Volkswagen AG referred to globally as the Volkswagen Group, is a German worldwide car producing organization headquartered in Wolfsburg, Lower Saxony, Germany, and in a roundabout way greater part claimed by Austrian Porsche and Piëch families. It plans, fabricates, and circulates passenger and business vehicles, cruisers, motors, and turbomachinery and offers related administrations including financing, renting, and armada the board. In 2016, it was the world’s biggest automaker by deals, overwhelming Toyota, and keeping this title in 2017, 2018, and 2019 selling 10.9 million vehicles. It has kept up the biggest piece of the overall industry in Europe for over two decades. It positioned seventh in the 2018 Fortune Global 500 rundown of the world’s biggest organizations.
Volkswagen Group sells passenger vehicles under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda, and the leader Volkswagen marques; cruisers under the Ducati brand; and TRATON (business vehicles, trucks, and transports) under the marques MAN, Scania, and Volkswagen Commercial Vehicles. It is partitioned into two essential divisions, the Automotive Division and the Financial Services Division, and starting in 2008 had roughly 342 auxiliary organizations. Volkswagen additionally has two significant joint-adventures in China (FAW-Volkswagen and SAIC Volkswagen). The organization has tasks in roughly 150 nations and works 100 creation offices across 27 nations.