As the largest automaker by worldwide sales, Volkswagen is a German automobile company started by the German Labour Front as the “people’s car.” The German Labour Front created Volkswagen to design a car that would be affordable, unlike more luxury German vehicles. The company’s core markets are China and Germany. Volkswagen is the founding member of Volkswagen Group which controls many car and truck brands including Audi, SEAT, Lamborghini, Bentley, Bugatti, Scania, MAN, and Skoda.
Looking for leads, investment insights, or competitive intelligence?
News about Volkswagen
Volkswagen has been hit with huge penalties in the U.S. for the emissions scandal, but not in Europe. Are the German automaker’s senior executives likely to face any prison time?
"The methods used by EUGT in the United States were wrong, they were unethical and repulsive," he said.
It emerged from secrecy with a potent pedigree and powerful partnerships.
VW was helped by strong gains in China, Europe and South America.
As it looks to make inroads with new technology at a time of rapid upheaval for transportation.