Company Profile For Volkswagen AG

Volkswagen AG is a Germany-based automobile manufacturer. The Company consists of two divisions: Automotive and Financial Services. The activities of the Automotive Division engages in the development of vehicles and engines, the production and sale of passenger cars, commercial vehicles, trucks and buses, and the genuine parts business. The Financial Services Division’s portfolio of services includes the Company’s dealer and customer financing, leasing, banking and insurance activities and fleet management. The Company brands include Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Skoda, Scania and Volkswagen Commercial Vehicles.

BRIEF: For the nine months ended 30 September 2009, Volkswagen AG's sales revenue decreased 10% to EUR77.16B. Net income for the period decreased 81% to EUR719M. Sales revenue reflects a decrease in demand for the Company's products and services in the Europe, North America, South America and Asia-Pacific geographic segments. Net income for the period suffered from higher distribution expenses and increased loss on financial operations.