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davidtrump

Volkswagen cars : Definition

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Volkswagen, shortened to VW, is a German automaker founded in 1937 by the German Labour Front, a Nazi labour union, and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group, the largest automaker by worldwide sales in 2016 and 2017. The group's biggest market is in China, which delivers 40% of its sales and profits.

Volkswagen translates to "people's car" in German. The company's current international advertising slogan is just "Volkswagen", referencing the name's meaning.

Volkswagen is the founding and namesake member of the Volkswagen Group, a large international corporation in charge of multiple car and truck brands, including Audi, SEAT, Porsche, Lamborghini, Bentley, Bugatti, Scania, MAN, and Škoda. Volkswagen Group's global headquarters are located in Volkswagen's historic home of Wolfsburg, Germany.

Volkswagen Group, as a unit, is Europe's largest automaker. For a long time, Volkswagen has had a market share over 20 percent.

In 2010, Volkswagen posted record sales of 6.29 million vehicles, with its global market share at 11.4%. In 2008, Volkswagen became the third largest automaker in the world, and, as of 2016, Volkswagen was the second largest manufacturer worldwide. With strong headwinds reported in 2018, predominantly from trade tariffs and new emission standards, Volkswagen Group have limped to the 2018 finish line and astonishingly ended the year with record deliveries of 10.8m vehicles. Volkswagen Group's core markets include Germany and China.

In July 2019, Volkswagen invested $2.6 billion in Argo AI, a startup focused on developing self-driving vehicles.

wikipedia.org

Volkswagen cars 00.jpg

Volkswagen cars 0.jpg

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