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In addition to its core brands, the Volkswagen Group also relies on strong subsidiaries and strategic partners across heavy commercial vehicles, engineering, software, financial services and mobility solutions to accelerate its transformation into a technology group.
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Group. The Group comprises ten brands from five European...
- Group | Volkswagen Group
- Cariad
- Volkwagen Group Components
- Volkswagen Financial Services
- Moia
- Seat
- Skoda
- Scania
- Ducati
- Porsche
- Audi
It is an independent automotive software company under the Volkswagen Group that consolidates and expands the software competencies of the firm. With a goal to make the best use of technology to benefit the automotive industry, this company is on its way to developing more sustainable automotive services. It was established in 2020.
This company was founded in 2019 as a part of Volkswagen group strategy 2030. They aspire to improve the potential and viability of component activities through cross-brand management. They are divided into new business areas that are known as Engine & Foundry, Gearbox & Electric Drive, Battery Cell & Battery System, Charge & Energy, Chassis and Se...
It was founded in the year 1949 and since then has been performing well even during the Covid 19 pandemic. They focus on finding better services with regard to the digital spaces. Their primary focus area revolves around dealer and customer financing, leasing, bank and insurance activities, fleet management and mobility services. They are represent...
MOIA is a company under Volkswagen that focuses on offering mobility services to city dwellers. It was founded in December 2016 and since then has been working towards its primary goal of recruiting the nuances of mobility amongst the people in urban areas. They develop on-demand services including ride pooling. With the Volkswagen group, they are ...
Seat is the first car manufacturing company in Spain and was founded on 9 May 1950. Since then they have been demonstrated evidence that stands as a testament to the robust technology and industrial competence that the firm maintains consistently. Today the company has marked its presence in more than 75 countries employing over 15,000 people. They...
Skoda is a Czech Republic company that was founded in 1895 by Vaclav Laurin and Vaclav Klement. It is one of the oldest car manufacturers in the world that is functional even today. For the last 30 years, Skoda auto has been a very important part of the Volkswagen group. Skoda has also not forgotten their commitment to creating a sustainable enviro...
The Swedish brand was founded in 1891 by Philip Wersen and Surahammarsbruk, which is a centuries-old ironworks. Over the years, they ran into many financial difficultiesbefore they became the general agent for Volkswagen in Sweden. By 2008, Volkswagen owned over 68% of the voting rights and 37.73% of share capital. By 2014, Scania was wholly owned ...
Headquartered in Bologna, Italy, Ducati has never failed to impress motorbike lovers. It was founded by Antonio Cavalieri in the year 1926. Ducati was taken over by Volkswagen in 2012 for $1.2 billion. Through Ducati, Volkswagen has been able to maintain a stronghold in the motorcycle industry as well.
This popular brand that is known for its premium qualities was founded by Ferdinand Porsche in 1931. It is said that the Beetle designs by Volkswagen were influenced by Porsche. Although the companies agreed to merge in August 2009, it was only towards the end of 2015 that Volkswagen had the majority shareholding in Porsche.
This famous automobile brand became an important part of Volkswagen in 1965. It has been offering premium vehicles since its inception in 1909. Today Audi cars have become a measure of the quality of life and place their owners in a certain class of society.
Volkswagen contributed its fully consolidated subsidiaries Bugatti Automobiles S.A.S, Molsheim/France and initially 51% of Bugatti International S.A., Strassen/Luxembourg. Rimac holds 55% of the shares in the company, and Volkswagen holds 45% through Dr. Ing. h.c. F. Porsche AG (Porsche).
Until October 2020, it also included the business of Renk. The activities of the Financial Services Division comprise dealer and customer financing, vehicle leasing, direct banking and insurance activities, as well as fleet management and mobility offerings. With its brands, the Volkswagen Group is present in all relevant markets around the world.
Consolidated subsidiaries. The fiscal year’s changes in the consolidated Group are shown in the following table: Download. Number. Germany. Abroad. Initially consolidated.
Consolidated subsidiaries; Investments; Consolidation methods; Currency translation; Accounting policies; Segment reporting; Income Statement Disclosures. Sales revenue; Cost of sales; Distribution expenses; Administrative expenses; Other operating income; Other operating expenses; Share of result of equity-accounted investments; Interest ...
