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About Volkswagen Group
Headquarters: Wolfsburg, Germany
Stock price: VOW3 (ETR) €123.30 -1.16 (-0.93%) Oct 11, 17:40 GMT+2 – Disclaimer
Revenue: 250.2 billion EUR (2021)
Founder: German Labour Front
Founded: May 28, 1937, Berlin, Germany
Total assets: 528.6 billion EUR (2021)
Subsidiaries: Volkswagen, Audi, Škoda Auto, Porsche, SEAT, MORE
Parent organization: Porsche SE
Volkswagen Group
Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Wikipedia
Brand portfolio
The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche, and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services.
Volkswagen
Volkswagen is a German automobile. It was born out of Adolf Hitler’s initiative and set out to be a car that had enough performance. enough usability And cheap as a motorcycle (in those days) as well by the car designer is Ferdinand Porsche, the originator of the Porsche car brand mean “Prachayon”. The current motto is Das Auto, which means automobile.
Volkswagen is the German automaker and the biggest brand sold in the Volkswagen Group, which currently owns several brands including Audi, Bentley, Bugatti, and Lamborghini, Seat owns 49.9 percent of Porsche, Skoda, and Scania Trucks. The Volkswagen Beetle, most commonly known as the “turtle car” (its model name is the Beetle, pronounced Beatles), has been around since the earliest versions. It is designed similarly to a scarab and remains unique to this day.
Old History Story
The story of the Volkswagen Group is a long history. It was a journey for the brand that had to face many obstacles, from the drama behind the creation of the first car during the war from tragedy to involvement in politics and government Both are about power, money, and political stigma until the blood battle.
This history happened when Ferdinand Porsche, the father of Germany’s major sports car brand, featured the fiery horse of Stuttgart at the 1937 motor show. The idea is to produce a variety of projects. For the benefit of the German people already so the project ‘People’s car’ or ‘Volkswagen’ takes shape Porsche is also tasked with developing key military vehicle systems. But the story gets even more complicated when key information is discovered that argues that the ‘People’s Car project actually had its beginnings even earlier.
In 1923, while the Fiat was being tested on the rooftop of the Lingotto factory in Italy. In Germany, Jewish student Josef Ganz is designing a structure for a small car under the project name ‘Volkswagen’ or ‘People’s Car’. Exactly the government said the car would have to sit for two adults in the front and two children in the back, complicating things when it wasn’t possible to make serious decisions. Who exactly invented the form of this car?
But what is certain is The engine of the prototype that Porsche built accordingly Government directives are air-cooled engines. The type of smoking he is good at He developed it until it was able to produce a car for the people that was as affordable as a motorcycle. made it widely popular When the car was available for sale, in 1938 a factory was built in Wolfburg. To continue to produce this model out to support those who ordered cars up to 336,000 units, the factory accelerated the production line fully.
But sadly, Germany was at war. Therefore, the finished car cannot be sent to the customer. When this situation turned around, the following year, the German military ordered the factory to convert production to automobiles for the military. Porsche thus holds the title of both the design and production of civilian vehicles and engineers for the military.
More than 15,000 slaves and prisoners of war from the neighborhood were conscripted to factory work during World War II from 1939 to 1945 in the constant fire of war. This made this plant a target of sight. and was bombed But the damage that was done did not make up the end. British soldiers took control of the factory. After that, England ordered 20,000 cars, of which only 1,000 could be completed before the war was over.
Later, in 1946, the war was over, from the former form of a political party trade union. The company was officially renamed Volkswagen. become an independent company Does not directly depend on political parties and can continue to operate its own business two years later The British Army offered to other countries who are partners to help support and take care of this company’s business The proposed countries are the United States, France, or even the United Kingdom. Neither of them wanted to carry this burden. In the meantime, Porsche set out to build a parallel family-owned Porsche.
It is not surprising that we see that the engine From Porsche is an engine that uses the same format as the Beatles’ engine. The pump is horizontal and air cooled. Make the network of people’s car or the Beatles expand. As time passed by the time of the war separating East and West Germany, this little ladybug continued to be produced until one million units were produced. Since the inception of the project in 1995.
