Volkswagen has just made headlines in the past week by introducing the more exciting version of the Volkswagen Tiguan, which apparently can produce even more power if the customer wants to. But in the shadows of the limelight lies a problem that the German marque has to face - it will be raising its prices in the US soon as a result of President Donald Trump's blanket tariffs on the automotive industry.
Volkswagen is a mainstream automaker founded by the German Labour Front in 1937 as the "people's car" company. Famous for the Volkswagen Beetle, Type 2 Bus, and modern classics like the Golf and Jetta, Volkswagen has emerged as one of the world's largest automakers and a subsection of the larger Volkswagen Group, which either directly or indirectly owns controlling stakes in Porsche, Audi, Bentley, Skoda, Lamborghini, Bugatti, Rimac, Seat, and more.