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Volkswagen also started producing derivatives of its SUV models with a rear sloping roof marketed as coupé SUV which had gained popularity in China, the largest single market for the brand. [134] [135] In 2019, every fourth vehicle delivered by the Volkswagen brand today is an SUV, with its top contributor being the Tiguan.
The plant became the production site for the automobile demanded by Adolf Hitler for broad sections of the population. The basis for this "people's car", the "Volkswagen" or simply VW, was the contract concluded on 22 June 1934, between the Reich Association of the Automotive Industry and Ferdinand Porsche's Stuttgart design office.
Since the start of trading in 1961, Volkswagen AG shares have been subjected to two stock splits – the first was on 17 March 1969 when they were split at a ratio of 2:1, from a DM 100 share to a DM 50 share. The second split occurred on 6 July 1998, the DM 50 share being converted into a share of no overall nominal value, at a ratio of 1:10.
Ferdinand Porsche, a member of both the Nazi Party and the SS, as managing director of the Volkswagen factory in Wolfsburg, near Fallersleben, was responsible for extermination through labour in his companies. There were several fenced-in and guarded factories, and satellite concentration camps for forced laborers, who had to toil under ...
The Volkswagen Beetle, officially the Volkswagen Type 1, [a] is a small family car produced by the German company Volkswagen from 1938 to 2003. [ b ] One of the most iconic cars in automotive history, the Beetle is noted for its distinctive shape.
The Volkswagen Type 82 Kübelwagen (listen ⓘ), or simply Kübel, [2] contractions of the original German word Kübelsitzwagen (translated: 'bucket-seat car' — but when the contractions are translated literally a back-formation of 'bucket' or 'tub'-car results), [3] is a military light utility vehicle designed by Ferdinand Porsche and built by Volkswagen during World War II for use by the ...
Manufacturing employment fell by 35% in the space of 10 years at the start of this century, having already experienced a significant decline between the 1970s and 2000.
The Volkswagen was sold to German workers on an installment plan, where buyers of the car made payments and posted stamps in a stamp-savings book, which, when full, would be redeemed for the car. Due to the shift of wartime production, no private citizen ever received a KdF-Wagen , although after the war, Volkswagen did give some customers a ...