Volkswagen AG, known internationally as the Volkswagen Group, is a German automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by the Porsche and Piëch family, who owns Audi, Bentley, Bugatti, Lamborghini, Porsche, and Volkswagen car brands. It designs, manufactures and distributes both passenger and commercial vehicles, motorcycles, and engines. They also offer related services including financing, leasing and fleet management. In 2016, they were the world’s largest automaker by sales, overtaking Toyota and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. They have maintained the largest market share in Europe for over two decades. Volkswagen ranked seventh in the 2018 Fortune Global 500 list of the world’s largest companies.