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Volkswagen is an automobile company based in Wolfsburg, Lower Saxony, Germany that was founded by Trade Union Germany (Deutsche Arbeitsfront) in 1937. Volkswagen is the original brand of the Volkswagen Team which also owns numerous other motor vehicle brands like Audi, Bentley Motors, Bugatti Vehicles, Automobili Lamborghini, SEAT, Škoda along with a industrial vehicle maker Scania. The yr of 2009, the Supervisory Board of Volkswagen AG endorses the institution of the integrated Automotive Group with Porsche beneath the auspices of Volkswagen.
Volkswagen is a firm mentioned on the public. The company’s ownership structure is extremely advanced. The desk down below will present the share of possession of Volkswagen. It should be famous that Porsche Car Holding and Porsche GmbH is not really synonymous with Dr. Ing. h.c. file. Porsche AG, the car manufacturer Porsche. Porsche Vehicle Holding is owned from the spouse and children of Porsche, Qatar, Keemiratan and forty nine.nine% owned by Volkswagen AG. Porsche GmbH sold to Volkswagen AG.
Volkswagen contains a plant in lots of international locations on this planet, both equally factory output or Assembly to the neighborhood industry. The Volkswagen-owned factories unfold across Germany, Slovakia, China, India, Indonesia, Russia, Brazil, Argentina, Portugal, Spain, Poland, Mexico, Bosnia and Herzegovina, and South Africa. Volkswagen also has a fresh manufacturing facility in The us. The yr 2011, VW is recorded while in the list of the 25 largest companies on the planet by Forbes World-wide 2000
Volkswagen has usually had near ties While using the athletics automobile company Porsche, headquartered in Zuffenhausen was Started by Ferdinand Porsche calendar year 1931. Ferdinand Porsche himself was the First designer and founder of the organization Volkswagen. The first Porsche automobile, the Porsche sixty four 1938, utilized many factors with the Volkswagen Beetle. Porsche 356 1948 working with plenty of VW factors, including the engine, gearbox and suspension.