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Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany.Established in 1937 by The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
Ferdinand Porsche [a] (3 September 1875 – 30 January 1951) was an Austrian-Bohemian-German automotive engineer and founder of the Porsche AG.He is best known for creating the first gasoline–electric hybrid vehicle (Lohner–Porsche), the Volkswagen Beetle, the Auto Union racing cars, the Mercedes-Benz SS/SSK, and several other important developments and Porsche automobiles.
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 ...
Ferdinand Karl Piëch (German pronunciation: [ˈfɛʁdinant ˈpiːɛç] ⓘ; 17 April 1937 – 25 August 2019) [3] was an Austrian business magnate, engineer, and executive who held the positions of chairman of the executive board (Vorstandsvorsitzender) of the Volkswagen Group from 1993 to 2002, and chairman of the supervisory board (Aufsichtsratsvorsitzender) from 2002 to 2015.
Heinz Heinrich Nordhoff (6 January 1899 – 12 April 1968) was a German engineer who led the rebuilding of Volkswagen (VW) after World War II.He was featured on the cover of Time magazine on Feb. 15, 1954.
Martin Winterkorn (born 24 May 1947) is a German former business executive who served as chairman of the board of management (CEO, Vorstandsvorsitzender in German) of Volkswagen AG, the parent company of the Volkswagen Group, as well as chairman of the supervisory board of Audi, and chairman of the board of management of Porsche Automobil Holding SE. [1]
Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may think. The cash injection plugs a hole in Rivian’s spending ...
Also in 2008, Merckle made a speculative investment based on his belief that Volkswagen shares would fall; however, in October 2008, Porsche SE's support of Volkswagen led to a short squeeze that sent shares on the Xetra stock exchange from €210.85 to over €1,000 in less than two days. It is believed that he lost as much as €500 million.