Volkswagen
Volkswagen is a German automobile manufacturer located in Wolfsburg, Lower Saxony. It was founded in 1937 by the German Labour Front and is best known for its iconic Beetle. It is the flagship brand of the Volkswagen Group, which is the largest vehicle manufacturer in the world by global sales in 2016 and 2017. China is the group's largest market, accounting for 40% of sales and profits. Volkswagen translates to "people's automobile" from the German phrase Volk, which translates to "people's car."
Since their inception, they have made modern technology, great quality, and an appealing look available to a wide range of individuals, as seen by best-sellers like Beetle and Golf. For the majority of the twentieth century, the Volkswagen Beetle was the best-selling automobile in the world. The Volkswagen Group's subsidiary, Bugatti, sells one of the world's fastest automobiles, the Bugatti Veyron Super Sport, which has a peak speed of roughly 430 km/h. Although Volkswagen made several minor adjustments to the Beetle, the basic rear-engine design and rounded appearance remained unchanged. Other rear-engine cars with more modern style and superior engineering were created by the firm, but none were as popular as the Beetle.
Volkswagen temporarily claimed the title of world's largest automobile manufacturer by volume in mid-2015, after surpassing Toyota Motor Corporation. However, Volkswagen soon faced a public relations issue when the United States Environmental Protection Agency (EPA) revealed that the manufacturer's diesel-powered vehicles had software that changed the vehicle's performance to pass emissions testing. Volkswagen acknowledged allegations, and the company recalled more than 10 million vehicles globally. In the United States, the company faced more than $4 billion in fines, and numerous Volkswagen executives were eventually found guilty of different offenses. Despite the crisis, Volkswagen's global sales increased. Volkswagen terminated the manufacture of the Beetle, which had gone through several redesigns over the previous eight decades, in 2019.
Website: https://www.vw.com/en.html
