Volkswagen AG

Overview

Date Founded

1961

Headquarters

Berliner Ring 2,Wolfsburg, Niedersachsen (Lwr Saxony) 38440

Type of Company

Public

Employees (Worldwide)

663K

Industries

Automobiles

Company Description

Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through following segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment covers the development of vehicles and engines; production and sale of passenger cars and light commercial vehicles; and the corresponding genuine parts business. The Commercial Vehicles segment covers the development, production, and sale of light commercial vehicles, trucks, and buses; and the corresponding genuine parts business and related services. The Power Engineering segment deals with the development and production of large-bore diesel engines, turbo compressors, industrial turbine,s and chemical reactor systems; and the production of gear units, propulsion component,s and testing systems. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance, fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Website

http://www.volkswagen.de

Contact Data

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In The News

ENP Newswire

April 22, 2021

-BENTLEY ACTIVATES COLLEAGUE SUPPORT FOR SUSTAINABILITY GOALS ON WORLD EARTH DAY

ENP Newswire

April 22, 2021

-Earth Day 2021: SKODA AUTO takes part in #Project1Hour

ENP Newswire

April 22, 2021

-Earth Day: Lamborghini receives the Green Star 2021 award and renews its commitment to environmental sustainability by participating in #Project1Hour

ENP Newswire

April 22, 2021

-One hour for protecting the environment: MAN participates in Earth Day

PR Newswire

April 22, 2021

Elgin Volkswagen hosts yearly Sign then Drive Event until April 30; Event includes special lease, financing and deferred payment offers on new Volkswagen vehicles, in addition to $0 due at signing, $0 down, $0 first month's payment and $0 security deposit

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Executives & Employees

Frank Witter

Chief Financial Officer

Ralf Brandstaetter

Chief Operating Officer

Wolfgang Glabus

Head, Industrial & Environmental Policy

Leif Albert Östling

Head, Group Commercial Vehicles

Thomas Ulbrich

Head-Development

Ralf Brandstätter

Head of Procurement

Frank Welsch

Head-Quality Management & Strategy Division

Francisco Javier García Sanz

Head of Group Procurement Electrics & Electronics

Markus Duesmann

Member, Group Board of Management

Evan Spiegel

Co-Founder

Supervisory Board

Hans Dieter Pötsch

Chief Financial Officer at Porsche Automobil Holding SE

Hussain Ali Al-Abdulah

Vice Chairman at Qatar Holding LLC

Hessa Al-Jaber

Minister of Communication & Information Technology at Government of Qatar

Wolfgang Porsche

Co-Managing Director at Porsche GmbH (Germany)

Ferdinand Oliver Porsche

Member, Supervisory Board at Volkswagen AG

Jörg Hofmann

President at IndustriALL Global Union

Bernd Osterloh

Professional at Porsche Automobil Holding SE

Athanasios Stimoniaris

Member, Supervisory Board at Volkswagen AG

Hans-Michel Piëch

Co-Managing Director at Porsche GmbH (Germany)

Peter Mosch

Professional at Porsche Automobil Holding SE

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Volkswagen AG

Owners & Shareholders

Details Hidden

Fontis Advisory Office GmbH

Part of FONTIS Family Office GmbH, FONTIS Advisory Office GmbH is a German company located in Stuttgart that provides investment advice. Thomas Becker and Harald Braun are the current co-CEOs of the firm.

Details Hidden

Andorra Gestio Agricol Reig SAU

Andorra Gestio Agricol aims to preserve their clients' capital and calibrate investment opportunities to extract the maximum potential from their investment with the least possible risk. The firm offers a wide range of investment strategies.

Details Hidden

Controlfida (Suisse) SA

Controlfida is a global manager that aims to generate long-term, superior risk-adjusted returns for investors by dynamically managing positions in interest rates, equity and currency markets as well as utilizing a proprietary option trading strategy. The funds only invest in liquid and listed securities eliminating any liquidity and counterparty risks. Positions are monitored continuously and portfolios are dynamically modified to take advantage of even the smallest market moves.

Recent Transactions

Details Hidden

BINZ Ambulance-& Umwelttechnik GmbH, RMA Group purchase MAN Truck & Bus SE /Plauen Factory from Volkswagen AG

Details Hidden

Volkswagen AG, MAN Energy Solutions SE purchase H-TEC SYSTEMS GmbH from GP JOULE GmbH

Details Hidden

EDF Group, Framatome SAS purchase Rolls-Royce Motor Cars Ltd. /Civil Nuclear Instrumentation And from Volkswagen AG

Transaction Advisors

Legal Advisor

Clifford Chance LLP

Advised onVolkswagen AG purchases Scania AB

Accountant

PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft

Advised onVolkswagen AG purchases LeasePlan Corp. NV from ABN AMRO Holding NV

Investment Advisor

Citigroup, Inc.

