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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 ...
The construction work was carried out by prisoners who were forced to work in the satellite camp of the Mauthausen concentration camp in Passau until the last days of the war., [148] [149] (the text refers to the German Wikipedia: de:Stausee Oberilzmühle) Opel (a subsidiary of Stellantis) Opel Logo 2021: 1862 Rüsselsheim am Main, Hesse, Germany
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, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
Aerial view of the Wolfsburg Volkswagen Plant. The Wolfsburg Volkswagen Plant is the worldwide headquarters of the Volkswagen Group. [1] Situated in Wolfsburg, Germany, it is one of the largest manufacturing plants in the world, with an area of just under 6.5 million m 2 (70 million sq ft) and a building area of 1.6 million m 2 (17 million sq ft). [2]
Once the war had begun, the foreign subsidiaries were seized and nationalized by the Nazi-controlled German state, and work conditions deteriorated, as they did throughout German industry. About 12 million forced labourers, most of whom were Eastern Europeans , were employed in the German war economy inside Nazi Germany during the war. [ 13 ]
At the 1933 Berlin Motor Show, German Chancellor Adolf Hitler announced two new programs: [7] The people's car ( Volks wagen ): a project that became the KdF car – the "Strength through Joy" car A state-sponsored motor racing programme: to develop a "high speed German automotive industry," the foundation of which would be an annual sum of ...
Herbert Werner Quandt (22 June 1910 – 2 June 1982) was a German industrialist and member of the Nazi Party [1] credited with having saved BMW when it was at the point of bankruptcy [2] and made a huge profit in doing so.
A large trade deficit seemed almost inevitable. But Hitler found this prospect unacceptable. Germany began to move away from partially free trade in the direction of economic self-sufficiency. [94] Hitler was aware of the fact that Germany lacked reserves of raw materials, and full autarky was therefore impossible. Thus he chose a different ...