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From 2002 up to 2007, the Volkswagen Group's automotive division was restructured so that two major Brand Groups with different profile would be formed, [32] the Audi Brand Group focused on more sporty values – consisted of Audi, SEAT and Lamborghini – and the Volkswagen Brand Group on the field of classic values – consisted of Volkswagen ...
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. [84] [85]
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.
Volkswagen shares rose 2.4% on Thursday following the second quarter results, as the German carmaker said it was confident output would increase in the second half. But higher pricing and ...
Volkswagen announced plans last spring to start a new company under the Scout brand with a new focus on electric vehicles, according to reporting by the U.S. News and World Report. Scout Motors ...
Martin Winterkorn (born 24 May 1947) is a German former business executive who served as chairman of the board of management (CEO, Vorstandsvorsitzender in German) of Volkswagen AG, the parent company of the Volkswagen Group, as well as chairman of the supervisory board of Audi, and chairman of the board of management of Porsche Automobil Holding SE. [1]
Traton forms the Commercial Vehicles Business Area of the Volkswagen Group, which owns a 89.7% majority shareholding. The Commercial Vehicles Business Area formerly included the Volkswagen Commercial Vehicles brand, but following changes in the management structure of the Volkswagen Group, the Volkswagen Commercial Vehicles brand was reallocated to the Passenger Cars Business Area from 1 ...
Began construction in 2011. The 4th car plant of FAW-Volkswagen Automotive Company Ltd. FAW-Volkswagen Foshan Branch. Also includes Volkswagen FAW Platform Company Ltd., which makes axles & chassis components. Győr [1] [4] [19] 1: Europe, Hungary: Győr, Győr-Moson-Sopron: Audi TT (8S) Coupé Audi TT (8S) Roadster Audi TTS (8S) C & R Audi TT ...