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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 under the Nazi Party , it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst .
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 ...
The German Volkswagen Group is the largest automaker in the world as of 2015. As of 2019, it has 136 production plants, and employs around 670,000 people around the world who produce a daily output of over 26,600 motor vehicles and related major components, for sale in over 150 countries. [1]
Volkswagen has announced plans to close three German car factories, lay off thousands of German workers and cut salaries by 10%.
Volkswagen has said it may need to close plants in Germany for the first time in its 87-year history. In October, it said that employee pay would need to be cut by 10% to make it more cost ...
Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Volkswagen Beetle (Type 1) (1938–2003) Volkswagen Brasília (1973–1982) Volkswagen Country Buggy (1967–1969) Volkswagen Gacel (1983–1991) Volkswagen Hebmüller Cabriolet (1949–1953) Volkswagen Karmann Ghia (1955–1974, also sold as Type 34 Karmann Ghia, 1500 Karmann Ghia Coupe) Volkswagen Kommandeurswagen (1941–1944) staff car for ...
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.
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