Business Chief US+CAN Magazine December 2018 | Page 79

VOLKSWAGEN GROUP ( EXCLUDING LAMBORGHINI )

One of the world ’ s leading manufacturers , Volkswagen Group has grabbed 3.7 % share of the North American market . The majority of its plants remain situated across Europe , with a further 11 located in the US , Asia and Africa . With a group sales revenue of over $ 265bn , the business has launched its ‘ Strategy 2025 ’ program , encompassing sustainable mobility and autonomous . Recognized as one of the largest investors in research and development in Europe , the company has spent more than $ 59bn on battery cells as it pushes to electrify all 300 models in its range by 2030 . www . volkswagenag . com
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