Volkswagen AG (VW; German pronunciation:[ˈfɔlksˌvaːɡŋ̍]) (listen) is a German car manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Established in 1937, Volkswagen is the top-selling and namesake marque of the Volkswagen Group, the holding company created in 1975 for the growing company, and is now the second-largest automaker in the world.