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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 is the founding and namesake member of the Volkswagen Group, a large international corporation in charge of multiple car and truck brands, including Audi, SEAT, Porsche, Lamborghini, Bentley, Bugatti, Scania, MAN, and Škoda. Volkswagen Group's global headquarters are located in Volkswagen's historic home of Wolfsburg, Germany. [84] [85]
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 .
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The Volkswagen Chattanooga Assembly Plant was inaugurated on May 24, 2011, and initially built the US-spec Volkswagen Passat and in 2017 started production of the Volkswagen Atlas. [ 11 ] With effective from 12 December 2024, Kjell Gruner is the new Chief Executive Officer of VWoA, taking the helm from Pablo Di Si who has stepped down from the ...
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1954: Volkswagen assembly commenced by Martin and King Pty Ltd, Clayton. [43] 1957: Factory purchased by newly formed Volkswagen (Australasia) Pty Ltd, which is 51% owned by Volkswagen Germany. [44] 1959: An adjoining property is purchased to be the new VW administration headquarters, central parts warehouse and engine assembly shop.
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