Volkswagen:
Volkswagen is a German Brand. Shortened, as VW.
Founder:
Its founder was German Labour Front
Parent Organization:
Its Parent Organization is the Volkswagen Group.
Faculty:
Its CEO is Herbert Diess from 18 April 2018. Its headquarters are in Wolfsburg, Germany.
History:
VW founder was the German Labour Front, it funded in 1937.
The company was originally operated by the German Labour Front (Deutsche Arbeitsfront), a Nazi organization. The Austrian automotive engineer Ferdinand Porsche, who was responsible for the original design of the car, was hired by the German Labour Front in 1934, and the ground was broken for a new factory in the state of Lower Saxony in 1938. The outbreak of World War IIin 1939 occurred before mass production could begin, and the factory was repurposed to produce military equipment and vehicles. Volkswagen\’s military involvement made its factory a target for Allied bombers, and by the end of the war, the factory was in ruins. It was rebuilt under British supervision, and mass production of the Volkswagen began in 1946. Control of the company was transferred in 1949 to the West German government and the state of Lower Saxony. By that time, more than half of the passenger cars produced in the country were Volkswagens.
The company introduced the Transporter van in 1950 and the Karmann Ghia coupe in 1955. Sales abroad were generally strong in most countries of export, but, because of the car’s small size, unusual rounded appearance, and historical connection to Nazi Germany, sales in the United States were initially sluggish. The car began to gain acceptance there as the 1950s progressed, however, and Volkswagen of America was established in 1955. Volkswagen began phasing out its rear-engine cars in the 1970s, replacing them with front-engine front-wheel-drive designs. The first of those new cars was the short-lived K70 in 1970, followed by the Passat in 1973. Most significant, however, was the Golf, initially called the Rabbit in the United States, which was introduced in 1974. The Golf was an instant sales success, effectively replacing the Beetle in the company’s lineup and ultimately becoming Volkswagen’s best-selling model worldwide.
