Volkswagen full details history

Volkswagen (abbreviated VW) is a German car manufacturer, one of the companies producing the world's largest car owned by Volkswagen. Its main markets are Europe, the famous brand under the label include Audi, Bentley, Skoda, Lamborghini, Bugatti, SEAT, Porsche and Volkswagen.

2nd largest market of Volkswagen's Chinese joint venture is the 2nd largest Volkswagen Group China.

Its shares are quoted on the German stock market and Tokyo.

Adolf Hitler had fun though car collectors do not like to drive them [citation needed]. In 1933, shortly after becoming the leader of Germany, Hitler had asked Ferdinand Porsche to change the style of the car in 1931 to better fit with the working men [citation needed]. Hans Ledwinka discussed his ideas with Ferdinand Porsche, who use a lot of the design characteristics of vehicles KdF-Wagen car Tatra in 1938, on the back of the car is known as the VW Kafer Volkswagen Beetle or. On June 22, 1934, Ferdinand Porsche agreed to manufacture "Volkswagen" (people's car) for Hitler.

The new improvements include loss less fuel, easier to use, more reliable and economic efficiency in the repair and disassemble the car.

VW founded in 1937, the German government is the property until it is sold to the Volkswagen Beetle. After World War II, British troops took control of the factory which was bombed and restarted Beetle production line.

In 1948, the British government returned to the German company, then it is managed by Heinrich Nordhoff.

1960, along with the sale of the government's ownership share in corporate Germany, the company changed its name to Volkswagen Aktiengesellschaft. The name was changed to Volkswagen AG on July 4, 1985, to reflect the global diversity which is based foundation and the Volkswagen factory in Wolfsburg Main, Germany. The Group also has an English name is the Volkswagen Group. The Group is the maker of the world's fourth car. In 2005, the company accounted for 9.1% of global market share with 5.2 million vehicles sold.

October 2005, Porsche bought 18.53% owned corporations and to July 2006 increased by 25%. Press said that this action is to prevent firms being annexed by the foreign investor. By the end of 2006, Porsche continues to improve in corporate ownership to 28% and many commentators said that this investment is consistent with the strategy of Porsche.