Volkswagen – the history of creation and development
Volkswagen Actiengesellshaft – is the parent company of Volkswagen headquarters in Wolfsburg.
Currently, 51% of the shares are owned by Porsche SE. Martin Winterkorn is president of two companies at once, but negotiations on a merger have been ongoing since 2009.
Volkswagen owns 25% of the European car market, which undoubtedly leads the company into the lead. The concern includes about 342 companies associated with the production of cars.
Volkswagen acquires Bentley in 1998. But since 2002, the production of Rolls-Royce cars has been suspended due to the sale of Bentley to BMW. In early 2003, BMW restores production of exclusive cars.
To create, develop and produce environmentally friendly cars, the Company merges with the Japanese automobile company Suzuki. This alliance did not last two years. The companies had technical disagreements and the association broke up.
Audi has been owned by Volkswagen since 1964, after repurchasing from Daimler-Benz.
In 1998, the acquisition of Lamborghini and Bugatti. In 2009 and 2011, the company acquires Scania and Man. These companies were engaged in the production of tractors, trucks, and diesel engines..
Porsche was purchased in 2012 after much debate and negotiation. The transaction value is approximately 4.5 billion euros.
Also in 2012, Volkswagen executives acquired Ducati Motor, an Italian premium motorcycle company..
To control finances, the company creates a separate division of Volkswagen Finanz. This unit received the status of a banking and financial structure and access to financing of possibly profitable projects..
48 automobile enterprises are located in 21 countries of Europe and America. In total, about 380 thousand people work at enterprises. 26,000 cars leave the conveyors daily. In 2007 Volkswagen launches a plant in Russia. It is located in the area of the city of Kaluga. Initially, SKODA and Volkswagen cars came off its assembly line after Audi. Experts estimate the cost of the project at 1 billion euros, but in fact, the construction of the plant and the launch of the conveyor cost 1.80 billion euros.
In 2012, Volkswagen began production of its cars at the GAZ plant. Completely in this factory production of SKODA Yeti is established. At present, it is planned to manufacture other models of the company..
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