 DAF now has a net worth of 1.7 Billion dollars

The first passenger car, the DAF 600, was presented to the public in February 1958.It featured unitary steel construction, with a front mounted, air cooled two cylinder boxer engine driving the rear wheels through a centrifugal clutch and the Variomatic CVT transmission.The way this was constructed eliminated the need for a differential, with the drivebelts taking up the difference of speed in turns.