Volkswagen - The Key to Its Success

Volkswagen just seems to go from strength tosteel supply from there. Wolfsburg was built near the
strength. In recent times it has quietly risen through thetown of Braunschweig, which enabled VW to recruit a
ranks of the motor industry to appear as the thirdskilled local workforce.
largest car manufacturer in the world today. It hasOnce the production aspect was completed, Ferdinand
done this by a combination of sheer business acumen,Porsche facilitated the manufacturing process and
some clever acquisitions and a certain amount of goodintroduced flow production. He based this on the same
fortune.principles of flow production at Henry Ford's production
Volkswagen Group, or VW AG, as it is now knownlines in Detroit/USA. The disadvantage of flow
from its previously ill-advised acronym VAG isproduction was the limited variety and flexibility within
Europe's biggest car manufacturer, with itsthe production line, which was overcome through the
headquarters located in Wolfsburg in central Germany.production of just one model - the Beetle.
VW AG not only owns the brand VW, but also ownsThrough continuous re-investment of profits into
Audi, Bentley, Bugatti, Lamborghini, Seat and Skodaresearch and development, VW grew in importance
which is an enviable portfolio by anyone's reckoning.through the 70s, 80s and 90s. However, in the early
To give a brief history lesson, it was in the year 193390s, VW was facing a dilemma regarding their position
that Adolf Hitler decided that the German publicin the market. It seemed that the luxury car market
deserved a "people's car"; in essence it should havewas growing extensively, leaving VW exposed with
four seats to accommodate the average Germantheir medium range vehicles.
family, be able to drive up to 60mph but mostVW's CEO was keen to be involved with high-class
importantly to be purchased by means of a savingbrands like Bentley, who had serious financial problems
scheme whereby people saved five German marks aat the time and were in need of backing. VW
week in order to purchase a car. Many paid into theembarked on a number of high profile acquisitions and
savings scheme but the outbreak of war ultimatelywith each one introduced the same business
meant that few actually received their car with thephilosophies that had worked for them. By the late 90s
notable exception of Hitler who although couldn't driveall of the brands were competing successfully in their
received a Beetle for his 49th Birthday! The latermarkets, improving VW's overall position. By 2000 VW
success of the Beetle and ultimately the success ofwas operating in nearly every sector of the market
Volkswagen arose from these humble beginnings.including Trucks, leaving them less exposed to risk
The manufacture of the Beetle was a key factor toshould one particular market encounter difficulties.
its success. The main aim was to keep the productionVW's move to production in Eastern Europe was
cost per unit as low as possible. Since this was thecriticised as it led to job cuts in Germany. However, this
most challenging part of the equation, an entire city,was deemed necessary to keep VW competitive as
Wolfsburg, was built in central Germany to host thecheaper labour contributed to reducing costs. The
production site. Wolfsburg's infrastructure was basedongoing success of Volkswagen is still largely
on the specific needs of Volkswagen. The productiondependent on their well organised infrastructure, not
facility benefited from its location in relation to otheronly in Germany but also through their supply channels
industrial areas of Germany. In addition the railwayaround the world, which keeps production costs low
connection to the Ruhr-Valley, Germany's largestwhilst still maintaining quality, something which has
industrial area, was vital as VW was dependent on thebackfired for other car makers.