Volkswagen
Volkswagen is one of the largest manufacturing companies in Germany. Founded in 1937, the company has grown to become a global leader in automotive production, with a diverse portfolio of brands that includes Audi, Porsche, Bentley, and Lamborghini. Headquartered in Wolfsburg, Germany, Volkswagen is known for its iconic Beetle model, which became one of the best-selling cars in history.
Over the years, Volkswagen has continued to innovate and expand its offerings, with a focus on electric and hybrid vehicles. In recent years, the company has invested heavily in research and development to create cutting-edge technologies that reduce emissions and improve performance. In 2020, Volkswagen launched its first fully electric SUV, the ID.4, and announced plans to invest over $40 billion in electric vehicles over the next decade.
Despite its success, Volkswagen has faced its share of challenges. In 2015, the company was embroiled in a scandal over its diesel engines, which were found to cheat emissions tests. The scandal resulted in billions of dollars in fines and damages and damaged the company's reputation. However, Volkswagen has since taken steps to address the issue and has pledged to become a carbon-neutral company by 2050.
Founded: 1937
Headquarters: Wolfsburg, Germany
Website: https://www.volkswagenag.com