Audi AG is the company in charge of production of automobiles of the Audi model. Though not a fully-fledged company themselves, Audi AKTIENGESELLSCHAFT have made a massive earnings on their successes over time with cars including the Audi TT. Audi AG is a subsidiary of the Volkswagen Group who own 99. 7% of all shares in the business. Audi S4 Sway bar
Audi AG’s motto is ‘Vorsprung durch Technik’, which explicates into English as ‘Advancement through technology’. It is this attitude towards technology and class that has set Audi aside from its competition since the company was formed right back in 1899 by August Horch.
The first Audi car was produced in 1901 – even if under the business name ‘Horch’, named after the creator. Horch was himself however expelled from the business in 1909, and founded Audi as a second company to rival Horch. The first cars Audi produced were 2. 6L four cylinder models and 3. 6L models, gaining acceleration and momentum already in sales figures and earnings.
During the Second Universe War, Audi provided a lot of cars and specially designed military vehicles to the German armed service to aid them in their efforts. After Might 1940, no more civilian production happened, with the company (now referred to as ‘Auto Union’ after a merger) decided to provide vehicles solely for military usage.
In 1964, well after the warfare had finished, the Vw Group moved in and bought a majority talk about of the company, a decision that would be remarkably profitable, revolutionizing the corporation and allowing it to surpass all limits anyone could have imagined for it.
After another combination in the late sixties, the ‘Auto Union’ became known as ‘Audi NSU Auto Union AG’. The first car to be released following this merger was the Audi 100, another instant success, then the Audi 80 and Audi 50 not long after. The Audi 50 was renamed the Volkswagen Punta in 1974.
Audi at this moment had an image of conservatism, and cure this they made a decision to move into the racing and high performance markets. The Audi Quattro, a turbocharged pause was released to help with their aims in this sector.
In the early 21st century, Audi is continuing to flourish, with sales and revenue growing over a yearly most basic, and Audi continuing to be viewed as one of the most successful car companies ever. In 08, over a million models were sold, and the profit was around 3 trillion euros, with a turnover over ten times this. Audi provides career to over fifty 1000 people in countries worldwide and remains a strong force in the car industry today.