Volkswagen, abbreviated as VW, is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-World War II by the British Army Officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is in China, which delivers 40 percent of its sales and profits. Its name is derived from the German-language terms Volk and Wagen, translating to "people's car" when combined.
Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies.
Robert Bosch GmbH, commonly known as Bosch and stylized as BOSCH, is a German multinational engineering and technology company headquartered in Gerlingen, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch’s business.
The Treuhandanstalt, colloquially referred to as Treuhand, was an agency established by the government of the German Democratic Republic to reprivatise/privatise East German enterprises, Volkseigene Betriebe (VEBs), prior to German reunification. Created by the Volkskammer on 17 June 1990, it oversaw the restructure and sale of about 8,500 state-owned companies with over four million employees. At that time, it was the world's largest industrial enterprise, controlling everything from steel works to the Babelsberg Studios.
ADAC, officially the Allgemeiner Deutscher Automobil-Club, is Europe's largest motoring association. ADAC is the largest club (Verein) in Germany with around 21 million members. It would be more aptly described today as an individual mobility association since it looks more broadly at all transport options ensuring individual mobility. Its headquarters is located in Munich. The club has a yield of 911 million Euro in 2014; the ADAC holding ADAC Beteiligungs- und Wirtschaftsdienst GmbH of 1004 million Euro in 2014.
The Robert Bosch Stiftung GmbH is a German foundation that owns a majority shareholding in Robert Bosch GmbH, from which it derives its funding. The foundation was established in accordance with the wishes of Robert Bosch, who died in 1942, and conducts and finances social, cultural and scientific projects.
Carl Horst Hahn was a German businessman and head of the Volkswagen Group from 1982 to 1993. He served as the chairman of the board of management of the parent company, Volkswagen AG. During his tenure, the group's car production increased from two million units in 1982 to 3.5 million a decade later.
Toni Schmücker was the fourth chief executive officer of the Volkswagen automobile company, following the handover of the company in 1948 to German control from the British, who had administered the VW factory in Wolfsburg, Germany after the Second World War ended.
The Friedrich Ebert Foundation is a German political party foundation associated with, but independent from, the Social Democratic Party of Germany (SPD). Established in 1925 as the political legacy of Friedrich Ebert, Germany's first democratically elected President, it is the largest and oldest of the German party-associated foundations. It is headquartered in Bonn and Berlin, and has offices and projects in over 100 countries. It is Germany's oldest organisation to promote democracy, political education, and promote students of outstanding intellectual abilities and personality.
Klaus Johann Jacobs was a German-born billionaire in the coffee and chocolate industry, with Swiss citizenship.
The Bertelsmann Stiftung is an independent foundation under private law, based in Gütersloh, Germany. It was founded in 1977 by Reinhard Mohn as the result of social, corporate and fiscal considerations. As the Bertelsmann Stiftung itself has put it, the foundation promotes "reform processes" and "the principles of entrepreneurial activity" to build a "future-oriented society."
Porsche Automobil Holding SE, usually shortened to Porsche SE, is a German multinational corporation primarily known as a holding company of Volkswagen Group with investments in the automotive industry. Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is majority owned by the Austrian-German Porsche-Piëch family. The company was founded in Stuttgart as Dr. Ing. h.c. F. Porsche GmbH in 1931 by Ferdinand Porsche (1875–1951) and his son-in-law Anton Piëch (1894–1952).
The Volkswagen Act is a set of German federal laws enacted in 1960, regulating the privatization of Volkswagenwerk GmbH into the Volkswagen Group. In order to maintain government control in the privately owned company, it stipulated that the votes in major shareholder meeting resolutions require 4/5th (80%) agreement. This part of the law was deemed to violate the "free movement of capital" principle of European Union corporate law. After a series of challenges from 2007 to 2013, the German parliament finally amended the part in 2013 to EU Court of Justice satisfaction.
AutoMuseum Volkswagen is an automobile museum in Wolfsburg, Lower Saxony, Germany. Opened in April 1985, it is one of two museums in Wolfsburg devoted to the history of the Volkswagen brand; the other is at nearby Autostadt.
Anton Piëch was an Austrian-German lawyer and the son-in-law of Ferdinand Porsche. He headed Volkswagenwerk GmbH between 1941 and 1945, which produced the Volkswagen vehicles (KdF-Wagen) at the factory in Wolfsburg, Germany.
Traton SE, known as the Traton Group, is a subsidiary of the Volkswagen Group and one of the world's largest commercial vehicle manufacturers, with its MAN, Scania, Navistar, and Volkswagen Caminhões e Ônibus brands. The company also has digital services branded as RIO. In 2020, the group sold around 190,200 vehicles. The range of products includes light-, medium-, and heavy-duty trucks, as well as vans and buses. As of December 31, 2020, Traton employed around 82,600 people in its commercial vehicle brands.
Peter Keetman was a German photographer.
The Volkswagen Zwickau-Mosel Plant is an automobile factory, which was founded on 26 September 1990 in today's Zwickau district of Mosel and together with the Chemnitz plant and the Transparent Factory belongs to Volkswagen Sachsen based in Zwickau. Currently, the Zwickau plant has about 8,000 employees. Signalling a milestone the last combustion vehicle was produced on 26 June 2020.
Workers of the German auto manufacturer Volkswagen Group are collectively organized and represented across a variety of worker organizations including trade unions and Works Councils across the globe. Workers are organized on multiple levels; locally, regionally, nationally, internationally and by marque.
Henry B. Hansmann is an American scholar of law and economics; he is the Oscar M. Ruebhausen Professor Emeritus of Law at Yale Law School.
