Ferdinand K. Piëch (Chairman of the supervisory board)
Martin Winterkorn (CEO and Chairman of the board of management)
Automobiles, commercial vehicles, engines
Volkswagen Group (sometimes abbreviated to VW Group)is a German multinational automobile manufacturing group. As of 2010, Volkswagen was ranked as the world’s third largest motor vehicle manufacturer and Europe's largest. The Group's parent companyVolkswagen Aktiengesellschaft, usually abbreviated to Volkswagen AG, develops vehicles and components for all marques of the whole group, and also manufactures complete vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles marques. Volkswagen Group is divided into two primary divisions: the Automotive Division, and the Financial Services Division. The Group consists of 342 Group companies, which are involved in either vehicle production or other related automotive services. Volkswagen was founded on 28 May 1937.Production of the Type 1 Volkswagen Beetle started slowly after the war due to the need to rebuild the plant and because of the lack of raw materials, but production grew rapidly in the 1950s and 1960s. The company began introducing new models based on the Beetle, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969.