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volkswagen ag-pref (50IT) Snapshot

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Current Stock Chart for VOLKSWAGEN AG-PREF (50IT)

volkswagen ag-pref (50IT) Details

Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and genuine parts. The Commercial Vehicles segment develops, produces, and sells light commercial vehicles, and trucks and buses, as well as offers parts and related services. The Power Engineering segment develops and produces large-bore diesel engines, turbo compressors, industrial turbines, and chemical reactor systems, as well as produces gear units, propulsion components, and testing systems. The Financial Services segment offers dealer and customer financing, leasing, banking and insurance, fleet management, and mobility services. It also offers motorcycles. Volkswagen Aktiengesellschaft provides its products under the Volkswagen Passenger Cars, Audi, ŠKODA, SEAT, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, and MAN brand names, as well as financial services under the Volkswagen Financial Services brand name. The company has a co-operation with Daimler AG to produce Crafter delivery van. Volkswagen Aktiengesellschaft is based in Wolfsburg, Germany.

578,954 Employees
Last Reported Date: 04/29/15

volkswagen ag-pref (50IT) Top Compensated Officers

Chairman of Board of Management and Chief Exe...
Total Annual Compensation: €4.6M
Chief Financial Officer, Head of Controlling ...
Total Annual Compensation: €2.2M
Head of Human Resources & Organization and Me...
Total Annual Compensation: €2.0M
Member of Board of Management
Total Annual Compensation: €2.2M
Head of Sales & Marketing and Member of Board...
Total Annual Compensation: €2.0M
Compensation as of Fiscal Year 2014.

volkswagen ag-pref (50IT) Key Developments

Volkswagen Group Opens New Poznan Logistics Centre

Volkswagen Group has opened a new logistics site in Komorniki (Poland). The site, run by VW Group Poland, is 30,000 square metres and will support the supply of components and accessories in the region. Having seen demand fall back in recent years, demand for VW Group's products reached record levels during 2014, with registrations hitting just over 90,000 units. With sales expected to go beyond this level, this new site will meet local dealer demand for components to service these vehicles going forward. The site is also very close to Poznan, which is a home to VW Group light commercial vehicle (LCV) production, with the manufacture of the VW Caddy and Transporter. It is also not far from Wrzesnia, which will be home to the forthcoming next-generation Crafter.

Volkswagen Ag Plans to Launch Last Mile Surfer Scooter in US

Volkswagen AG is planning to launch its Last Mile Surfer scooter in the United States sometime in 2016. The model is to compete with the Segway, the three-wheeled electric mobility device serves as a shuttle that can bring drivers to and from their parked vehicle. The package weighs 24 pounds and collapses to fit in a boot. The company is planning to launch the vehicle sometime in 2016, priced at less than EUR 1,000.

Volkswagen AG to Launch New California in United Kingdom

Volkswagen AG is launching its new California in the United Kingdom on August 3, 2015. The model is available in two trim levels, Beach and Ocean. The Beach is priced from GBP 37,657 to GBP 41,515 while Ocean versions are priced from GBP 47,840 to GBP 54,975. The vehicle is available with Euro 6-compliant 2.0-litre TDI Bluemotion engines. Power outputs include 101bhp, 148bhp and 202bhp variants, with four-wheel drive. Beach trim is available with seven seats and sleeping space for four. The bench seat folds to make a two-berth bed while the pop-up roof offers space for another double bed. A fold-out table and chairs are found in the sliding door and tailgate, and there's an integrated awning. The Ocean features an electro-hydraulic pop-up roof with lighting, and a kitchenette with two rings, a fridge and a sink.


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