![]() ![]() Moreover, direct instructions were given to stop all new developments. Volkswagen’s management had a very low opinion of Auto Union products, in addition, the “Beetle” was sold well, and its assembly was quickly set up at a new plant in Ingolstadt. Despite the successful development of the parent company’s business, Daimler-Benz still decided to abandon the unprofitable enterprise and sold it in several stages, beginning in 1964, to the Volkswagen concern. ![]() The construction of a new car factory in Ingolstadt, started in 1958, and the general decline in demand for cars in the early 1960s led to the fact that by 1964 the financial condition of Auto Union had become deplorable. ![]()
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