Who Owns Audi?

German Car Brands, Companies And Manufacturers World Cars Brands from listcarbrands.com

The History of Audi

Audi is a German luxury car manufacturer that has been in business since 1909. Originally founded by August Horch, the company was named after him until a legal dispute forced him to change the name to Audi. Throughout the years, Audi has grown into a leading global car brand, known for its innovative technology and sleek designs.

The Volkswagen Group

So, who owns Audi? The answer is the Volkswagen Group. In 1964, Volkswagen AG acquired Audi from Daimler-Benz AG. Since then, Audi has been a subsidiary of the Volkswagen Group, which also owns other car brands like Volkswagen, Porsche, Bentley, and Lamborghini.

The Benefits of Being Part of the Volkswagen Group

Being part of the Volkswagen Group has many benefits for Audi. First, it allows Audi to have access to the resources and expertise of the larger company. This means that Audi can benefit from economies of scale, shared research and development, and a larger global network of suppliers and distributors.

Second, being part of the Volkswagen Group allows Audi to share technology and platforms with other brands within the group. For example, Audi can use Volkswagen's modular MQB platform for some of its models, which helps to reduce costs and improve efficiency.

The Impact of the Volkswagen Emissions Scandal

In 2015, the Volkswagen Group was rocked by an emissions scandal, in which the company was found to have cheated on emissions tests for some of its diesel vehicles. This scandal had a significant impact on the reputation of the Volkswagen Group and its brands, including Audi.

However, Audi has taken steps to address the issue and improve its environmental performance. The company has committed to investing in electric and hybrid technology, and has set a goal of making all of its production and supply chain carbon-neutral by 2050.

The Future of Audi

Audi has a bright future ahead, as the company continues to innovate and expand its product line. In recent years, Audi has launched several new models, including the e-tron electric SUV and the Q8 luxury SUV.

Looking ahead, Audi is expected to continue investing in electric and hybrid technology, as well as autonomous driving capabilities. The company is also exploring new business models, such as car-sharing and mobility services, to meet the changing needs of consumers.

Conclusion

In conclusion, Audi is owned by the Volkswagen Group, which has provided the company with many benefits over the years. Despite the challenges faced by the Volkswagen Group, Audi remains a leading global car brand that is committed to innovation, sustainability, and meeting the needs of its customers.