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On August 3, 1933, Adolf Hitler received Sosthenes Behn (then the CEO of ITT) and his German representative, Henry Mann, in one of his first meetings with US businessmen. [16] [17] [18] [need quotation to verify] In his book Wall Street and the Rise of Hitler, Antony C. Sutton claims that ITT subsidiaries made cash payments to SS-leader ...
Politically, the company leaders were linked to the rising Nazi Party; an aircraft was made available to Adolf Hitler for his campaign for the 1932 presidential election free of any charge. The Nazi party used footage of those flights for their propaganda efforts and gained an advantage in being able to hold events featuring Hitler in different ...
Motor Trend named the GTI its Car of the Year for 1985, and Volkswagen rose in the J.D. Power buyer satisfaction ratings to eighth place in 1985, up from 22nd a year earlier. [37] VW's American sales broke 200,000 in 1985 and 1986 before resuming the downward trend from earlier in the decade.
[18] [19] [20] The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. [21] This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. [22]
Under him and his successor as president of Volkswagen of America, J. Stuart Perkins, VW's U.S. sales grew to 569,696 cars in 1970, an all-time peak, when Volkswagen captured 7 percent of the U.S. car market and had over a thousand American dealerships. The Volkswagen Beetle was the company's best seller in the United States by a wide margin.
ALBANY, N.Y. (AP) -- The New York man whose story of finding Adolf Hitler's top hat at the end of World War II was told in a 2003 documentary film has died. Richard Marowitz was 88. His son, Larry ...
A Texas auto magnate has been indicted on charges that he paid a purported former Israeli soldier and two ex-Marines $750,000 to kidnap and kill a former Feds say Texas car dealer hired hitmen to ...
They set out to have manufacturers pay a 5% royalty on all cars produced. [1] By 1900, The Electric Vehicle Company launched several lawsuits against automobile manufacturers. Their ultimate target among the fray was Alexander Winton, and his Winton Motor Carriage Company. Originally formed in 1896, the Winton Company was by 1900 the highest ...