Volkswagen Group

In 2021, Volkswagen unveiled its 'New Auto' strategy, focusing on the transition to electric vehicles and digitalization. The plan includes significant investments in battery technology, software, and autonomous driving, aiming to transform Volkswagen into a leading provider of sustainable mobility solutions.

In 2017, Volkswagen announced a major initiative to invest in electric vehicles, committing to produce a range of electric models by 2025. This strategic pivot aimed to restore the company's image post-Dieselgate and position Volkswagen as a leader in the growing electric vehicle market.

In September 2015, the U.S. Environmental Protection Agency issued a notice of violation to Volkswagen for installing software in diesel engines to cheat emissions tests. This scandal, known as Dieselgate, led to significant legal and financial repercussions for Volkswagen, damaging its reputation worldwide.

Volkswagen completed its acquisition of Porsche in 2009, after a complex series of negotiations and financial maneuvers. This acquisition integrated Porsche's engineering expertise and brand prestige into Volkswagen's operations, further solidifying its position as a leading global automotive group.

In 1998, Volkswagen acquired the luxury car brands Bentley and Bugatti. This strategic move expanded Volkswagen's portfolio into the high-end luxury market, allowing the company to compete with other luxury automotive manufacturers and diversify its brand offerings.

The Volkswagen Golf was launched in 1974, quickly becoming one of the most successful models in the company's history. Designed to replace the Beetle, the Golf's modern design and engineering set new standards in the compact car segment, contributing significantly to Volkswagen's global success.

In 1960, Volkswagen became a publicly traded company. The German government sold 60% of its shares, marking a significant shift from state ownership to a more market-driven approach. This transition allowed Volkswagen to expand its operations and increase its influence in the global automotive market.

After World War II, the Volkswagen factory was in ruins. The British military took control and began rebuilding the plant. Under the leadership of Major Ivan Hirst, production of the Volkswagen Beetle resumed, marking the beginning of Volkswagen's recovery and growth into a major automotive manufacturer.

Volkswagen was founded on May 28, 1937, in Berlin, Germany, as a state-owned enterprise by the German Labour Front. The company's purpose was to produce a car that was affordable for the average German citizen, which led to the development of the iconic Volkswagen Beetle.