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53-477: CMF is aimed at reducing manufacturing costs and competing with similar previous concepts as Volkswagen Group 's MQB . It consists of five groups of interchangeable, compatible modules: engine bay, cockpit, front underbody, rear underbody and electrical/electronic. According to the companies involved in the development, CMF is not a conventional platform but rather a manufacturing system which can be applied to different vehicles. The actual platforms are built combining

106-431: A $ 2.8 billion criminal fine for rigging diesel-powered vehicles to cheat on government emissions tests". The "unprecedented" plea deal formalized a punishment that Volkswagen AG agreed to earlier in 2017. In addition, the plea deal includes a $ 1.5 billion settlement for various environmental, customs and financial violations. Overall, Volkswagen will pay more than $ 30 billion in penalties and lawsuit settlements related to

159-569: A 51% controlling stake in SEAT, making it the first non-German subsidiary of the Volkswagen Group. On 23 December the same year, it became the Spanish company's major shareholder by increasing its share up to 75%. In 1990—after purchasing its entire equity—Volkswagen AG took over the full ownership of SEAT, making the company a wholly owned subsidiary, and on 28 March 1991, another step to the expansion of

212-518: A 90.1% stake in the Italian automotive design house Italdesign Giugiaro . In less than three months, the transaction had been completed making the Italian firm a member of the Volkswagen Group. Since 2013 the Volkswagen Group has held a 89.7% stake in Traton . In 2015 research showed a security flaw in the keyless ignition of Volkswagen and other carmakers' vehicles. Volkswagen spent two years trying to keep

265-512: A completely uneconomic enterprise." In 1948, the Ford Motor Company of USA was offered Volkswagen, but Ernest Breech , a Ford executive vice president, said he did not think either the plant or the car was "worth a damn." Breech later said that he would have considered merging Ford of Germany and Volkswagen, but after the war, ownership of the company was in such dispute that nobody could possibly hope to be able to take it over. As part of

318-564: A corporate "Strategy 2025" that focuses on electrification of its portfolio. The VW Group developed the Volkswagen Group MEB platform chassis that will be utilized in a range of various cars and light utility vehicles across several VW Group marques due to its flexibility and floor-mounted battery. As of May 2018, the VW Group has committed $ 48 billion in car battery supplies and plans to outfit 16 factories to build electric cars by

371-622: A drop in Chinese sales. On 18 September 2015, the US EPA announced that Volkswagen had installed a "defeat device" software code in the diesel models sold in the US from 2009 to 2015. The code was intended to detect when an emissions test was being conducted, and altered emissions controls for better compliance. Off the test stand, the controls were relaxed, and emissions jumped 35 to 40 times regulatory levels according to investigators at West Virginia University and

424-414: A limited set of common modules: a single module can be used for different platforms, covering different classes of vehicles, and so allowing a greater standardisation of components between both Nissan, Renault and Mitsubishi. The Renault–Nissan Alliance announced various variants developed using CMF, which are CMF-C (D for large and mid-sized vehicles; examples are the third-generation Nissan X-Trail and

477-599: A profit warning, saying it had set aside $ 7 billion to fix the fraud. On 23 September 2015, Martin Winterkorn announced his resignation from the CEO position after a crisis meeting of the company board. On 25 September 2015 Matthias Müller was named CEO. Müller was the head of the Porsche marque within the VW corporate umbrella. On 21 April 2017, a U.S. federal judge ordered Volkswagen "to pay

530-687: A technology cooperation and joint development agreement on platform and software. Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi , Bentley , Lamborghini , Porsche , SEAT , and Škoda . Volkswagen AG also has operations in commercial vehicles , owning Volkswagen Commercial Vehicles , along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE . The Volkswagen Group comprises

583-601: Is a larger derivative of the CMF-A platform. The platform is mainly utilized for low-cost B-segment or subcompact vehicles for emerging markets. Vehicles using platform (calendar years): The CMF-B HS (high specifications) platform underpins higher end vehicles in the B-segment / supermini or subcompact segment. The platform replaces the B platform and V platform . Vehicles using platform (calendar years): The CMF-B LS (low specifications) platform underpins budget models in

