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1930 s Factory Opened at wolfsburg Germany. 1940 s Production of first volkswagen. Company turned over to German government. 1950 s Vw begin building foreign Plants. Launched Beetel in US. Market. 1960 s Sold stock to German public. Purchased Auto Union (Audi ). 1970 s Iconic Beetel discontinued all over the world.
Cont...
1980 s Begin Car venture in China. Purchased Seat and Auto Latin in Brazil. 1990 s Built China largest auto plant. Acquires Skoda Rolls Royce and Bugatti. 2000 s Spent 3.1 billion $ to modernize Factories. 1.7 billion $ in Asia Pacific Market. Acquired 49.9% Stake of Porche for 5.75 billion $ and 19.9% Stake of Suzuki for 2.5billion $.
Contd .
6. Product ranges are Low consumption small cars, Luxury class vehicles and trucks. 7. Volkswagen AG is represented by 9 Brands i.e. Audi, Bentley, Bugatti, Lamborghini, Porche, Scania, Seat, Skoda, Volkswagen.
Worldwide Brands .
Contd
6. VW, Skoda and Audi having 120 dealership across the country. 7. VW group has plant in Aurangabad and Chakan with annual capacity of 110000 cars. 8. Annual investment of 3800 cr i.e. 580 millions Euros. In Indian market. 9. VW group sold 19000 vehicles in India in 2009.