Is Audi Part Of Volkswagen: [Explained]
Yes, Audi is a subsidiary of Volkswagen Group.
Is Audi Part Of Volkswagen?
History
Audi was founded in 1909 by August Horch. In 1965, Volkswagen acquired a 50% stake in Audi. In 1966, Volkswagen acquired the remaining 50% stake in Audi.
Current Ownership
Audi is currently a wholly-owned subsidiary of Volkswagen AG.
Brands
Audi’s brands include Audi, Bentley, Bugatti, Lamborghini, Porsche, and Ducati.
Products
Audi’s products include cars, SUVs, and commercial vehicles.
Production Facilities
Audi has production facilities in Germany, Hungary, China, India, and Mexico.
Sales
Audi sold over 1.8 million vehicles worldwide in 2021.
Conclusion
Audi is a German automaker that is currently a wholly-owned subsidiary of Volkswagen AG. Audi’s brands include Audi, Bentley, Bugatti, Lamborghini, Porsche, and Ducati. Audi’s products include cars, SUVs, and commercial vehicles. Audi has production facilities in Germany, Hungary, China, India, and Mexico. Audi sold over 1.8 million vehicles worldwide in 2021.
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FAQs: Is Audi Part Of Volkswagen
Is Audi owned by Volkswagen?
Yes, Audi is owned by Volkswagen. Volkswagen acquired Audi in 1964.
What is the relationship between Audi and Volkswagen?
Audi is a wholly-owned subsidiary of Volkswagen. Volkswagen owns 100% of Audi’s shares.
What other brands does Volkswagen own?
In addition to Audi, Volkswagen owns a number of other brands, including Porsche, Lamborghini, Bentley, Bugatti, and Ducati.
Why did Volkswagen buy Audi?
Volkswagen bought Audi in order to expand its range of luxury vehicles. Audi is known for its high-quality, high-performance cars, and Volkswagen wanted to tap into that market.
What are the benefits of Audi being owned by Volkswagen?
Audi benefits from being owned by Volkswagen in a number of ways. Volkswagen provides Audi with financial support, engineering expertise, and a global sales network. This has helped Audi to grow into one of the world’s leading luxury car brands.