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TRATON SE: 89.7% ownership — Formerly Volkswagen Truck and Bus, TRATON is the holding company for Volkswagen Group's heavy commercial vehicle operations. [99] MAN Truck & Bus SE: 100% ownership — Transferred to TRATON SE after it merged with MAN SE in August 2021.
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.
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 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 ...
The 3rd car plant of FAW-Volkswagen Automotive Company Ltd. FAW-Volkswagen Chengdu Branch. Also includes Volkswagen FAW Platform Company Ltd., which makes axles & chassis components. 30°37′56″N 104°05′11″E / 30.63222°N 104.08639°E / 30.63222; 104.08639 ( FAW-Volkswagen
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.
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