Volkswagen is a German automaker founded on 28 May 1937 by the German Labour Front under Adolf Hitler and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group, the largest automaker by worldwide sales in 2016 and 2017. The group's main market is in China, which delivers 40% of its sales and profits. Volkswagen was originally established in 1932 by the German Labour Front in Berlin. In the early 1930s cars were a luxury. Most Germans could afford nothing more elaborate than, at most, a motorcycle. As a result, only one German out of 50 owned a car. Volkswagen translates to "folk's wagon" in German, meaning "people's car". The company's current international advertising slogan is just "Volkswagen", referencing the name's meaning.