Volkswagen AG VZO Stock
€94.12
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Description Volkswagen
Volkswagen AG (VLKPF) is a German multinational automotive company that designs, manufactures, and distributes passenger cars, commercial vehicles, motorcycles, and engines. It is the largest automaker in Europe and one of the world's leading manufacturers of premium and luxury vehicles. Volkswagen operates through four main business segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services.
The Passenger Cars segment is the largest and most significant, accounting for over 80% of Volkswagen's revenue. It primarily focuses on the design, manufacture, and sale of passenger cars marketed under the Volkswagen, Audi, SEAT, and ŠKODA brands, among others.
The Commercial Vehicles segment designs, manufactures, and markets light commercial vehicles, trucks, and buses under the Volkswagen, MAN, and Scania brands.
The Power Engineering segment develops and produces large-bore diesel engines, turbo compressors, and industrial gas turbines for various applications.
The Financial Services segment includes financing, leasing, insurance, and mobility services provided to Volkswagen's customers and dealerships worldwide.
Overall, Volkswagen is considered a leading player in the global auto industry, with a strong brand portfolio, extensive market reach, and a broad product range.
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