Volkswagen acquires majority of Auto Union

  • Date
    1 January 1965
  • Description
    Volkswagen AG acquires a majority shareholding in Auto Union from Daimler-Benz AG. The Düsseldorf plant, which Daimler-Benz had been leasing from Auto Union since 1961, is now purchased through the Daimler-Benz subsidiary Industriemotorenbau GmbH, which extends the leasing agreement.
Aerial view of the Düseldorf plant, 25.10.1962
U10713A
Düsseldorf plant
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