Volkswagen Ag - Operating Environment
Basic introduction
The Volkswagen group has its headquarters in Wolfsburg, Germany. With around 350,000 employees and annual deliveries of more than 5 millions vehicles Volkswagen is Germany’s leading automobile manufacturer and therefore belongs to Europe’s main leaders. Volkswagen runs 58 production plants worldwide and sells cars in over 150 countries. Main regions to sell apart from Europe are North America and China.
The business is divided into two different sectors:
1. The automobile sector, which includes the two brand sectors Volkswagen, with Bugatti, Skoda and Bentley and the Audi group including Seat, Lamborghini and Rolls Royce. Moreover, there is a sector for commercial vehicles.
2. Another sector is built up by the financial services that contain the Volkswagen Bank, car leasing programs and Europcar vehicle rental.
The main activity is the production and sale of passenger cars which forms about 90% of the business.
The Goal of the Volkswagen......
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