Volkswagen AG is a German multinational automobile group. The group is one of the world’s largest automakers, manufacturing passenger cars, SUVs, trucks, vans, motorcycles and engines. Volkswagen AG produces passenger vehicles under the brands Audi, Bentley, Bugatti, Lamborghini, Seat, Škoda, Porsche (since 2011), MAN, Scania, Neoplan, Ducati and the actual Volkswagen. It has two main divisions; the financial services division (dealing with financing, leasing and fleet management) and the automotive division (dealing with passenger vehicles, commercial vehicles and the Porsche Holding department).
Volkswagen is the best-selling brand of the group and the largest German automaker. According to the 24/7 Wall St. website, the Volkswagen Golf, Beetle and Passat are among the top 10 list of the top-selling vehicles of all time. Volkswagen is ranked first in spending the most funds of any other automobile manufacturer on research and development (2011). The multinational group owns 48 auto companies in 15 European countries and six countries in the Americas, Asia and Africa and has operations in more than 150 countries worldwide. Volkswagen AG is a component of the DAX index.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.