. Volkswagen is part of the Volkswagen Group, which comprises brands like SKODA, SEAT, Audi, Bentley, Porsche, and more, which in 2021 generated over €250 billion in revenue.
Audi generated €53 billion in revenue in 2021, compared to almost €50 billion in 2020 and €55.6 billion in 2019. Audi is part of the Volkswagen Group, a major car manufacturer which generated over €250 billion in revenue in 2021.
Porsche generated over €30 billion in revenue in 2021, compared to over €26 billion in 2020 and over €26 billion in 2019. Porsche is part of the Volkswagen Group, a major car manufacturer which generated over €250 billion in revenue in 2021.
SKODA generated €17.7 billion in revenue in 2021, compared to over €17 billion in 2020 and €19.8 billion in 2019. SKODA is part of the Volkswagen Group, a major car manufacturer which generated over €250 billion in revenue in 2021.
Bentley generated €2.84 billion in revenue in 2021, compared to over €2 billion in 2020 and over €2 billion in 2019. Bentley is part of the Volkswagen Group, a major car manufacturer which generated over €250 billion in revenue in 2021.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
