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6 - Volkswagen

Employees work on a Volkswagen e-Golf electric automobile on the assembly line inside the Volkswagen AG (VW) factory in Dresden, Germany, on Monday, April 3, 2017. Diesel cars' popularity in Europe has been waning as Volkswagen's emissions-test manipulation scandal, which emerged in late 2015, compounded concerns that pollutants from the fuel are outweighing the benefits of its lower CO2 emissions. Jasper Juinen—Bloomberg/Getty Images

As the largest automaker by worldwide sales, Volkswagen is a German automobile company started by the German Labour Front as the “people’s car.” The German Labour Front created Volkswagen to design a car that would be affordable, unlike more luxury German vehicles. The company’s core markets are China and Germany. Volkswagen is the founding member of Volkswagen Group which controls many car and truck brands including Audi, SEAT, Lamborghini, Bentley, Bugatti, Scania, MAN, and Skoda.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$240264
Revenue Percent Change1.5%
Profits ($M)$5,937.3
Assets ($M)$432116
Profits Percent Change%
Employees626715
Previous Rank7

Company Facts

Employees626715
SectorMotor Vehicles & Parts
IndustryMotor Vehicles and Parts
CEOMatthias Muller
HQ LocationWolfsburg, Germany
Websitewww.volkswagen.com
Years on Global 500 List23

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