ABC News – Volkswagen’s Multi-billion dollar profit – USA News
ABC News – Volkswagen’s Multi-billion dollar profit
#Volkswagen 's multi-billion dollar profit, Italy gives-up on #Alitalia & iPhones lose their lustre. #ABCTheWorld 's @AuskarSurbakti has more pic.twitter.com/W5YxSpdKbM
— ABC News (@abcnews) May 3, 2017
Volkswagen
|
|
|
Type
|
Public |
|---|---|
| Industry | Automotive |
| Founded |
Berlin, Germany
(May 28, 1937 ) |
| Founder | German Labor Front (Deutsche Arbeitsfront, DAF) |
| Headquarters | Wolfsburg , Germany |
|
Area served
|
Worldwide |
|
Key people
|
Herbert Diess (Chairman of the Board of Management of the Volkswagen Passenger Cars brand) |
| Products | Automobiles |
|
Production output
|
6.073 million units (2016 annual report)
|
| Revenue |
€105.651 billion (2016 annual report)
|
| Profit |
€1.869 billion (2016 annual report)
|
|
Number of employees
|
626,715 (end of 2016) |
| Parent | Volkswagen Group |
| Website | volkswagen.com |
Volkswagen shortened to VW , is a German automaker founded on May 28, 1937 by the German Labour Front and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group and is the largest automaker worldwide.
Volkswagen
is German for “people’s car”, and the company’s current international advertising slogan is just “Volkswagen”.American English pronunciation is approximately “volks wagon” (
listen
(help·info)
).
[
better source needed
]
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