Volkswagen an insight look of a multinational company
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Volkswagen Annual Report 2012

Volkswagen Annual Report 2012 | Volkswagen an insight look of a multinational company | Scoop.it

http://www.volkswagenag.com/content/vwcorp/info_center/en/publications/2013/03/Y_2012_e.bin.html/binarystorageitem/file/GB+2012_e.pdf

 

This link leads to VW's annual report.

On pages 42 to 45 a comment on the 60 year anniversary for VW in Brazil.

The article informs about VW current position in Brazil, its factories and how it impacts the local situation.

JBeck's insight:

While VW benefits from Brazil's resources and raw materials needed for the manufacturing process, in return VW boosts economic growth, provides jobs, and raises the value of net exports. Furthermore it creates a multiplier, which according to the size of the volume of sales can have quite a significant local impact.

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Volkswagen Group Volkswagen establishes Group Human Resources Academy

Volkswagen Group Volkswagen establishes Group Human Resources Academy | Volkswagen an insight look of a multinational company | Scoop.it

Even though VW is a big multinational company, it seeks to share and develop skills and specialist knowledge. It therefore has established a human resources academy.

 

JBeck's insight:

This is very beneficial for economies and VW itself as it promotes the exchange of specialist knowledge and experience. This improves the value of human capital and results in improved productivity as well as maybe efficiency. This raises a country's aggregate supply and therefore leads to economic growth.

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About the Volkswagen Group

About the Volkswagen Group | Volkswagen an insight look of a multinational company | Scoop.it

The Volkswagen Group is a German multinational manufacturing automotive company headquartered in Wolfsburg Germany. It designs, engineers, manufactures and distributes mainly passenger cars, commercial vehicles and motorcycles. It was the world’s second-largest motor vehicle manufacturer by unit production in 2011 and has maintained the largest market share in Europe for over two decades.

The company has operations in approximately 150 countries and operates 94 production facilities across 24 countries.

Volkswagen was founded in 1937 and the company's production grew rapidly ever since.

Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the DAX index.

JBeck's insight:

VW is one of the biggest car manufactures in the world and certainly the biggest in Europe. Itprovides a lot of employment technology and revenue for all its host countries. As a result VW's host economies should be glad that the business settled down there.

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