"On May 21, 2008, the Grandson of Carl F. W. Borgward, Christian Borgward, together with his partner Karlheinz L. Knöss founded the Borgward AG in Lucerne (Switzerland). The publication of the foundation was reported in the Commercial Register of Lucerne on June 25, 2008. In 2005 Christian Borgward (President of the Borgward AG) together with Karlheinz L. Knöss (CEO and Vice President of the Supervisory board) started the revival of Borgward. They started the development of the new Borgward Automobiles with the Norwegian Stylist Einar J. Hareide, creator of the legendary "Four-Eyes-Face" of the Mercedes-Benz E-Class, set up the organisation and engineer team and developed a unique, independent car concept. Christian Borgward is owner of the Borgward brand rights. Borgward AG is responsible for the development, production, sales and marketing of Borgward cars, ships and aircrafts."