The Evil Crimes of Volkswagen
A video on YouTube. In Business & Money, a Krater category.
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This video details the dark history of Volkswagen, from its origins under Nazi Germany and use of forced labor and concentration camps during World War II, to its postwar rebuilding by the British Army, its emergence as a global automotive conglomerate, and the 2015 Dieselgate emissions scandal.
From the video
Answers: What is the dark history of Volkswagen?
- Volkswagen Nazi origins
- Ferdinand Porsche car design
- Volkswagen forced labor and concentration camps
- Kinderheim baby camp atrocities
- Postwar rebuilding by Major Ivan Hirst
- Volkswagen Type 2 bus development
- Porsche and Volkswagen corporate takeover battle
- 1908 Volkswagen short squeeze
- Dieselgate emissions scandal
What it concludes
- Volkswagen was founded under Nazi Germany with direct involvement from Adolf Hitler and Ferdinand Porsche, utilizing slave labor and concentration camps during World War II.
- The Kinderheim at Volkswagen's factory was a horrific nursery where hundreds of babies of forced laborers suffered near-100 percent mortality due to severe neglect and abuse.
- Major Ivan Hirst successfully rebuilt the destroyed Volkswagen factory after World War II, turning it into a major supplier for the British Army and restoring car production.
- Porsche attempted a hostile takeover of Volkswagen during the 2008 financial crisis through massive stock and options purchases, but overextended itself into massive debt.
- Volkswagen successfully turned the tables on Porsche, taking advantage of Porsche's financial distress to acquire nearly 50 percent of Porsche and eventually absorbing it.
- Volkswagen engaged in a massive emissions cheating scandal ('Dieselgate') involving rigged software in millions of diesel cars, costing the company tens of billions in fines and settlements.
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