claim: Both passenger and commercial vehicles are designed by Volkswagen Group.
evidence: Volkswagen AG -LRB- -LSB- ˈfɔlksˌvaːgən -RSB- -RRB- , known internationally as Volkswagen Group , is a German multinational automotive manufacturing company headquartered in Wolfsburg , Lower Saxony , Germany .. Aktiengesellschaft. Volkswagen. Volkswagen. German. Germany. multinational. multinational corporation. automotive. Automotive industry. Wolfsburg. Wolfsburg. Lower Saxony. Lower Saxony. Germany. Germany. It designs , manufactures and distributes passenger and commercial vehicles , motorcycles , engines , and turbomachinery and offers related services including financing , leasing and fleet management .. engines. internal combustion engine. financing. financing. fleet management. fleet management. leasing. leasing. In 2016 , it was the world 's largest automaker , overtaking Toyota , but in 2017 , it is the world 's second largest automaker -LRB- behind Toyota -RRB- .. Toyota. Toyota. It has maintained the largest market share in Europe for over two decades .. It ranked seventh in the 2016 Fortune Global 500 list of the world 's largest companies .. Fortune Global 500. Fortune Global 500. Volkswagen Group sells passenger cars under the Audi , Bentley , Bugatti , Lamborghini , Porsche , SEAT , Skoda and Volkswagen marques ; motorcycles under the Ducati brand ; and commercial vehicles under the marques MAN , Scania , and Volkswagen Commercial Vehicles .. Audi. Audi. Lamborghini. Lamborghini. Ducati. Ducati. Porsche. Porsche. Scania. Scania AB. SEAT. SEAT. Volkswagen. Volkswagen. Volkswagen Commercial Vehicles. Volkswagen Commercial Vehicles. Bentley. Bentley. Bugatti. Bugatti Automobiles. Skoda. Skoda Auto. MAN. MAN SE. It is divided into two primary divisions , the Automotive Division and the Financial Services Division , and has approximately 340 subsidiary companies .. Automotive. Automotive industry. divisions. division ( business ). VW also has two major joint-ventures in China -LRB- FAW-Volkswagen and SAIC Volkswagen -RRB- .. Volkswagen. Volkswagen. FAW-Volkswagen. FAW-Volkswagen. SAIC Volkswagen. SAIC Volkswagen. The company has operations in approximately 150 countries and operates 100 production facilities across 27 countries .. 100 production facilities across 27 countries. list of Volkswagen Group factories. Volkswagen was founded in 1937 to manufacture the car which would become known as the Beetle .. Volkswagen. Volkswagen. Beetle. Volkswagen Beetle. The company 's production grew rapidly in the 1950s and 1960s , and in 1965 it acquired Auto Union , which subsequently produced the first post-war Audi models .. Audi. Audi. Auto Union. Auto Union. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s , including the Passat , Polo and Golf ; the latter became its bestseller .. Volkswagen. Volkswagen. Passat. Volkswagen Passat. Polo. Volkswagen Polo. Golf. Volkswagen Golf. Volkswagen acquired a controlling stake in SEAT in 1986 , making it the first non-German marque of the company , and acquired control of Skoda in 1994 , of Bentley , Lamborghini and Bugatti in 1998 , Scania in 2008 and of Ducati , MAN and Porsche in 2012 .. Lamborghini. Lamborghini. Ducati. Ducati. Porsche. Porsche. Scania. Scania AB. SEAT. SEAT. Volkswagen. Volkswagen. German. Germany. Bentley. Bentley. Bugatti. Bugatti Automobiles. Skoda. Skoda Auto. MAN. MAN SE. The company 's operations in China have grown rapidly in the past decade with the country becoming its largest market .. Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange , where it is a constituent of the Euro Stoxx 50 stock market index , and secondary listings on the Luxembourg Stock Exchange , SIX Swiss Exchange .. Volkswagen. Volkswagen. Frankfurt Stock Exchange. Frankfurt Stock Exchange. Euro Stoxx 50. Euro Stoxx 50. stock market index. stock market index. Luxembourg Stock Exchange. Luxembourg Stock Exchange. SIX Swiss Exchange. SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988 , currently on the OTC Marketplace .. OTC Marketplace. OTC Markets Group. Volkswagen delisted from the London Stock Exchange in 2013 .. Volkswagen. Volkswagen. London Stock Exchange. London Stock Exchange. The state of Lower Saxony holds 12.7 % of the company 's shares , granting it 20 % of the voting rights .. Lower Saxony. Lower Saxony. Volkswagen held a 19.9 % non-controlling shareholding in Suzuki between 2009 and 2015 .. Volkswagen. Volkswagen. Suzuki. Suzuki. An international arbitration court ordered Volkswagen to sell the stake back to Suzuki .. Volkswagen. Volkswagen. Suzuki. Suzuki. Suzuki paid $ 3.8 bn to complete the stock buy-back just hours prior to a major scandal about emissions violations engulfing Volkswagen .. Volkswagen. Volkswagen. Suzuki. Suzuki. major scandal about emissions violations. Volkswagen emissions violations