The meaning of "Volkswagen" is simple and very descriptive of the goal of Adolf Hitler. "Volks" pronounced "folks" means "People's" and "Wagen" means "Car". Put together it means "The People's Car", a car produced for the people and by the people of Germany.
People's car. The original Volkswagen company was created on the orders of Adolph Hitler to produce a cheap car for the German people. The engineer chosen to design the car was Ferdinand Porsche.
In simple words people`s car