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The Volkswagen Act is a set of German (originally West German) federal laws enacted in 1960, regulating the privatization of Volkswagenwerk GmbH into the Volkswagen Group. [1] In order to maintain government control in the privately owned company, it stipulated that the votes in major shareholder meeting resolutions require 4/5th (80% ...
The company began introducing new models based on the Type 1, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969.
The joint venture is made up of equity from SAIC Motor (50%), Volkswagen AG (40%), Volkswagen (China) Invest (10%), with a fixed-term venture for 45 years up until 2030. [2] It is the first of three joint ventures operated by Volkswagen in China, alongside FAW-Volkswagen with FAW Group and Volkswagen Anhui with JAC Group .
Performance-wise, the two trucks can go from 0-60 mph in only 3.5 seconds, with the four-wheel drive system (most likely dual motor) outputting 1,000 lb. ft of torque.
On September 6, 2007, Volkswagen of America announced it would relocate its North American headquarters to Herndon, Virginia. [20] [21] Volkswagen sales are particularly strong in the Mid-Atlantic region, as well as both coasts. The company indicated that it is important for them to locate in a region where their customer base is strongest.
the early generations were retroactively named, the T1 is the oldest "platform", based on the original Type 1 Volkswagen Beetle. Note that some designations in common use are ambiguous; i.e. in some cases the same platform designation is used for different models that do not share a common platform.
Former CEO, Volkswagen AG Matthias Müller (born 9 June 1953) is a German businessman who served as the chief executive officer (CEO) of Volkswagen AG from 25 September 2015 to 12 April 2018. He had been the CEO of its subsidiary, Porsche , since 2010 and has been a Member of the executive board of Porsche Automobil Holding SE since 2010.
The Audi 200 remained in production until summer 1999 (facelift of the Audi 100) with 2.6 and 2.4 litre V6 engines and the 4-cylinder, 1.8 litre turbo power unit. The content manufactured locally at the Changchun plant was 60 percent.