Advised onVolkswagen AG purchases Scania AB

Legal Advisor

Joachim Schutze

Advised onVolkswagen AG purchases Man Se

Legal Advisor

Johannes Perlitt

Advised onVolkswagen AG purchases Man Se

Legal Advisor

Wolfgang Richter

Advised onVolkswagen AG purchases Man Se

Advisors & Consultants

Advisor

Larry D. Thompson

Independent Compliance Monitor & Auditor at Volkswagen Group of America, Inc.

Advisor

Wolfgang Dürheimer

Former Chairman & Chief Executive Officer at Bentley Motors Ltd.

Advisor

Michael Neuman

Managing Partner, Scout Sports & Entertainment at Horizon Media, Inc.

Clients

Berkshire Hathaway, Inc.

Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment involves in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

AutoNation, Inc.

AutoNation, Inc. engages in the provision of automotive products and services. It operates through the following segments: Domestic, Import, Premium Luxury, and Corporate & Other. The Domestic segment comprises retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment includes retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, and Lexus. The Corporate & Other segment involves in the collision centres, auction operations and stand-alone used vehicle sales and service centres. The company was founded by Steven Richard Berrard and Harry Wayne Huizenga Sr. in 1991 and is headquartered in Fort Lauderdale, FL.

Penske Automotive Group, Inc.

Penske Automotive Group, Inc. operates as an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment is comprised of commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Key Stats and Financials As of 2020

Market Capitalization

$144B

Total Enterprise Value

$272B

Earnings Per Share

$18.66

EBITDAMargin

16.2%

Enterprise Value / Sales

1.09x

Enterprise Value EBITDAOperating

6.71x

TEVNet Income

29.07x

Debt TEV

0.9x

Three Year Compounded Annual Growth Rate Of Revenue

-1.14%

Revenue

$250B

Net Profit

$9.35B

EBITDA

$40.5B

Total Debt

$246B

Total Equity

$127B

Investments

Details Hidden

Forge Nano, Inc.

Forge Nano, Inc. designs and develops atomic layer deposition (ALD) and nano-encapsulation technologies for coating powders. The firm provides atomic level coatings through series of ALD tools and toll coating services. The company was founded by Paul Lichty, David King, and James Trevey in 2013 and is headquartered in Louisville, CO.

Details Hidden

Northvolt AB

Northvolt AB manufactures lithium-ion batteries. Its properties include Foundry, Chemistry and Formfactor. The firm also provides solutions in the transportation, grid storage and industrial areas. The company was founded Peter Carlsson, Carl-Erik Lagercrantz, Olof Harald Mix and Paolo Cerruti in October 2016 and is headquartered in Stockholm, Sweden.

Details Hidden

Beijing TuSimple Future Technology Co., Ltd.

Beijing TuSimple Future Technology Co., Ltd. engages in the development of software products. Its business scopes include basic and application software services, engineering and technology research and experimental development, hosting exhibitions, and organizing cultural and artistic exchange activities. It sells computer software and auxiliary equipment, electronic products, communication equipment, auto parts, and automobiles. The company was founded by Mo Chen and Xiao Di Hou on December 8, 2016 and is headquartered in Beijing, China.

Investors

Details Hidden

Philipp Moehring

Venture Partner at 500 Startups Management Co LLC

Details Hidden

Wolfgang Porsche

Co-Managing Director at Porsche GmbH (Germany)

Suppliers

BorgWarner, Inc. Industrial Machinery & Manufacturing | Auburn Hills, MI

BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Air Management, e-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The e-Propulsion & Drivetrain segment focuses on the products that improve fuel economy, reduce emissions, and enhance performance in combustion, hybrid and electric vehicles. The Fuel Injection segment includes gasoline and diesel fuel injection components and systems that deliver efficiency for traditional and hybrid vehicles with gasoline combustion engines. The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. The company was founded in 1928 and is headquartered in Auburn Hills, MI.

Cummins, Inc. Oil & Gas | Columbus, Indiana

Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. The Engine segment manufactures and markets diesel and natural gas powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation and service, which service and distributes its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

Exide Technologies, Inc. Power & Utilities | Milton, GA

Exide Technologies has a rich history spanning more than 120 years in the battery business. Our strengths demonstrate Exide's position as a forerunner of industrial advancement around the world. With countless contributions to the growth of technology, our story, reflects the spirit of innovation and resilience at its best. Today, Exide serves the complex stored energy needs of customers around the world. We provide services and systems that enhance vehicle performance and fleet utilization as well as those that reduce risk of temporary interruptions of power supplies. Our global footprint melds together our two significant bases of experience in transportation and industrial markets and provides for better and faster means of introducing innovations in products and services. Exide is working to change the way the world uses and stores electrical energy

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