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The Volkswagen Group comprises the following vehicle manufacturers and their corresponding brands: [note 1] Here are the brands operated under the Volkswagen Group: [94] Audi AG: 100% ownership [5] — The current company was formed through the acquisitions of Auto Union from Daimler-Benz on 30 December 1964, and NSU Motorenwerke on 9 March ...
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 ...
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 ...
A new plant is being built for Audi FAW NEV Company Ltd., which will build Audi EV's on the PPE platform & is majority (60%) owned by Audi and by VW China. Production is due to begin in 2024. 43°50′34″N 125°11′48″E / 43.84278°N 125.19667°E / 43.84278; 125.19667 ( FAW-Volkswagen Changchun
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.
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. - Volkswagen will reduce VW AG's staff in Germany by more than 35,000 ...
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]