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Volkswagen AG (ISIN: DE0007664005), or VW AG, is an automobile manufacturer based in Wolfsburg, Germany. It forms the core of Volkswagen Group, which is the world's fourth largest car producer after GM, Toyota and Ford, respectively. The name means "people's car" in German, in which it is pronounced [?folksvag?n]. Its tagline is "Volkswagen - Das Auto" or "Volkswagen - The Car". Its previous German tagline was "Aus Liebe zum Automobil", which is translated as "Out of love for the car" - or, "For Love of the Automobile", as translated by VW in other languages. 
Volkswagen and Sanyo team up to develop hybrid vehicle battery system. Volkswagen boss Martin Winterkorn has confirmed the company plans to build compact hybrid vehicles. There will definitely be compact hybrid models, such as Polo and Golf, and without any great delay", with gasoline and diesel engines. Also underway at Volkswagen's Braunschweig R&D facilities in Northern Germany is a hybrid version of the next-generation Touareg, due in 2010. All future VW models to have hybrid option . “Future VW models will fundamentally also be constructed with hybrid concepts,” VW head of development Ulrich Hackenberg told Automobilwoche in an interview. Hackenberg mentioned that the car based on the Up! concept seen at Frankfurt motorshow [9], as well as all future models, could be offered with either full or partial hybrid options. The rear-engine Up! will go into production in 2011. Nothing has been said about plug-in hybrid option. VW?s Chief of research, Dr. Jurgen Leohold, said the company's concluded hydrogen fuel-cell cars are a non-starter. 
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