Volkswagen AG, trading in the U.S. as OTCMKTS:VWAPY, is a leading global automotive manufacturer based in Wolfsburg, Germany. Founded in 1937, the company has grown to become one of the largest automakers in the world by vehicle sales. Volkswagen’s product portfolio spans a diverse range of passenger cars, SUVs and light commercial vehicles under its core Volkswagen brand, as well as premium and luxury offerings through Audi, Porsche, Bentley, Bugatti and Lamborghini. Beyond passenger vehicles, the group produces heavy trucks and buses via MAN and Scania, and provides comprehensive finance, leasing and mobility services.
In recent years, Volkswagen has emphasized its transformation into a provider of sustainable mobility solutions. The launch of the ID family of electric vehicles marks a major step toward the company’s “New Auto” strategy, with plans to introduce multiple pure-electric and hybrid models across all of its key brands. Volkswagen also invests in software development, autonomous driving research and charging infrastructure partnerships, reflecting its ambition to evolve from a traditional carmaker into a technology-driven mobility provider.
Volkswagen’s operations span more than 150 markets worldwide, with manufacturing facilities in Europe, China, North and South America and Africa. China remains the company’s largest single market by volume, where it operates through joint ventures with local automakers. In Europe, Volkswagen is renowned for its strong brand recognition and extensive dealer network. It also maintains a growing presence in emerging markets with regionally tailored models and mobility services.
The company is overseen by a two-tier board structure. Oliver Blume serves as Chief Executive Officer, having taken the helm in September 2022, while Hans-Dieter Pötsch acts as Chairman of the Supervisory Board. Under their leadership, Volkswagen continues to pursue cost efficiency, regional diversification and technological innovation, aiming to meet global emission targets and capture long-term growth in electric and digital mobility markets.
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