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Volkswagen AG (German: [ˈfɔlksˌvaːgŋ̍] ⓘ), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly-traded family ...
In 2008, Volkswagen became the third-largest car maker in the world, [90] and, as of 2016, Volkswagen was the second largest manufacturer worldwide. [91] In 2018 the company benefited from trade tariffs and new emission standards, with a record deliveries of 10.8 million vehicles. [ 92 ]
The new merged company was incorporated on 1 January 1969 and was known as Audi NSU Auto Union AG, with its headquarters at NSU's Neckarsulm plant, and saw the emergence of Audi as a separate brand for the first time since the pre-war era. Volkswagen introduced the Audi brand to the United States for the 1970 model year.
2016 Mercedes-Benz E-Class. 2015 Opel Astra. 2019 Porsche Taycan. 2017 Volkswagen Golf Mk7 Variant. Brand. Parent Company. Audi (1909-present) Volkswagen Group. BMW (1916-present)
Volkswagen announced plans last spring to start a new company under the Scout brand with a new focus on electric vehicles, according to reporting by the U.S. News and World Report. Scout Motors ...
Now separated into two companies: FAW-Volkswagen Automotive Company Ltd. and Volkswagen FAW Platform Company Ltd., which makes axles & chassis components & is 60% owned by VW and 40% owned by FAW Car. There are 2 vehicle assembly plants.
The company has been highly successful in recent times, and indeed claims to have the highest profit per unit sold of any car company in the world. [52] Table of profits (in millions of euros) and number of cars produced. Figures from 2008/9 onwards were not reported as part of Porsche SE. [53] On 11 May 2017, Porsche built the one-millionth 911.
The Volkswagen Group includes VW, Audi, SEAT, Skoda and luxury brands. [3] [c] The General Motors group includes GM Korea, formerly Daewoo, since 2005, [7] [8] Saab until 2009 [9] (sold to Spyker in January 2010), [10] SAIC-GM-Wuling until 2014, [11] [12] and Opel and Vauxhall until 2016 (sold to Groupe PSA in 2017 and subsequently owned by ...