Rank: 14 (Previous rank: 18)
CEO: Martin Winterkorn Employees: 369,928 Address: Brieffach 1848-2 Wolfsburg, 38436 Country: Germany Website: www.volkswagenag.com While U.S. car companies floundered, Europe's largest automaker was able to eek out growth of about 1%, delivering 6.3 million vehicles to customers worldwide. Profits rose 23% to almost $7 billion, thanks in part to the strong sales of VW's Audi brand, which delivered more than 1 million cars to the market for a sales increase of 4% from 2007. The new Q5 small sport-utility vehicle and A4 series contributed to Audi's solid performance. The third-largest automaker now looks to increase its market share in the U.S. as American car companies try to stay afloat. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Motor Vehicles and Parts
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