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VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
The German automotive concern, Volkswagen Group has, since the 1970s, developed a series of shared automobile platforms for their motor vehicles. [1] [2]Originally, these were identified using a simple alphanumeric system.
Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries. Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the ...
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In 1974, VW bought all remaining shares of VW of South Africa, making it a wholly-owned subsidiary, Volkswagen of South Africa (Pty.) Ltd. Primarily supplies countries which use right-hand drive 33°47′10″S 25°24′59″E / 33.786023°S 25.416441°E / -33.786023; 25.416441 ( Volkswagen Uitenhage
[27] [28] Mobilize Financial Services launched Mobilize Insurance, a subsidiary offering "usage-based" insurance plans, and a payment card to finance new mobility offers. [ 29 ] [ 30 ] At the end of 2022, the group launched the long-term rental company Mobilize Lease&Co, [ 31 ] [ 32 ] [ 33 ] which made its first two acquisitions in Germany in ...