Search results
Results from the WOW.Com Content Network
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% ...
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.
Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement ...
Audi 50, Volkswagen Polo, SEAT Ibiza, SEAT Córdoba, Škoda Fabia: As of 2014, in its sixth generation. A series [2] small family cars / compact cars: Audi A3, Audi Q3, Audi TT, VW Golf, VW Jetta, VW Eos, VW Tiguan, VW Touran, VW Scirocco, SEAT León, SEAT Toledo, SEAT Altea, Škoda Octavia: The most prolific platform, six generations. B series [2]
Renamed Volkswagen Argentina S.A. Part of Autolatina venture with Ford beginning in 1987. This led to VW closing the ex-Chrysler plants (San Justo first in 1987, then Monte Chingolo) and moving into the Ford complex in Pacheco. Clayton: Australia (continent), Australia: Melbourne, Victoria: VW Beetle VW Type 2 VW Type 3 VW Country Buggy VW ...
On March 3, 2023, Scout Motors announced plans to build a $2 billion factory capable of producing 200,000 EVs a year in Blythewood, South Carolina. [13] The factory will employ up to 4,000 people [14] and it will manufacture the Scout Motor's first two vehicles: a mid-size off-road focused SUV and a pickup truck that are scheduled to be launched in late 2027.
Porsche SE was created in June 2007 by renaming the old Dr. Ing. h.c. F. Porsche AG, and became a holding company for the families' stake in Porsche Zwischenholding GmbH (50.1%) (which in turn held 100% of the old Porsche AG) and currently is the major shareholder in Volkswagen AG (31.3%) and holds the majority voting rights (53.1%).
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.