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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]
These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969. In 1960, upon the flotation of part of the German federal government 's stake in the company on the German stock market, its name became Volkswagenwerk ...
Volkswagen says it needs to take drastic action to cut costs, including a 20% pay reduction and the closure of factories in Germany for the first time in its history.
VW Global Works Council members in 1999 [4]: 22 Country Number of members By marque Germany 11 8 Volkswagen, 2 Audi, 1 VW Sachsen Spain 3 2 SEAT, 1 VW Navarra Belgium 1 1 VW Brussels Czechia 1 1 Škoda: Slovakia 1 1 VW Škoda: Poland 1 1 VW Poznan United Kingdom 1 1 Rolls-Royce/Bentley: Portugal 1 1 AutoEuropa: European total: 20: Mexico 1 1 VW ...
The German auto giant agreed last year to reduce its costs by €10 billion as fears mounted over a slowdown in EV uptake and new competition from cheap ... Volkswagen’s highest pay scale group. ...
In the 1980s, Volkswagen's sales in the United States and Canada fell dramatically, despite the success of models like the Golf elsewhere. Sales in the United States were 293,595 in 1980, but by 1984 they were down to 177,709. [36] The introduction of the second-generation Golf, GTI and Jetta models helped Volkswagen briefly in North America.
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Volkswagen Group Rus (Russian: Фольксваген Груп Рус) was a subsidiary of Volkswagen AG, which grew from an investment agreement signed on 29 May 2006. [1] Its main factory was in Kaluga , approximately 170 kilometres (110 mi) southwest of Moscow .