Volkswagen Coronavirus Financial Relief and New Car Incentives
The Coronavirus has swept through the nation like a tidal wave, leaving a stream of unemployed workers and economic uncertainty and in its wake. Volkswagen Group and its subsidiaries represent the 7th largest company in the world. The name Volkswagen in German means “the people’s car”, and people are all around the globe are reeling from the effects of COVID-19.
Volkswagen was introduced into the American market back in 1949, but it took nearly a decade for the automaker to catch on in States. In 1960 Volkswagen, was denationalized when Germany let go of 60% of its ownership stake in the company. Within 15 years, the Volkswagen Beetle surpassed the worldwide auto sales record set back in 1927 by the Ford Model T.
Volkswagen along with the rest of the global automobile market now finds itself in a challenging situation brought on by the devastating Coronavirus pandemic. Volkswagen has formulated innovative ideas to help its current and future customers through this difficult time and also doing its part to contribute to the growing list of Coronavirus Car Payment Plans.