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Karl Benz's 1885 Patent Motorwagen (replica). It is considered the world's first I.C.E.-driven car to be series-produced. Opel Olympia (1935–1937). Motor-car pioneers Karl Benz (who later went on to start Mercedes-Benz) and Nicolaus Otto developed four-stroke internal combustion engines in the late 1870s; Benz fitted his design to a coach in 1887, which led to the modern-day motor car.
The purchase of Auto Union and NSU was a pivotal point in Volkswagen's history, as both companies yielded the technological expertise that proved necessary for VW to survive when demand for its air-cooled models went into decline. 1970 VW Squareback (Type III) Volkswagen added a "Super Beetle" [33] (the Type 131) to its lineup in 1971.
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 December 1946, Das Auto reported the company had resumed the manufacture of bicycles and motor-bicycles at Neckarsulm. [7] For Germany, this was a time of new beginnings, and in July 1946, a new board was appointed, headed by General Director Walter Egon Niegtsch, who earlier in his career had spent 17 years with Opel.
In March 2017, the PSA Group agreed to buy Opel, its English twin sister brand Vauxhall and their European auto lending business from General Motors for US$ 2.2 billion. [ 42 ] [ 43 ] In return, General Motors will pay PSA US$3.2 billion for future European pension obligations and keep managing US$9.8 billion worth of plans for existing retirees.
The global auto sector remains focused on managing production and inventory levels in response to regional demand patterns, which include slower growth in key markets, in some cases related to ...
Auto Union AG was an amalgamation of four German automobile manufacturers, founded in 1932 and established in 1936 in Chemnitz, Saxony.