Step 1 : Introduction to the question "What does the German name "Volkswagen" mean in English?"
...The automobile company begun under the control of Adolf Hitler's National Socialist (Nazi) Party was originally known as Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH. This cumbersome name was later shortened to simply Volkswagenwerk, or "The People's Car Company." It later became simply Volkswagen, or "people's car." The purpose of Volkswagen was to mass produce an affordable yet speedy and reliable vehicle that sold for a low, easily affordable price. Volkswagen halted production when World War II began. Production began again post-war in an attempt to resuscitate Germany's auto industry. Source: History.com
Step 2 : Answer to the question "What does the German name "Volkswagen" mean in English?"
People's car:
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