Volkswagen Dividend 2024

Volkswagen AG is a German automobile manufacturer with a global presence and is considered one of the most important in the world. It owns several brands such as Porsche, Audi, Bugatti, Lamborghini, Bentley Motors Limited, Ducati, Škoda, SEAT, as well as the truck manufacturers Scania and MAN.

It was founded in 1937 by Ferdinand Porsche with the support of the German Labor Front, marketing its first vehicle, the Beetle, getting its name from the German translation "people's car", starting mass production from 1945, achieving acceptance in both Europe and America from 1950 and discontinued in 1996, while the company continued with the production of other products such as sedan, changing its model to vehicles with traction, placing the four-cylinder engine at the front and water-cooled in 1969.

Since then it has complied with a strategy of buying shares in various companies in the sector, which has made it an important group, with control of many recognized brands, however, many others have resisted as in the case of Suzuki in 2015 which required an international arbitration in which Volkswagen had to return the shares it had acquired from that company.

The group has 45 factories located in 21 countries, with headquarters in Germany and assembly centers in Argentina, Brazil, Mexico, Peru, the United States, Belgium, the United Kingdom, Italy, Spain, Portugal, France, Slovakia, Hungary, India, Malaysia, Poland, Israel, the Czech Republic, Russia, China and South Africa, with customers in 153 countries through its various offices and subsidiaries.