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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]
Volkswagen AG briefly became the world's most valuable company, as the stock price rose to over €1,000 per share as short sellers tried to cover their positions. [122] The substantial investment in Volkswagen left Porsche with huge financial burden with its debts accumulating up to 13 billion euros by 2009. [123]
Volkswagen de México was founded in 1964 and has about 16,400 employees. [6] The first automobile manufactured by the company rolled off the production line in 1967. The VW Puebla plant is the largest employer of the city of Puebla. In the plant, the Volkswagen Beetle was built until 2003. The Puebla plant produces the following models: Jetta ...
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Volkswagen says it has offered partial retirement to employees born in 1967 and to those with disabilities born in 1968. Wolfsburger Allgemeine Zeitung reports that the company also hopes 1,500 ...
Volkswagen’s CFO, Arno Antlitz, told investors in New York that the carmaker was now focused on increasing the number of cars each worker produced as a key measure of productivity, Reuters reported.
Volkswagen's U.S. sales through September this year were up 5.5 percent to 266,228 vehicles, but it is still struggling to shift gears away from slow-selling cars to SUVs.