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Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 ''Fortune'' Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Pors ...
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Audi
Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. The origins of the company are complex, dating back to the early 20th century and the initial enterprises ( Horch and the ''Audiwerke'') founded by engineer August Horch. Two other manufacturers ( DKW and Wanderer) also contributed to the foundation of Auto Union in 1932. The modern Audi era began in the 1960s, when Auto Union was acquired by Volkswagen from Daimler-Benz. After relaunching the Audi brand with the 1965 introduction of the Audi F103 series, Volkswagen merged Auto Union with NSU Motorenwerke in 1969, thus creating the present-day form of the company. The company name is based on the Latin translation of the surname of the founder, August Horch. , meaning 'listen', becomes in Latin. The four rings of the Audi logo each represent one of four car ...
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Wolfsburg
Wolfsburg (; Eastphalian language, Eastphalian: ''Wulfsborg'') is the fifth-largest city in the Germany, German state of Lower Saxony, on the river Aller (Germany), Aller east of Hanover and west of Berlin. Wolfsburg is famous as the location of Volkswagen AG's headquarters and, until it was overtaken by Gigafactory Texas, Tesla Gigafactory Texas in 2022, Wolfsburg Volkswagen Plant, the world's biggest car plant. The Autostadt is a visitor attraction next to the Volkswagen factory that features the company's model range: Audi AG, Audi, Bentley Motors, Bentley, Bugatti Automobiles S.A.S., Bugatti, Ducati, Automobili Lamborghini S.p.A., Lamborghini, MAN SE, MAN, Neoplan, Porsche AG, Porsche, Scania AB, Scania, SEAT, S.A., SEAT, Škoda Auto and Volkswagen Commercial Vehicles. Wolfsburg is one of the few German cities built during the first half of the 20th century as a planned community, planned city. From its founding on 1 July 1938 as a company town, home for workers producin ...
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Qatar Investment Authority
The Qatar Investment Authority (QIA; ) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In November 2024, the QIA had an estimated $526 billion of assets under management. The QIA's structure and decision-making procedures have been characterized as non-transparent. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund). History and profile The QIA was founded in 2005 by the then- emir of Qatar, Hamad bin Khalifa Al Thani, to manage the oil and natural gas surpluses of the government of Qatar. As a result of its stated strategy to minimize risk from Qatar's reliance on energy prices, the fund predominantly invests in international markets (United States, Europe and Asia-Pacific) and within Qatar outside the energy sector. Prior to establishment of the QIA in 2005, Qatar's Min ...
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MAN Truck & Bus
MAN Truck & Bus SE (formerly MAN Nutzfahrzeuge AG, ) is a German automotive manufacturer and the subsidiary of Traton, one of the leading international providers of commercial vehicles. Headquartered in Munich, Germany, MAN Truck & Bus produces vans in the range from 3.0 to 5.5 t Gross vehicle weight rating, gvw, trucks in the range from 7.49 to 44 t gvw, heavy goods vehicles up to 250 t road train gvw, bus-chassis, coaches, interurban coaches, and city buses. MAN Truck & Bus also produces diesel and natural-gas engines. The MAN acronym originally stood for ''Maschinenfabrik Augsburg-Nürnberg AG'' (), formerly MAN AG. Trucks and buses of the product brand MAN and buses of the product brand Neoplan (premium coaches) belong to the MAN Truck & Bus Group. On 1 January 2011, MAN Nutzfahrzeuge (''literally: commercial vehicles'') was renamed as MAN Truck & Bus to better reflect the company's products on the international market. History Light truck collaborations with Saviem a ...
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International Motors
International Motors, LLC (formerly Navistar International Corporation) is an American manufacturer of commercial vehicles and engines, established in 1986 as a successor to the International Harvester company. International Motors produces trucks under its own brand and buses under the IC Bus name.It operates as an independent subsidiary of Traton holdings . Headquartered in Lisle, Illinois, International Motors employs approximately 14,500 people worldwide as of 2024. The company maintains an extensive distribution network, with nearly 1,000 dealer outlets across the United States, Canada, Brazil, and Mexico, and over 60 dealers in 90 other countries. International Motors' product line includes a range of commercial trucks, from medium-duty Class 4 to heavy-duty Class 8 vehicles. History 1902–1985: International Harvester International Harvester (IH) was created in 1902 by the merger of McCormick Harvesting Machine Company, and Deering Harvester Company. In 1908, I ...
