Volkswagen Group Net Worth
Volkswagen is a German company founded in 1937 which means “the car of the people” in German, was founded by the National Socialist German Party. Volkswagen group net worth continued from the first years until now.
Volkswagen Group brands
Some of the brands owned by Volkswagen are Porsche, Bugatti, Bentley, Audi, Seat, Lamborghini, Skoda, and Scania and Volkswagen net worth continued to increase.
As of 2008, it started to produce trucks and buses in Brazil. The company’s motto is ‘Das Auto’. The main purpose of this slogan is to show that the company is of German origin. Today Volkswagen group net worth is number 2 in the world.
Volkswagen company net worth (vw net worth) changed in the last two years more than %20. Volkswagen net worth 2018 was near $85 Billion. Since then, the environment has become the sales motto of the company.
As a necessity of war in the 1940s, Volkswagen company was producing missiles and ground vehicles for the army. Volkswagen’s slogan at that time was “We produce and apply technology”. Volkswagen has become the world’s first air-cooled engine manufacturer.
The reason for this production is the failure of water-cooled engines on the Russian front. Water-cooled engines were freezing in extreme cold and still functioning. By 1953, Volkswagen was the most automobile producing company in Germany.
Volkswagen Auto Group is a publicly-traded company with the Piëch-Porsche family owning a majority stake in the business.
The Volkswagen project is the biggest breakthrough Adolf Hitler has made to make the German people an automobile owner. The brand’s best-selling model has been Golf. Increasing its investments in environmentalism in 1983, Volkswagen introduced the second-generation Golf models to the system that we call exhaust gas filtering.
In the last year, net worth of Volkswagen continued to increase and the Volkswagen net worth 2019 passed $ 100 Billion.
The German company plans to sell more than 1 M Volkswagen electric cars in 2023.
This means that Volkswagen net worth 2020 will continue to increase.