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As of May 2018, the VW Group has committed $48 billion in car battery supplies [83] and plans to outfit 16 factories to build electric cars by the end of 2022. [84] According to VW Group CEO Dr. Herbert Diess , the company will offer 25 electric models and 20 plug-in hybrids by 2020.
Chart showing the price movement and volume during the 2008 short squeeze of Volkswagen shares. In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals.
The DAX has two versions, called performance index and price index, depending on whether dividends are counted. The performance index, which measures total return, is the more commonly quoted, however the price index is more similar to commonly quoted indexes in other countries.
The German automotive concern, Volkswagen Group has, since the 1970s, developed a series of shared automobile platforms for their motor vehicles. [1] [2]Originally, these were identified using a simple alphanumeric system.
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 .
The old plant built the VW Polo from 1990-1991 in a joint venture between VW & VEB called Volkswagen IFA-PKW GmbH. VW also built a new plant in Zwickau-Mosel which launched production with the Golf on February 15, 1991. Now home to the Audi AG-owned August Horch Museum.
The Volkswagen Group MQB platform is the company's strategy for shared modular design construction of its transverse, front-engine, front-wheel-drive layout (optional front-engine, four-wheel-drive layout) automobiles.
Fahrvergnügen (German pronunciation: [ˈfaːɐ̯fɛɐ̯ˌɡnyːɡn̩]) (listen ⓘ) was an advertising slogan used by Volkswagen in a 1990 U.S. ad campaign that included a stick figure driving a Volkswagen car. [7]