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636-746: Is divided into two primary divisions : the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen , SAIC Volkswagen and Volkswagen Anhui . The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries. Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture

689-416: Is set to develop and supply vehicles, initially for Renault. Announced on November 8, 2022, Ampere is part of Luca de Meo 's "reinvention" plans, which see the company shift its focus to become what he calls "a next-generation car company". By developing Ampere as its own entity, Groupe Renault says it is creating "the first pure EV and software player born from an OEM disruption". Formerly known as

742-735: The A-segment or city car segment. The first CMF-A car, the Renault Kwid , was launched into the Indian market in September 2015. The platform currently also supports electric powertrain, for the Renault City K-ZE and its rebadged models. Vehicles using platform (calendar years): The CMFA-EV is the name used for the CMF-A platform that is adapted for battery electric vehicle application. Vehicles using platform (calendar years): The CMF-A+ platform

795-714: The Audi Brand Group focused on more sporty values – consisted of Audi, SEAT and Lamborghini – and the Volkswagen Brand Group on the field of classic values – consisted of Volkswagen, Skoda, Bentley and Bugatti  – with each Brand Group's product vehicles and performance being respectively under the higher responsibility of Audi and Volkswagen brands. Volkswagen Group revealed on 24 October 2009 that it had made an offer to acquire long-time partner and German niche automotive manufacturer Wilhelm Karmann GmbH out of bankruptcy protection. In November 2009,

848-731: The B-segment / supermini or subcompact segment. The platform replaces the B0 platform and M0 platform . RMP The RMP platform is presented as a new evolution of the CMF-B LS platform. It is aimed at emerging markets. The first vehicle using it is the Renault Kardian. CMF-B EV ( electric vehicle , also known as CMF-BEV, CMFB-EV or, since November 2023, as AmpR Small) is the CMF-B platform variant that has been adapted for low-cost B-segment battery electric vehicles . It shares approximately 1 ⁄ 2

901-688: The C-segment and above. The platform replaces the C platform and D platform . Vehicles using platform (calendar years): The CMF-EV (or, since November 2023, AmpR Medium) platform underpins battery electric vehicles . It replaces the EV platform used by the Nissan Leaf . In November 2023, Renault subsidiary Ampere renamed this platform to AmpR Medium. Vehicles using platform (calendar years): Volkswagen Group Volkswagen AG ( German: [ˈfɔlksˌvaːɡn̩] ), known internationally as

954-647: The Industrial plans for Germany , large parts of German industry, including Volkswagen, were to be dismantled. Total German car production was set at a maximum of 10% of the 1936 car production numbers. The company survived by producing cars for the British Army, and in 1948 the British Government handed the company back over to the German state, and it was managed by former Opel chief Heinrich Nordhoff . Production of

1007-834: The National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated in the Stadt des KdF-Wagens bei Fallersleben, ( " City of the Strength Through Joy car at Fallersleben ) on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle . This vehicle

1060-730: The OTC Marketplace . Volkswagen delisted from the London Stock Exchange in 2013. The government of Lower Saxony holds 12.7% of the company's shares, granting it, by law, 20% of the voting rights. Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor ) by

1113-639: The Volkswagen Group , is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg , Lower Saxony , Germany, and since the late 2000s is a publicly-traded family business owned by Porsche SE , which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family . The company also offers related services, including financing, leasing, and fleet management. In 2016, it

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1166-574: The Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969. In 1960, upon the flotation of part of the German federal government 's stake in the company on the German stock market, its name became Volkswagenwerk Aktiengesellschaft (usually abbreviated to Volkswagenwerk AG ). On 1 January 1965, Volkswagenwerk acquired Auto Union GmbH from its parent company Daimler-Benz . The new subsidiary went on to produce