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IC Bus
IC Bus (originally IC Corporation) is an American Bus manufacturing, bus manufacturer. Headquartered in Lisle, Illinois, IC is a wholly owned subsidiary of International Motors. Established in 2002 by Navistar through the reorganization of subsidiary manufacturer AmTran, American Transportation Corporation (AmTran), IC currently produces school buses and commercial-use buses for multiple applications. The IC name stands for "Integrated Coach", referring to how the vehicles are nearly completely assembled under a single corporate structure. For all vehicles, the body and chassis are assembled within the same manufacturing facility; the latter is designed by parent company Navistar (prior to 2015, Navistar also supplied the engine). While using a chassis and hood shared with International-brand trucks, IC Bus vehicles have separate badging. IC vehicles are produced at the Navistar Tulsa Bus Plant in Tulsa, Oklahoma. Prior to 2010, they were also assembled at the former AmTran/Wa ...
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Scout Motors
Scout Motors Inc. is an American automotive startup company. Founded in 2022, it is backed by German manufacturer Volkswagen Group and a member of the Volkswagen Group companies. Volkswagen AG obtained the Scout brand after acquiring American truck manufacturer International Motors (previously Navistar) in 2021. Scout Motors was established to produce off-road capable electric vehicles. It is a U.S.-based operation and independent company, managed separately from Volkswagen AG with its own executive team and board members. The company does not have an official headquarters, but has operations located in South Carolina, Michigan, Virginia, and California. History The Scout brand was conceptualized in 1959 by International Harvester. Production on the first Scout vehicles began in December 1960, with the first Scout vehicle sold as a 1961 model year called the Scout 80. The off-road, "8-day-a-week": International Scout vehicles, were produced from 1961 to 1980. In September 2021, ...
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Volkswagen
Volkswagen (VW; )English: , . is a German automotive industry, automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by German Labour Front, The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst. The company is well known for the Volkswagen Beetle, Beetle and serves as the flagship marque of the Volkswagen Group, which became the world's largest automotive manufacturer by global sales in 2016 and 2017. The group's largest market is automotive industry in China, China (including Hong Kong and Macau), which accounts for 40% of its sales and profits. The name derives from the German words and , meaning . History 1932–1944: People's Car project Volkswagen was established in 1937 by the German Labour Front () as part of the Strength Through Joy () program in Berlin. In the early 1930s, cars were a luxury—most Germans could afford nothing more elaborate than a mo ...
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Škoda Auto
Škoda Auto Akciová společnost, a.s. (), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became State ownership, state owned in 1948. After the Velvet Revolution, it was gradually Privatization, privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000. Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche. History The Škoda Works was founded by Czech engineer Emil von Škoda in 1859 in Plzeň, then in the Kingdom of Bohemia in the Austrian Empire, and was originally a ...
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SEAT
A seat is a place to sit. The term may encompass additional features, such as back, armrest, head restraint but may also refer to concentrations of power in a wider sense (i.e " seat (legal entity)"). See disambiguation. Types of seat The following are examples of different kinds of seat: * Armchair, a chair equipped with armrests * Airline seat, for passengers in an aircraft * Bar stool, a high stool used in bars and many houses * Bench, a long hard seat * Bicycle seat, a saddle on a bicycle * Car seat, a seat in an automobile * Cathedra, a seat for a bishop located in a cathedral * Chair, a seat with a back * Chaise longue, a soft chair with leg support * Couch, a long soft seat * Ejection seat, rescue seat in an aircraft * Folding seat * Hard seat * Infant car seat, for a small child in a car * Jump seat, auxiliary seat in a vehicle * Pew, a long seat in a church, synagogue, or courtroom * Saddle, a type of seat used on the backs of animals, bicycles, la ...
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Porsche
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see below), is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE, usually shortened to Porsche SE. Porsche's current lineup includes the 718, 911, Panamera, Macan, Cayenne and Taycan. The origins of the company date to the 1930s when German Bohemian automotive engineer Ferdinand Porsche founded Porsche with Adolf Rosenberger, a keystone figure in the creation of German automotive manufacturer and Audi precursor Auto Union, and Austrian businessman Anton Piëch, who was, at the time, also Ferdinand Porsche's son in law. In its early days, it was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle. After World War II, when Ferd ...
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Lamborghini
Automobili Lamborghini S.p.A. ( , ), usually referred to as Lamborghini or colloquially Lambo, is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi. Ferruccio Lamborghini (1916–1993), an Italian Business magnate, manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with Ferrari. The company was noted for using a rear mid-engine, rear-wheel-drive layout, rear mid-engine, rear-wheel drive layout. Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973–1974 stock market crash, 1973 worldwide financial downturn and the 1973 oil crisis, oil crisis. The firm's ownership changed three times after 1973, including a bankruptcy in 1978. American Chrysler, Chrysler Corporation took control of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation ...
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