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When Did Volkswagen Buy Audi

Volkswagen bought Audi in 1964.

When Did Volkswagen Buy Audi?

History of Volkswagen and Audi

Volkswagen and Audi are two of the most well-known car brands in the world. But did you know that Volkswagen actually owns Audi? The history of these two companies is a fascinating one, and it all started in the early 1900s.

The Birth of Volkswagen

In 1933, Adolf Hitler commissioned Ferdinand Porsche to design a people’s car that would be affordable for the average German citizen. Porsche’s design was based on the Volkswagen Beetle, which went into production in 1938. The Beetle was an instant success, and it quickly became one of the most popular cars in the world.

The Birth of Audi

Meanwhile, in 1910, August Horch founded the Horch Motor Company in Germany. Horch’s company produced a variety of cars, trucks, and buses. In 1932, Horch merged with two other German automakers, DKW and Wanderer, to form Auto Union. Auto Union produced a variety of cars, including the Audi, which was introduced in 1933.

The Volkswagen-Audi Merger

In 1964, Volkswagen acquired Auto Union, which gave it control of the Audi brand. Volkswagen continued to produce the Audi, and it quickly became one of the most popular cars in the world. Today, Audi is a luxury brand that is owned by Volkswagen.

Conclusion

The Volkswagen-Audi merger was a major turning point in the history of both companies. It allowed Volkswagen to expand its product line and reach a wider audience. Audi benefited from Volkswagen’s financial resources and engineering expertise. Today, Volkswagen and Audi are two of the most successful car brands in the world.

Also Read: Where Does Volkswagen Come From

FAQs

When did Volkswagen buy Audi?

Volkswagen acquired Audi in 1964.

Why did Volkswagen buy Audi?

Volkswagen wanted to expand its product lineup and enter the luxury car market.

How much did Volkswagen pay for Audi?

Volkswagen paid $580 million for Audi.

What has been the impact of Volkswagen’s acquisition of Audi?

Volkswagen’s acquisition of Audi has allowed the company to expand its product lineup and enter the luxury car market. Audi has also benefited from Volkswagen’s financial backing and engineering expertise.

What are some of the most popular Audi models?

Some of the most popular Audi models include the A4, A6, Q5, and R8.