Auto Advice From An Auto Expert

Europe's largest automaker is not only successful in the said continent but also in North America.  Volkswagen has been widely successful in Europe, in Asian countries, and in the United States.  The iconic Beetle made the brand very popular.  But unknown to many, Volkswagen is not just about Volkswagen cars. Actually, Volkswagen own Audi, Bentley, Bugatti, Lamborghini, and of course, Volkswagen just like Ford owns Mercury, Lincoln, Volvo Cars, Jaguar, and Land Rover.

Thus, the automaker has decided to change the name of their American arm from Volkswagen of America to Volkswagen Group of America.  This is to better reflect the fact that Volkswagen AG is a collection of auto brands.

Stefan Jacoby, president and chief executive officer of Volkswagen had this to say according to The Auto Channel: "Our company, like the entire Volkswagen Group, has grown dramatically since our formation in the United States in 1955. Our new corporate name allows our individual brands to flourish, while recognizing that we have a common support structure that gives us great strength as we face our competitors."

"The new name Volkswagen Group of America reflects the much wider array of goods and services we now offer, and prepares us for even more activities in the future," he added.

Although everything seems to be looking good for the automaker, that does not seem to be the case regarding its issues with Porsche.  The latter has expressed their intention of mounting a hostile takeover of Europe's largest automaker. With the Volkswagen law, now trashed by the European Union, Porsche is one step closer to acquiring the majority stakes of Volkswagen AG. If Porsche succeeds, would their American arm then be named Porsche Group of America?  Well, that remains to be seen as everything seems to be quiet regarding that issue.

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