Do Audi Own Volkswagen: (Get Answer)

Yes, Audi is a subsidiary of Volkswagen Group.

Do Audi Own Volkswagen?

Overview

Audi and Volkswagen are two of the world’s largest automakers, and they have a long history of collaboration. In 1965, Volkswagen acquired a 50% stake in Audi, and in 2012, Volkswagen increased its stake to 100%. This means that Audi is now a wholly-owned subsidiary of Volkswagen.

History

The history of Audi and Volkswagen is a complex one, but it can be boiled down to a few key moments.

In 1909, August Horch founded the Audi Automobilwerke GmbH in Zwickau, Germany.
In 1932, Audi merged with DKW, Horch, and Wanderer to form Auto Union.
In 1965, Volkswagen acquired a 50% stake in Auto Union.
In 2012, Volkswagen increased its stake in Auto Union to 100%.

Current Status

Today, Audi is a wholly-owned subsidiary of Volkswagen. Audi is headquartered in Ingolstadt, Germany, and it employs over 60,000 people worldwide. Audi produces a wide range of vehicles, including sedans, coupes, SUVs, and sports cars.

Conclusion

Audi and Volkswagen are two of the world’s most successful automakers, and they have a long history of collaboration. Audi is now a wholly-owned subsidiary of Volkswagen, and it continues to produce a wide range of high-quality vehicles.

You May Also Like to Read: Is A Volkswagen Jetta A Good Car

FAQs

Does Audi own Volkswagen?

No, Audi does not own Volkswagen. Volkswagen is a publicly traded company, and Audi is a subsidiary of Volkswagen.

What is the relationship between Audi and Volkswagen?

Audi is a wholly owned subsidiary of Volkswagen. This means that Volkswagen owns all of the shares of Audi.

Who owns Audi?

Audi is owned by Volkswagen. Volkswagen is a publicly traded company, and its shares are traded on the Frankfurt Stock Exchange.

How many cars does Audi sell?

In 2021, Audi sold over 1.7 million cars worldwide. This makes Audi the sixth-largest automaker in the world.

What is the difference between Audi and Volkswagen?

Audi and Volkswagen are two different brands of cars. Audi is a luxury brand, while Volkswagen is a mass-market brand. Audi cars are typically more expensive than Volkswagen cars.