1219-560: The California Air Resources Board. About 482,000 vehicles are under the recall order, a potential $ 18 billion ($ 37,500 per violation) in fines are pending, and news accounts speculate a criminal indictment for the deception is certain. The VW Group CEO, Martin Winterkorn , said he was "deeply sorry" and ordered an external investigation. The software code was only revealed when the EPA refused to certify VW's 2016 models for sale in

1272-538: The Type 60 Volkswagen (re-designated Type 1 ) started slowly after the war due to the need to rebuild the plant and because of the lack of raw materials, but production grew rapidly in the 1950s and 1960s. The company began introducing new models based on the Type 1, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955,

1325-552: The US unless the corporation provided full disclosure. On Sunday, 20 September 2015, VW Group announced it was halting the sale of its four-cylinder diesel models in the US. The US EPA press release on its Notice of Violation, and the California Air Resources Board letter dated 18 September 2015 contain significant chronological detail of the agencies interaction with VW on the issue. On 22 September 2015, VW AG admitted that 11 million cars worldwide had been fitted with software intended to deceive emissions testing . The company issued

1378-464: The Volkswagen Group are (as at the financial year ending March 3): Ampere (company) Ampere is an electric vehicle and software company formed in 2023 by Groupe Renault as part of the third phase of its "Renaulution" recovery plan. Renault originally planned to spin off Ampere and proceed with an IPO but canceled these plans in January 2024 but is operated as an autonomous business. Ampere

1431-401: The Volkswagen portfolio in 1998: Bentley , Lamborghini , and Bugatti . On 30 May 2000, after having gradually raised its equity share, Volkswagen AG took over the full ownership of Škoda Auto, making the company a wholly owned subsidiary. From 2002 up to 2007, the Volkswagen Group's automotive division was restructured so that two major Brand Groups with different profile would be formed,

1484-559: The Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb , making the plant a major bombing target for the Allied forces. Slave labour was utilised in the Volkswagen plant, e.g. from Arbeitsdorf concentration camp. The company would admit in 1998 that it used 15,000 slaves during the war effort. German historians estimated that 80% of Volkswagen's wartime workforce

1537-417: The bomb-shattered factory for use in repairing British Army vehicles, pending the expected disposal of the plant tooling and equipment as war reparations . However, no British car manufacturer was interested. A British report on the car said that "the vehicle does not meet the fundamental technical requirement of a motor-car … it is quite unattractive to the average buyer … To build the car commercially would be

1590-527: The car that would become known as the Beetle . The company's production grew rapidly in the 1950s and 1960s. In 1965, it acquired Auto Union , which subsequently produced the first postwar Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat , Polo and Golf ; the latter became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it

1643-635: The components of the CMF-B platform. The CMF-B EV platform was designed to reduce production cost and increase vehicle efficiency compared to the B-segment Renault Zoe , which used a bespoke platform. Two types of traction batteries using NMC chemistry are expected: "high-performance" and "affordable" variants, with the goal of reducing battery cost below US$ 80/kW-hr by 2030. In November 2023, Renault subsidiary Ampere renamed this platform to AmpR Small. Vehicles using platform (calendar years): The CMF-C/D platform underpins various vehicles in

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1696-684: The end of 2022. According to VW Group CEO Dr. Herbert Diess , the company will offer 25 electric models and 20 plug-in hybrids by 2020. Volkswagen Group came under pressure for cooperating with the Chinese government in the region of Xinjiang . In that same region, western-funded NGOs accused the Chinese government of having committed human rights abuses against the Uyghur minority group, which included mass surveillance , incarceration, and forced labor. After these accusations emerged, Volkswagen responded, "We do not assume any of our employees are forced laborers." Süddeutsche Zeitung claimed that Volkswagen

1749-469: The first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini, and Bugatti in 1998, Scania in 2008 and of Ducati, MAN, and Porsche in 2012. The company's operations in China have grown rapidly in the past decade, with the country becoming its largest market. In 2015, Volkswagen was discovered to have used defeat devices to deceive environmental regulators about how much NO x its cars were emitting. The company

