Volkswagen Car Showrooms in Assam
Volkswagen Car Showrooms in Assam |
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About Volkswagen
Volkswagen shortened to VW is a German automaker founded on 28 May 1937 by the German Labour Front under Adolf Hitler and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group, the largest automaker by worldwide sales in 2016. The group's main market is in China, which delivers 40% of its sales and profits.
Volkswagen literally in German means "folk's wagon" (so in basic terms "people's car"), and the company's current international advertising slogan is just "Volkswagen", a reference of the name's meaning.
Volkswagen has factories in many parts of the world, manufacturing or assembling vehicles for local markets. In addition to plants in Germany, Volkswagen has manufacturing or assembly facilities in Mexico, the United States, Slovakia, China, India, Indonesia, Russia, Malaysia, Brazil, Argentina, Portugal, Spain, Poland, the Czech Republic, Bosnia and Herzegovina, Kenya and South Africa. In 2011, Volkswagen was named in the top 25 largest companies in the world by the Forbes Global 2000.
Volkswagen is setting up a new factory in West Java, Indonesia, which started construction in mid-2013. The investment into the new plant, which will produce large transporters and multivans, is valued at $140 million.
As of May 2014, Volkswagen is planning to start assembling certain engines in India to increase localisation from 70% to 90%.
In January 2016, Volkswagen announced launching a new factory in Algeria during a summit between Angela Merkel and Algerian prime minister Abdelmalek Sellal. Factory was launched during 2017 in Relizane, producing Volkswagen Golf VII, Volkswagen Polo, Volkswagen Caddy, Seat Ibiza and Skoda Octavia cars.
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