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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 ...
Audi's parent company Volkswagen announced on 18 June 2018 that Audi chief executive Rupert Stadler had been arrested. [ 48 ] In November 2015, the U.S. Environmental Protection Agency implicated the 3-liter diesel engine versions of the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L and the Q5 as further models that had emissions regulation defeat ...
The former company owned the historic Audi brand, which had disappeared after the Second World War. VW ultimately merged Auto Union and NSU to create the modern Audi company, and would go on to develop it as its luxury vehicle marque. The purchase of Auto Union and NSU was a pivotal point in Volkswagen's history, as both companies yielded the ...
Problems with the apex seals of the engine rotor significantly damaged the brand's reputation amongst consumers. In 1969, the company was taken over by Volkswagenwerk AG, which merged NSU with Auto Union, the owners of the Audi brand which Volkswagen had acquired five years earlier. The new company was called Audi NSU Auto Union AG and ...
Gottfried Schultz GmbH, based in Ratingen, is the largest [2] dealer for the automotive brands owned by Volkswagen Group. The company employs approximately 1,900 people in 26 plants. [3] It distributes and services cars of the marques Volkswagen, Volkswagen Commercial Vehicles, Audi, SEAT, Škoda, Bentley, Porsche and Bugatti. [1]
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
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.
VW acquired the Scout trademark and name following the global conglomerate’s $3.7 billion acquisition in 2021 of Navistar, a successor of Scout’s original owner, International Harvester. More ...