1802-528: The first post-war Audi models, the Audi F103 series, shortly afterwards. Another German manufacturer, NSU Motorenwerke AG , was merged into Auto Union on 26 August 1969, creating a new company, Audi NSU Auto Union AG (later renamed AUDI AG in 1985). From the late 1970s to 1992, the acronym V.A.G. was used by Volkswagen AG as a brand for group-wide activities, such as distribution and leasing. Contrary to popular belief, "V.A.G." had no official meaning, and

1855-493: The following vehicle manufacturers and their corresponding brands : Here are the brands operated under the Volkswagen Group: Other subsidiaries and shareholdings: The Group also owns five defunct marques which are managed through the companies Auto Union GmbH and NSU GmbH, both of which are 100% owned by AUDI AG: In November 2018 Volkswagen's market capitalization was valued at US$ 73.8 billion. The key trends for

1908-569: The group's activities was made through the signing of a joint-venture partnership agreement with Škoda automobilová a.s. of Czechoslovakia , accompanied with the acquisition of a 30% stake in the Czech car manufacturer on 16 April 1991. On 19 December 1994, the group began the acquisition of Škoda Auto by raising its share to 60.3%. Later, on 11 December 1995, it became the Czech company's largest and controlling shareholder by increasing its share up to 70%. Three prestige automotive marques were added to

1961-650: The largest car manufacturer in the world by revenue. The Volkswagen Group sells passenger cars under the Audi , Bentley , Cupra , Jetta , Lamborghini , Porsche , SEAT , Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of the listed subsidiary Traton ( International Motors , MAN , Scania and Volkswagen Truck & Bus ). It

2014-473: The purchase of 19.9% of Suzuki Motor Corporation 's issued shares on 15 January 2010. Suzuki invested part of the amount received from Volkswagen into 1.49% percent of Volkswagen. In 2011, Suzuki filed a lawsuit at an arbitration court in London requesting that Volkswagen return the 19.9% stake. On 25 May 2010, it was announced that Volkswagen Group, through its subsidiary Lamborghini Holding S.p.A., had acquired

2067-548: The remaining half of Porsche shares for 4.46 billion euros (US$ 5.58 billion) on 1 August 2012 to avoid taxes of as much as 1.5 billion euros, which would have to be paid if the wrap up happened after 31 July 2014. Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. Volkswagen AG completed

2120-535: The research from the public domain. On 3 August 2015, Nokia announced that it had reached a deal to sell its Here digital maps division to a consortium of three German automakers— BMW , Daimler AG , and Volkswagen Group, for €2.8 billion. This was seen as an indication that the automakers were interested in automated cars. Volkswagen held a 19.9% non-controlling shareholding in Suzuki between 2009 and 2015. An international arbitration court ordered Volkswagen to sell

2173-498: The scandal. In its own financial report for 2023 Volkswagen Group estimated its long, medium and short term debt at 155,6 Billion Euros. It is unclear how Volkswagen group plans to pay off that massive debt considering its falling global vehicle deliveries, planned closure of at least 3 factories in Germany after it previously closed 2 factories in Russia as well as 64% drop in profit for

Renault–Nissan Common Module Family - Misplaced Pages Continue

2226-404: The second-generation Nissan Qashqai ), CMF-B for subcompacts/supermini, CMF-A for smaller vehicles, and CMF-EV for alliance wide BEV. The CMF will initially be used in approximately 14 vehicle models worldwide with an estimated production of 1.6 million units annually. The first CMF vehicles were introduced through 2013 with Nissan's CMF-C/D models. The CMF-A platform underpins various vehicles in

2279-818: The stake back to Suzuki. On 17 September 2015, Suzuki paid $ 3.8bn to complete the stock buy-back just hours prior to a major scandal about emissions violations engulfing Volkswagen. Suzuki had wished to buy Fiat diesel engines. In 2021, Volkswagen sold their 55% stake in Bugatti to Rimac Group while transferring the remaining 45% to Porsche AG , forming a joint venture company called Bugatti Rimac . In early 2024, Volkswagen Group began looking for partners among international technology corporations to create AI labs, new digital prototypes of products and functions using artificial intelligence. In October 2024, Volkswagen plans to close at least three plants in Germany and cut jobs, facing challenges from delayed EV investments and

