The life is so mysterious that it offers opportunities whose value is realized only after it is turned down. It is not the case only with ordinary individuals; even well established companies falter by making wrong decisions.
Volkswagen means PEOPLE'S CAR in German. The company experienced unbelievable hard times during 1940s. The Volkswagen factory was attacked by Allied Forces during World War 2. It was partially destroyed. The British Government took control of the factory to produce light transportation for military and was put under the leadership of IVAN HIRST.
The British sought to give control of the company to the able hands and offered the factory to Ford Motors. Truth. The offer was turned down by Ford Motors, since the company thought it was waste of money!!!!!!! It was indeed fortune thrown away. Then the control of Volkswagen was relinquished to the German Government which put the company under the able leadership of Heinrich Nordoff who turned the company around and by 1950, Volkswagen started exporting to neighboring countries. Indeed Volkswagen personifies the quality of Phoenix. Phoenix raises from ash. So did Volkswagen.
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