Audi is a German automotive subsidiary of the Volkswagen Group. It is headquartered in Ingolstadt, Bavaria, Germany. Audi gains its success in the premium motor market by offering automobiles with great power, elegant appearance, and high-performing auto parts. The brand has a history of more than 100 years. On 16 July 1909, August Horch founded the August Horch Automobilwerke GmbH in Zwickau. Due to his son's suggestion, the founder changed the name to "Audi" in 1910. It means "hear" in Latin. The oldest automobile of the brand was the Type A. It was introduced in 1910 with advanced auto parts. And it was succeeded by Type B in the same year.
In 1920, Horch left the corporation for a high position at the ministry of transport, but he remained involved as a board member. In August 1928, Dampf-Kraft-Wagen acquired the majority of shares in the company. Rasmussen bought the remains of the automobile manufacturer Rickenbacker in the same year. In 1932, it merged with Horch, DKW, and Wanderer, to form Auto Union AG, Chemnitz. It used the badge of the four interlinked rings to stand for the four brands.
After the Second World War, the Union executives relocated the corporation to West Germany in Ingolstadt, Bavaria. It became the headquarter of the reformed corporation in 1949. It started to assemble the pre-war models and produce auto parts in the place. In 1959, Daimler-Benz took a 100% holding in the company. However, Daimler-Benz sold the company's business for its lack of profitability in the 1960s. Volkswagen acquired a 50% holding in the brand in 1964. The Audi 100 and 200 (and sometimes called Audi 5000 in North America) were the first successful vehicle during that time. It is a mid-size/executive car made from 1968 to 1997 across four generations. In 1969, the corporation merged with NSU. The 80 was followed in 1972. It was a compact executive car produced from 1966 to 1996. The 100 and the 80 became the brand's biggest sellers for their high performance, reasonable prices, and advanced OEM parts.
In 1985, the company's official name was shortened to Audi AG. In the early 1990s, Audi began to change to an upscale market. Audi released a four-door, full-size luxury sedan called V8. It was the first car from the automaker to use a V8 engine and other luxury OEM parts. As its descendant, the Audi A4 was launched in 1994. Because of its excellent performance, elegant accessories, and high-quality auto parts, the Audi A4 won the affection of car buyers till now.
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