Volkswagen

Wolfsburg, Lower Saxony, serves as the corporate headquarters for the German automaker Volkswagen. The Volkswagen Group, the largest carmaker in the world by worldwide sales in 2016 and 2017, is best known for its iconic Beetle and is represented by this brand, which acts as its flagship. The German Labour Front of the Nazi Party created it in 1937, and British Army Officer Ivan Hirst revived it as a global brand following World War II.

By implementing its "NEW AUTO—Mobility for Generations to Come" strategy, the Volkswagen Group will accelerate its transformation from a vehicle manufacturer to a major, global software-driven mobility provider—a company that is redefining mobility while operating in a conscientious, climate-neutral manner. The Volkswagen Group's guiding concept aims to create sustainable, connected, safe, and personalized mobility solutions for future generations.

Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, and Koda are also owned by Volkswagen. While some of these brands, such as Lamborghini and Bentley, appear to be direct competitors, each has been carefully positioned to target a very specific type of customer. Volkswagen has come a long way from its wartime roots in Germany, thanks in part to its international focus and highly customized marketing strategy. Soaring sales in China, which now make for a substantial portion of the company's revenue, have accelerated its growth. With the Chinese economy expected to slow, the firm will undoubtedly seek other rising markets for future earnings.

Founded: 1937
Headquarters: Wolfsburg, Germany
Website: https://www.vw.com/