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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 .
Volkswagen AG (German: [ˈfɔlksˌvaːɡn̩] ⓘ), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery.
From 2024: VW Volksbus VW Constellation VW Delivery: Manual transaxles including MQ200, MQ250, & MQ281 Components: 1996: 1,341: Formerly known as Transax, a Ford subsidiary. Part of Autolatina venture between Ford and VW from 1987-1996. VW kept this plant when Autolatina dissolved. Part of Volkswagen Argentina S.A.
On 6 February 2024, the UAW announced that over 50% of the 4,100 hourly workers at the plant have signed union membership cards. [37] The VW union drive is happening shortly after UAW's successful strikes in 2023 at the "Big Three" automobile manufacturers Ford, General Motors and Stellantis. [38] On 19 April, the plant's workers voted to unionize.
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.
Volkswagen was established in 1937 by the German Labour Front (German: Deutsche Arbeitsfront) as part of the Strength Through Joy (German: Kraft durch Freude) program in Berlin. [4] In the early 1930s, cars were a luxury—most Germans could afford nothing more elaborate than a motorcycle, and only one German out of 50 owned a car.
Volkswagen ID. concept cars. The Volkswagen ID. series is a family of battery electric cars from Volkswagen (VW) using its MEB platform that is developed by the Volkswagen Group for a range of vehicles. Deliveries began in late 2020. By November 2022, half a million vehicles had been delivered. [1]
The Volkswagen ID.3 is a battery electric small family car produced by Volkswagen since 2019. It is the first production car to utilize the MEB platform , [ 11 ] and the first model of the ID. series . [ 12 ]