Volkswagen is a German automobile mark belonging to the group Volkswagen AG. The current president of the mark is called Wolfgang Bernhard (July 2005). He replaces Peter Hartz, which gave its resignation. Volkswagen wants to literally say in German “ the car of the people ”.
Since the summer 2006, Volkswagen AG is controlled by its first shareholder Porsche joining again thus with the history since it is the research department of Ferdinand Porsche which had drawn the first models.
Erwin Komenda, the chief engineer of Porsche developed the body of the prototype which became that of the Ladybird such as one knows it today.
The new factory in the new town of KdF-Stadt, called today Wolfsburg of the name of the castle on the grounds of which it was built, built to place the factory workers, had only produced one handle of vehicles when the Second world war began in 1939. The first versions thus were of the military vehicles, the Kübelwagen, equivalent of the American Jeep, the amphibious Schwimmwagen and the kommanderwagen which uses the body of the kdf. In 1936 Hitler re-elects the company Volkswagen, the " convey peuple".
The future of the company was dubious: offered to the large British, American and French manufacturers, all refused to take it again. After a visit of the production site, Sir William Rootes, with the head of the British group Rootes made the forecast which the project would not last two years moreover, and which this car was “rather pushing back for the average purchaser, too ugly and too noisy”. He added: “if you want to build cars in this place, you are an imbecile, young man”. The representatives of Ford remained quite as critical: this car was not worth anything according to them. In France, Citroen started the production of the 2CV with a similar design, in Italy appeared FIAT 500.
As from 1948, Volkswagen became one of the figureheads of the “German Economic miracle”. Heinrich Nordhoff (1899-1968), an former executive of the company Opel is recruited to direct the company in 1948. In 1949, Hirst leaves the company which is reformed in the shape of a conglomerate controlled by the government of West Germany. Separately the introduction of “Type 2” (light van, the “combi”) and vehicle of sport Karmann Ghia, Nordhoff continued the policy of the single model until its death in 1968. The production of “Type 1” (famous “the ladybird”) increased considerably, reaching the million specimens produced in 1954.
During the Years 1960 and at the beginning of the Years 1970, in spite of the obsolescence growing of the model, exports towards America, of innovating publicities and its reputation made it possible the “Cox” to beat the record of production hitherto held by the Ford T. In 1973,16 million specimens were produced.
Volkswagen started to vary its range in 1967 with the introduction of several models known as “Type 3”, primarily of the variations of body based on the mechanics of “Type 1”, then in 1969 with the popular not very “Standard 4” (Volkswagen 411 and 412), monocorps, with an automatic transmission and fuel injection engines.
Production of the Ladybirds, the factory of Wolfsburg passed to that of the Golf since 1974, sold in the United States under the name VW Rabbit in the years 1970 and 1980. The Golf dissociated Ladybird by many aspects, as well aesthetically as by its mechanics (its angular line was drawn by Italian Giorgetto Giugiaro). It fitted in the line of small town the such Mini (1959) and the Renault 5 (1972). The Golf had a transverse engine with liquid cooling located at before which involved the nose gear wheels. It also had a forage ladder, a format which dominates the market since. The production of the Ladybirds continued since in more modest factories, in Germany until 1978, then with the Brésil or the Mexico where the last Ladybird was assembled the July 30th 2003 with Puebla.
Five generations of the Golf followed one another since. First summer 1974 at the end of 1983 was produced. Its frame was also used to design the half-compartment Scirocco and the truck Jetta. The production of the second generation of Golf and its version with Jetta trunk began at the end of 1983 and continued until the end of the year 1991. In 1991, the mark launched the third generation of Golf which becomes the European car of the year in 1992. The version the preceding ones had failed to conquer this title, being made precede by the Citroen CX in 1975 and by FIAT Uno in 1984. For this third generation, the version truck was famous Vento. The fourth version of the Golf was born at the end of 1997, its as a basis frame being used for many other models of the group Volkswagen (Volkswagen Bora, Volkswagen New Beetle, Seat Toledo, Seat Leon I, Audi A3, Audi TT, Skoda Octavia). This model failed the contest of the car of the year in Europe behind the Alfa Romeo 156 and the Audi A6. The present generation of Golf (the fifth) was launched at the end of 2003 and has finishes second with the contest of the car of the year behind FIAT Panda.
Volkswagen also has a range of smaller vehicles, represented by the Polo launched in 1976 (also sold under the name of Audi 50). A version truck of the Sports shirt, the Volkswagen Derby was also marketed. Since, there were 4 incarnations of the Sports shirt: Phase 1 (1976-1981), Phase 2 (1981-1994, with a restylage in 1990), Phase 3 (1994-2002, restylée in 1999) and current Phase 4 impetus at the beginning of 2002.
For these models it is necessary to add the half-compartments Scirocco and Corrado as well as the large truck Passat. In 1998, Volkswagen launched the New Beetle, a modern vehicle with the lines evoking the Ladybird which was not the success of its elder. In 2002, the firm launched out on new markets like the trucks of prestige with the Phaeton and the 4x4 of leisures with the Touareg.
In November 2006, Martin Winterkorn becomes the new owner of the mark. Ferdinand Piëch, grandson of Ferdinand Porsche, took again the hand “while placing its foal”
The company whose head office is located at Wolfsburg realized in 2006, a turnover of 104,8 billion euros. Its clear benefit for this same year is of 2,75 billion euros. The group is held to a total value of 31% by the group Porsche and to 20,1% by the Land of Lower Saxony. Porsche seeks since the summer 2007 has to carry its participation in the group in 50% of the capital. Volkswagen has a market cap of 42,7 billion euros.
November 16th, 2007, Volkswagen, then first European car manufacturer, announces that the company will invest, the three following years, 28,9 billion euros in new models and factories, to carry out the growth necessary. The sum of 13,8 billion euros will be invested in the production of new models and the modernization of existing models, whereas 7,1 billion goes to the factories.
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