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Reuters

Volkswagen's journey: Beetle maker's wartime roots to reinvention

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Volkswagen's journey: Beetle maker's wartime roots to reinvention
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Volkswagen is facing what could be its biggest restructuring in 89 years, and the company’s history is marked by repeated reinventions. The roots go back to Nazi Germany’s push for a “people’s car”: in 1937 the German Labour Front created the “Corporation to Prepare the Way for the German People’s Car,” and in 1939 the KdF-Wagen was unveiled. World War II redirected production toward military vehicles. After Germany’s 1945 surrender, British Army engineer Ivan Hirst helped restart Beetle production in Wolfsburg, where the one-millionth Beetle appeared in 1955. Privatization came in 1960 with Lower Saxony holding 20%. Later moves—like buying Auto Union for Audi in 1965, launching the Golf in 1974, and expanding in China—built the multibrand empire.

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