This booming venture allowed Volkswagen to expand even further. Starting from the purchase of Auto Union, the owner of the brand Audi (Audi) in his embrace. In 1964, it bought NSU Motorenwerke, also known as Prinz, and brought the two companies together to rebuild the Audi brand and upgrade it to a luxury car brand. The development of the group expanded rapidly, which led to the development of many different engine variations for Volkswagen vehicles.
With the choice of water-cooled engines in 1973, Volkswagen has a number of models that hit the market and stand out to this day, such as the Golf, Polo, Passat and Scirocco. During this time, the Volkswagen Group stopped expanding, but by 1982 the Volkswagen Group. Still not willing to sign a co-production agreement with Seat (Seat), a car company from Spain 9 years later, it uses this method with a car from the Czech state like Skoda (Skoda) to make market share. of the Volkswagen Group is surging. It also took over Bentley (Bentley) from England, Bugati (Bugati) from France and Lambroghini (Lamborg) from Italy in 1988.
A legend from Germany that started as a dictator. make a story The complex has a long history. The People’s Car Path has become a conglomerate with a complex history that covers almost every aspect of the automobile industry. source from hommes
10 Questions about Volkswagen as follows:
1. Is Volkswagen German or Chinese?
Volkswagen Group, also called Volkswagen AG, a major German automobile manufacturer, was founded by the German government in 1937 to mass-produce a low-priced “people’s car.” The headquarters are in Wolfsburg, Germany.
2. Is Volkswagen a good car brand?
German car brands are generally known for their quality and longevity and the Volkswagen is no exception to this. Out of all VW models, the Volkswagen Golf is said to be one of the most reliable and a great all-round car for drivers who are looking for comfort, convenience and long term reliability.
3. Is Volkswagen luxury brand?
While Volkswagen is not generally considered a luxury brand, they do make models that enter realms of near-luxury outfitting. This is particularly true on many of their vehicles’ upper trim levels.
4. Is Volkswagen expensive to repair?
According to RepairPal, Volkswagen maintenance costs are about $676 per year on average, which is only a few dollars higher than the industry average. However, Volkswagen’s 2021 models show improved maintenance costs according to a recent Vincentric study.
5. Who makes Volkswagen engine?
Volkswagen’s ubiquitous 1.8 T engine, wholly developed by Audi, also known as the 1.8 20vT, has seen many improvements over the years and is used in many Volkswagen vehicles.
6. Is Volkswagen better than Mazda?
J.D. Power ranks Mazda 14th in reliability. With 13 more problems per 100 vehicles, Volkswagen is ranked 19th. From surveys of all its subscribers, Consumer Reports’ December 2018 Auto Issue reports that Mazda vehicles are more reliable than Volkswagen vehicles. Consumer Reports ranks Mazda third in reliability.
7. Are Volkswagen engines reliable?
When they first came out, the Volkswagen engine was placed in military vehicles, making them strong, sturdy, and durable. Nowadays, the 888 1.8L is one of the most reliable engines. It’s said that, with proper maintenance, the Volkswagen can last more than 100,000 miles.
8. Do Volkswagens break down a lot?
The Volkswagen Reliability Rating is 3.5 out of 5.0, which ranks it 12th out of 32 for all car brands. This rating is based on an average across 345 unique models. The average annual repair cost for a Volkswagen is $676, which means it has above average ownership costs.
9. Is Volkswagen a safe car?
Volkswagen is known for making sturdy, economical vehicles with solid safety ratings. A recent study by US News placed Volkswagen in the top tier of safest car brands, with a rating of 9.5/10.
10. Is Volkswagen a good brand?
German car brands are generally known for their quality and longevity and the Volkswagen is no exception to this. Out of all VW models, the Volkswagen Golf is said to be one of the most reliable and a great all-around car for drivers who are looking for comfort, convenience and long term reliability. Source from google search.
