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Carl Hahn
Carl Horst Hahn (born 1 July 1926) is a German businessman and former head of the Volkswagen Group from 1982 to 1993. He served as the chairman of the board of management of the parent company, Volkswagen AG (formerly Volkswagenwerk AG). During his tenure, the group's car production increased from two million units in 1982 to 3.5 million a decade later. Early life and education Hahn was born in the German state of Saxony and raised near Chemnitz. His father had been a senior manager of the German car and motorcycle company DKW and was a co-founder of the Auto Union in 1932, which later evolved into the Audi car brand. As a college student, he studied business administration at the University of Cologne and the University of Zurich, economics and politics in Great Britain and France. In 1952, Hahn received his doctorate in Economics at the University of Berne in Switzerland. He went to Perugia for a year to study art history, intending to volunteer at Fiat. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chemnitz
Chemnitz (; from 1953 to 1990: Karl-Marx-Stadt , ) is the third-largest city in the German state of Saxony after Leipzig and Dresden. It is the 28th largest city of Germany as well as the fourth largest city in the area of former East Germany after ( East) Berlin, Leipzig and Dresden. The city is part of the Central German Metropolitan Region, and lies in the middle of a string of cities sitting in the densely populated northern foreland of the Elster and Ore Mountains, stretching from Plauen in the southwest via Zwickau, Chemnitz and Freiberg to Dresden in the northeast. Located in the Ore Mountain Basin, the city is surrounded by the Ore Mountains to the south and the Central Saxon Hill Country to the north. The city stands on the Chemnitz River (progression: ), which is formed through the confluence of the rivers Zwönitz and Würschnitz in the borough of Altchemnitz. The name of the city as well as the names of the rivers are of Slavic origin. Chemnitz is the third ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Group Of America
Volkswagen Group of America, Inc. (sometimes referred to as Volkswagen of America, abbreviated to VWoA), is the North American operational headquarters, and subsidiary of the Volkswagen Group of automobile companies of Germany. VWoA is responsible for five marques: Audi, Bentley, Bugatti, Lamborghini, and Volkswagen cars. It also controls VW Credit, Inc. (or VCI), Volkswagen's financial services and credit operations. The company is headquartered in unincorporated Fairfax County, Virginia, near Herndon. In Germany, the parent company Volkswagen AG is responsible for eight marques of the group, from six European countries: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen Commercial Vehicles. As of March 2008, VWoA has 20 operational facilities, spanning coast to coast, and its primary objective is ''"to offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ferdinand Piëch
Ferdinand Karl Piëch (; 17 April 1937 – 25 August 2019) was an Austrian business magnate, engineer and executive who was the chairman of the executive board (''Vorstandsvorsitzender'') of Volkswagen Group in 1993–2002 and the chairman of the supervisory board (''Aufsichtsratsvorsitzender'') of Volkswagen Group in 2002–2015. A grandson of Ferdinand Porsche, Piëch started his career at Porsche, before leaving for Audi after an agreement that no member of the Porsche or Piëch families should be involved in the day-to-day operations of the Porsche company. Piëch eventually became the head of Audi, where he is credited with evolving and growing Audi into a competitor to equal Mercedes-Benz and BMW, thanks in part to innovative designs such as the Quattro and 100. In 1993, Piëch became the chairman and CEO of Volkswagen Group, which he is credited with turning into the large conglomerate it is today; He oversaw the purchase of Lamborghini and Bentley, as well as the foun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Golf
The Volkswagen Golf () is a compact car/small family car (C-segment) produced by the German automotive manufacturer Volkswagen since 1974, marketed worldwide across eight generations, in various body configurations and under various nameplates – including as the Volkswagen Rabbit in the United States and Canada (Mk1 and Mk5), and as the Volkswagen Caribe in Mexico (Mk1). The original Golf Mk1 was a front-engined, front-wheel drive replacement for the air-cooled, rear-engined, rear-wheel drive Volkswagen Beetle. Historically, the Golf is Volkswagen's best-selling model and is among the world's top three best-selling models, with more than 35 million units sold as of 2019. Initially, most Golfs were 3-door hatchbacks. Other variants include a 5-door hatchback, estate (Variant, from 1993), convertible ( Cabriolet and Cabrio, 1979–2002, Cabriolet, 2011–present), and a Golf-based saloon, called the Volkswagen Jetta, Volkswagen Vento (from 1992) or Volkswagen Bora (from 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Fraud
Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud in early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission. The foreign exchange market is at best a zero-sum game, meaning that whatever one trader gains, another loses. However, brokerage commissions and other transaction costs are subtracted from the results of all traders, making foreign exchange a negative-sum game. US Government interventions In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud. In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on "a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions, unresponsiveness to customer complain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Škoda Auto
Škoda Auto a.s. (), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After 1991, it was gradually privatized to the German Volkswagen Group, becoming a subsidiary in 1994 and since 2000 a wholly owned subsidiary. Škoda automobiles are sold in over 100 countries and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second highest of all Volkswagen AG brands after Porsche. History The Škoda Works were established as an arms manufacturer in 1859. ŠKODA AUTO (and its predecessor Laurin & Klement) is the fifth-oldest company producing cars, and has an unbroken history alongside Daimler, Opel, Peugeot, and Tatra. Laurin & K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revolutions Of 1989
