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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]
William Patrick Stuart-Houston (born William Patrick Hitler; 12 March 1911 – 14 July 1987) was a British-American entrepreneur and the half-nephew of Adolf Hitler.Born and raised in the Toxteth area of Liverpool to Adolf's half-brother Alois Hitler Jr. and his Irish wife Bridget Dowling, he later relocated to Germany to work for his half-uncle before returning back to London and later ...
The Volkswagen Beetle, officially the Volkswagen Type 1, [a] is a small family car produced by the German company Volkswagen from 1938 to 2003. [ b ] One of the most iconic cars in automotive history, the Beetle is noted for its distinctive shape.
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.
It also owned about 10% of car company Daimler-Benz and about 30% of BMW. The conglomerate was then divided between his two surviving sons: Herbert and Harald Quandt, who was Herbert's half brother. [10] BMW was an ailing company and in 1959 its management suggested selling the whole concern to Daimler-Benz.