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The Wolfsburg Volkswagen Plant is the worldwide headquarters of the Volkswagen Group. [1] Situated in Wolfsburg, Germany, it is one of the largest manufacturing plants in the world, with an area of just under 6.5 million m 2 (70 million sq ft) and a building area of 1.6 million m 2 (17 million sq ft). [2] In 2015 the plant produced 815,000 cars.
By that time it was reported that Volkswagen had invested approximately 850 million Deutsche Mark, equivalent to €598 million in 2021, in the project. [2] Autostadt is located next to Volkswagen's main factory which is also an attraction. Every Volkswagen model is available giving the opportunity for the public to choose what they want.
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. This complex becomes known as ‘Plant No. 2’. 1960: Engine assembly plant opens.
Volkswagen workers have begun mass strikes across Germany as the company threatens to cut pay and close factories to combat a slack European car market.. The strikes come amid a spate of warnings ...
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 .
In Zwickau, Volkswagen plowed more than $1.3 billion over the past five years into turning its combustion-engine factory into the company’s first pure-EV production facility—a top-to-bottom ...
Part of the Volkswagen factory in Wolfsburg, Germany, its largest worldwide. Rooted in Europe, the Volkswagen Group operates in 153 countries. [92] Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda.
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.