Company type | Division |
---|---|
Industry | Automotive |
Founded | 28 May 1937 |
Founder | German Labour Front |
Headquarters | , Germany |
Area served | Worldwide |
Key people | Thomas Schäfer (CEO, Volkswagen Passenger Cars) |
Revenue | 322,284,000,000 Euro (2023) |
22,576,000,000 Euro (2023) | |
17,928,000,000 Euro (2023) | |
Parent | Volkswagen Group |
Website | volkswagen.com |
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] (listen))[Note 1] is a car company from Germany. The word volkswagen means "People's car" in German. Its headquarters are in Wolfsburg, Lower Saxony. It was started in the 1930s, at the request of the country's leader, Adolf Hitler, to produce a car designed by Ferdinand Porsche. 1935
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