Volkswagen AG

Volkswagen AG is a German multinational automotive manufacturer headquartered in Wolfsburg, Germany. It is one of the world's leading automobile producers, known for its wide range of vehicles and brands, including Volkswagen, Audi, Porsche, and Lamborghini. The company has faced significant challenges in recent years, including the fallout from the emissions scandal that began in 2015, leading to a renewed focus on sustainability and compliance with stricter environmental regulations. Recently, Volkswagen AG has been in the news due to projected losses of €1.5 billion ($1.6 billion) this year, attributed to the tightening of EU emissions standards that the company is striving to meet.