 | |
| Type | Private company, subsidiary of Volkswagen Group (FWB Xetra: NSU) |
|---|---|
| Founded | Zwickau, Germany 1909 [1] |
| Founder(s) | August Horch |
| Headquarters | Ingolstadt, Germany |
| Number of locations | production locations: Germany: Ingolstadt & Neckarsulm; Hungary: Győr; Belgium: Brussels;; China: Changchun; India: Aurangabad |
| Area served | Worldwide |
| Key people | Rupert Stadler Chairman of the Board of Management, Martin Winterkorn Chairman of the Supervisory Board (Volkswagen AG) |
| Industry | Automotive industry |
| Products | Automobiles, Engines |
| Revenue | ▲ € 33.617 billion (2007) [2] |
| Profit | ▲ € 2.915 billion (2007) |
| Total equity | 37.0%[citation needed] |
| Employees | 53,347 (2007) |
| Subsidiaries | quattro GmbH, Lamborghini S.p.A., Audi Hungaria Motor Kft |
| Website | Audi.com |
AUDI AG, (Xetra: NSU) is a German company which produces luxury cars under the Audi brand, pronounced /ˈaʊdi/. It is part of the Volkswagen Group. The name Audi is based on a Latin translation of the surname of the founder August Horch, itself the German word for “listen!"
Audi is headquartered in Ingolstadt, Bavaria, Germany and has been an wholly-owned (99.55%) subsidiary of the Volkswagen Group (Volkswagen AG) since 1964. Volkswagen Group relaunched the Audi name when it was acquired as part of Volkswagen's purchase of the Auto Union and NSU Motorenwerke AG (NSU) assets.
Audi's corporate tagline is Vorsprung durch Technik, meaning "Advantage through Technology". The German-language tagline is used in many European countries, including the United Kingdom, and in other markets, such as Latin America, Oceania and parts of Asia including Japan. A few years ago, the North American tagline was "Innovation through technology", but in Canada the German tagline Vorsprung durch Technik was used in advertising. More recently, however, Audi has updated the tagline to "Truth in Engineering" in the U.S.
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