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Volkswagen AG (German: [ˈfɔlksˌvaːgŋ̍] ⓘ), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly-traded family ...
Volkswagen is the founding and namesake member of the Volkswagen Group, a large international corporation in charge of multiple car and truck brands, including Audi, SEAT, Porsche, Lamborghini, Bentley, Bugatti, Scania, MAN, and Škoda. Volkswagen Group's global headquarters are located in Volkswagen's historic home of Wolfsburg, Germany. [85] [86]
VW Group's 62nd plant, the Volkswagen Group of America plant is located on a 1,350 acres (550 ha) site and was inaugurated in May 2011, anticipating an annual capacity of 150,000 cars. 35°04′38″N 85°08′12″W / 35.077283°N 85.136576°W / 35.077283; -85.136576 ( Volkswagen Cha
Volkswagen Group of America, Inc. (sometimes referred to as Volkswagen of America, abbreviated to VWoA), [1] is the North American operational headquarters, and subsidiary of the Volkswagen Group of automobile companies of Germany. VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive ...
Porsche SE was created in June 2007 by renaming the old Dr. Ing. h.c. F. Porsche AG, and became a holding company for the families' stake in Porsche Zwischenholding GmbH (50.1%) (which in turn held 100% of the old Porsche AG) and currently is the major shareholder in Volkswagen AG (31.3%) and holds the majority voting rights (53.1%).
Volkswagen Act. The Volkswagen Act is a set of German (originally West German) federal laws enacted in 1960, regulating the privatization of Volkswagenwerk GmbH into the Volkswagen Group. [1] In order to maintain government control in the privately owned company, it stipulated that the votes in major shareholder meeting resolutions require 4 ...
In 2007, Volkswagen Group introduced a more flexible "modular component system" architecture on which to base future platforms. Four such component systems were planned: [ 5 ] However, models developed from these modular component systems may also be identified by PL/PQ platform designations.
www.porsche-se.com /en /. The Porsche family (also known as Porsche–Piëch family[1]) is a prominent Austrian-German family of industrialists descending from the Austrian-Bohemian-German automotive pioneer Ferdinand Porsche. Its members control Porsche SE and have a majority voting right over Volkswagen AG, the largest automaker in the world.