Does Volkswagen Own Audi: (Answered)

Yes, Volkswagen does own Audi.

Does Volkswagen Own 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? In this article, we’ll take a closer look at the relationship between Volkswagen and Audi, and we’ll answer the question: does Volkswagen own Audi?

History of Volkswagen and Audi

Volkswagen was founded in 1937 by the German government. The company’s goal was to produce a car that was affordable for the average German citizen. The Volkswagen Beetle was the first car produced by Volkswagen, and it quickly became a global success.

Audi was founded in 1910 by August Horch. The company originally produced luxury cars, but it was forced to close down during World War II. After the war, Audi was purchased by Volkswagen.

Volkswagen’s Ownership of Audi

Volkswagen owns 100% of Audi. This means that Volkswagen has complete control over Audi’s operations. Volkswagen uses Audi to produce a variety of luxury cars, including the A4, A6, and A8. Audi also produces the R8 supercar, which is one of the most powerful cars on the market.

Benefits of Volkswagen’s Ownership of Audi

There are a number of benefits to Volkswagen’s ownership of Audi. First, it allows Volkswagen to tap into Audi’s expertise in luxury car production. This has helped Volkswagen to expand its lineup of luxury cars. Second, Audi’s strong brand image has helped to improve Volkswagen’s brand image. This has made Volkswagen more appealing to consumers who are looking for a premium car.

Conclusion

Volkswagen does own Audi. This has been a mutually beneficial relationship for both companies. Volkswagen has gained access to Audi’s expertise in luxury car production, while Audi has benefited from Volkswagen’s financial backing and global reach.

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FAQs: Does Volkswagen own Audi?

Q: Does Volkswagen own Audi?

A: Yes, Volkswagen does own Audi. Volkswagen acquired Audi in 1965 and has since been its parent company.

Q: What other brands does Volkswagen own?

In addition to Audi, Volkswagen also owns a number of other brands, including Bentley, Bugatti, Lamborghini, Porsche, and Seat.

Q: How many cars does Volkswagen sell each year?

Volkswagen is the world’s largest automaker, selling over 10 million cars each year.

Q: Where is Volkswagen headquartered?

Volkswagen’s headquarters are located in Wolfsburg, Germany.

Q: What is Volkswagen’s mission statement?

Volkswagen’s mission statement is to be the world’s leading provider of sustainable mobility.