The Revolutions of 1989, also known as the Fall of Communism, was a revolutionary wave that resulted in the end of most communist states in the world. Sometimes this revolutionary wave is also called the Fall of Nations or the Autumn of Nations, a play on the term Spring of Nations that is sometimes used to describe the Revolutions of 1848 in Europe. It also led to the eventual breakup of the Soviet Union—the world's largest communist state—and the abandonment of communist regimes in many parts of the world, some of which were violently overthrown. The events, especially the fall of the Soviet Union, drastically altered the world's balance of power, marking the end of the Cold War and the beginning of the post-Cold War era. The earliest recorded protests were started in Kazakhstan, then part of the Soviet Union, in 1986 with the student demonstrations — the last chapter of these revolutions is considered to be in 1993 when Cambodia enacted a new Constitution in w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James McLernon
James Wright McLernon (August 7, 1927 – March 21, 2020) was an automobile company executive who worked for Chevrolet while at General Motors as an engineer. Born in Kenmore, New York, he became the first president in 1976 of manufacturing at Volkswagen of America, the U.S. division of Volkswagen AG. He was assigned to get VW's Westmoreland Assembly Plant, the first factory in the United States operated by a non-American automaker, up and running in 1978 and then became president of VW's entire American division. His role at Volkswagen was controversial, due to the softening of the Volkswagen Rabbit The Volkswagen Golf () is a compact car/small family car (C-segment) produced by the German automotive manufacturer Volkswagen since 1974, marketed worldwide across eight generations, in various body configurations and under various nameplates ... (known in Europe as the Golf), to make the car appeal to a mass market. He was fired by Carl Hahn when Hahn became the chairman of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Westmoreland Assembly Plant
Volkswagen Westmoreland Assembly was a manufacturing complex located southeast of Pittsburgh in Westmoreland County, Pennsylvania, near New Stanton — and noted for manufacturing 1.15 million Volkswagens from 1978 until 1987. When VWoA began manufacturing in the unfinished Chrysler plant, it became the first foreign automobile company to build cars in the US since Rolls-Royce manufactured cars in Springfield, Massachusetts, from 1921 to 1931. Chrysler had called the facility the ''New Stanton plant''; Volkswagen changed the name to ''Westmoreland''. The factory manufactured a range of fuel-efficient small cars with gasoline and diesel engines, all variants (or rebadged models) of Volkswagen's Golf: the Rabbit (79–84); Rabbit GTI (83–84); Rabbit Pickup (1979–1982); the Golf Mk2 and GTI (85–89) and the Jetta (87–89). Built with the largest incentive package the Commonwealth of Pennsylvania had ever offered, the factory had an estimated annual capacity of 240,0 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Golf Mk2
The Volkswagen Golf Mk2 is a hatchback, the second generation of the Volkswagen Golf and the successor to the Volkswagen Golf Mk1. It was Volkswagen's highest volume seller from 1983 and ended in (German) production in late 1992, to be replaced by the Volkswagen Golf Mk3. The Mk2 was larger than the Mk1; its wheelbase grew slightly (+ ), as did exterior dimensions (length + , width + , height + ). Weight was up accordingly by about . Exterior design, developed in-house by VW design director Schäfer, kept the general lines of its Giugiaro-designed predecessor, but was slightly more rounded. All told, about 6.3 million second-generation Golfs were built. Golf Mark 2 The second-generation Volkswagen Golf (also known as the ''Typ 19E'' until the 1991 model year, and ''Typ 1G'' thereafter) was launched in Europe at the Frankfurt Motor Show in September 1983, with sales beginning in its homeland and most other left-hand drive markets soon after. It debuted in March 1984 on the right- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Golf Mk1
The Volkswagen Golf Mk1 is the first generation of a small family car manufactured and marketed by Volkswagen. It was noteworthy for signalling Volkswagen's shift of its major car lines from rear-wheel drive and rear-mounted air-cooled engines to front-wheel drive with front-mounted, water-cooled engines that were often transversely-mounted. Successor to Volkswagen's Beetle, the first generation Golf debuted in Europe in May 1974 with styling by Giorgetto Giugiaro's Italdesign. History Replacing the Beetle; early efforts Volkswagen began producing prototypes of possible Beetle replacements as far back as the early 1950s, and may have received design proposals from Porsche earlier than that. All of the internal projects' names started with "EA", standing for "Entwicklungsauftrag" and meaning "Development assignment". This work began during the tenure of Heinz Nordhoff, who was Director General of Volkswagen from 1948 to 1968. In 1952 the company built the EA41 in collabor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SEAT
A seat is a place to sit. The term may encompass additional features, such as back, armrest, head restraint but also headquarters in a wider sense. Types of seat The following are examples of different kinds of seat: * Armchair, a chair equipped with armrests * Airline seat, for passengers in an aircraft * Bar stool, a high stool used in bars and many houses * Bench, a long hard seat * Bicycle seat, a saddle on a bicycle * Car seat, a seat in an automobile * Cathedra, a seat for a bishop located in a cathedral * Chair, a seat with a back * Chaise longue, a soft chair with leg support * Couch, a long soft seat * Ejection seat, rescue seat in an aircraft * Folding seat * Hard seat * Infant car seat, for a small child in a car * Jump seat, auxiliary seat in a vehicle * Pew, a long seat in a church, synagogue, or courtroom * Saddle, a type of seat used on the backs of animals, bicycles, lap etc. * Sliding seat, in a rowing boat * Sofa, alternative name for cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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