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Volkswagen, often abbreviated as VW, is a German car manufacturer that was founded in 1937. The name "Volkswagen" means "people's car" in German. The company is headquartered in Wolfsburg, Germany, and is one of the largest car makers in the world. Volkswagen produces a wide range of vehicles, including cars, trucks, and buses. Some of its most popular car models include the Golf, Jetta, Passat, and Beetle. The company is also known for its luxury car brands, such as Audi, Bentley, and Lamborghini. In recent years, Volkswagen has shifted its focus towards electric vehicles and has set a goal of becoming a carbon-neutral company by 2050. It has launched several new electric vehicle models, such as the ID.4 and the ID.3, and plans to have 70 electric models on the market by 2028.