VW Volkswagen

Volkswagen Group (pronounced [ˈfɔlksˌvaːgən gʁuːp]), or Volkswagen Aktiengesellschaft (pronounced [ˈfɔlksˌvaːgən ˈʔakt͡si̯əngəˌzɛlʃaft]), shortly VW AG, is a Germanmultinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing and fleet management. In 2015, it produced approximately 9.87 million vehicles, the second-largest number of any company in the world, behind Toyota. It has maintained the largest market share in Europe for over two decades.^[9] It ranked seventh in the 2016 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 Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the marques MAN, Scania, Neoplan and Volkswagen Commercial Vehicles. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and has approximately 340 subsidiary companies.^[11] VW 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.