2332-451: The supervisory board of Volkswagen AG approved the acquisition of assets of Karmann, and planned to restart vehicle production at their Osnabrück plant in 2012. In December 2009, Volkswagen AG bought a 49.9% stake in Dr. Ing. h.c. F. Porsche AG (more commonly known as Porsche AG) in a first step towards an 'integrated automotive group' with Porsche. The merger of Volkswagen AG and Porsche SE

2385-860: The three months to the end of September 2024. Latest setback for Volkswagen came on November 21, 2024 when Swedish battery producer Northvolt filed for bankruptcy, Volkswagen previously invested 1,4 Billion Euros in their failed business. On November 27, 2024 Volkswagen announced sale of it's Xinijang factory in China partly because "demand for combustion engine vehicles is going down". Former member of Croatian parliament Ivan Pernar warned that due to overall financial situation Volkswagen might go bankrupt just as "too big to fail" heavily indebted Evergrande Group . He also questioned how will EU tariffs on Chinese cars save Volkswagen when 50% of its sales are in China itself and not in EU, as well as its manangment decision to exit Russian market. In 2016, Volkswagen Group announced

2438-677: Was based on transitioning to electric cars , and building a shared platform, battery systems, software and mobility solutions to use across all their brands. This involves creating the Scalable Systems Platform , as well as developing software under a new subsidiary called CARIAD . Volkswagen Group aims by 2024 to transition to selling mostly electric cars. It aims to have six battery factories in Europe by 2030. In 2023, Volkswagen Group announced plans to cut costs by €10 billion ($ 11.1 billion). In February 2024, Volkswagen Group and Chinese electric vehicle manufacturer XPeng signed

2491-463: Was designed by Ferdinand Porsche 's consulting firm, and the company was backed by the support of Adolf Hitler . On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH'). Shortly after the factory at Fallersleben was completed World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from

2544-642: Was fined billions of dollars. Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange , where it is a constituent of the Euro Stoxx 50 stock market index , and secondary listings on the Luxembourg Stock Exchange and SIX Swiss Exchange . It has been traded in the United States via American depositary receipts since 1988, currently on

2597-609: Was never the formal name of the Volkswagen Group. On 30 September 1982, Volkswagenwerk made its first step expanding outside Germany by signing a co-operation agreement with the Spanish car manufacturer SEAT, S.A. To reflect the company's increasing global diversification from its headquarters and main plant (the Volkswagenwerk in Wolfsburg ), on 4 July 1985, the company name was changed again—to Volkswagen Aktiengesellschaft (Volkswagen AG). On 18 June 1986, Volkswagen AG acquired

2650-455: Was operating a plant in Xinjiang at a loss in order to curry favor with the Chinese government to set up more lucrative plants in other parts of China, which Volkswagen denied, saying that the decision to set up the plant in 2012 was purely based on economics. Volkswagen is still operating a plant in the region as of 2020. In 2021, Volkswagen Group released their New Auto strategy. The strategy

2703-604: Was scheduled to take place during the course of 2011. On 8 September 2011, it was announced that the planned merger "cannot be implemented within the time frame provided for in the Comprehensive Agreement". As reasons, unquantifiable legal risks, including a criminal probe into the holding's former management team were given. Both parties "remain committed to the goal of creating an integrated automotive group with Porsche and are convinced that this will take place". On 4 July 2012 Volkswagen group announced they would wrap up

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2756-541: Was slave labour. Many of the slaves were reported to have been supplied from the concentration camps upon request from plant managers. A lawsuit was filed in 1998 by survivors for restitution for the forced labour. Volkswagen would set up a voluntary restitution fund. After the war in Europe, in June 1945, Major Ivan Hirst of the British Army Royal Electrical and Mechanical Engineers (REME) took control of

2809-474: Was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles and was the largest automaker by revenue in 2022. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies. In 2023, Volkswagen Group was the largest company in the European Union and

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