Are Volkswagen And Audi The Same Company
Porsche owns the majority of volkswagen shares although some are still available on the stock market and 20 are owned by the german state of lower saxony.
Are volkswagen and audi the same company. Consumer reports presents a basic road map to who owns which car brands among the major automotive companies that sell in the u s from acura to volvo and bmw group to zhejiang geely holding group. Established in 1937 as volkswagen the company that designed the iconic beetle vw became a group in the 1960s following the acquisition of auto union and nsu which merged to form audi. The acquisition volkswagen s first of many provided the. ˈaʊ di ʔaːˈɡeː is a german automobile manufacturer that designs engineers produces markets and distributes luxury vehicles audi is a member of the volkswagen group and has its roots at ingolstadt bavaria germany audi branded vehicles are produced in nine production facilities worldwide.
The audi brand has become much more successful and enjoyed record sales for 2016. They share motors seats etc very often but compete in different parts of the market. Vw and seat servicing the entry to mid sections audi handles the premium segments porsche the enthusiast and lamborghini providing vw esque in the superleague. The brands will continue to operate independently via the existing and new dealers and also implement their respective customer experience initiatives.
They re both part of the same family. Audi is positioned as a more powerful and luxurious option than volkswagen though several of their vehicles still share platforms and engineering. Volkswagen also owns skoda seat bentley and bugatti. Audi is a separate company but is wholly owned by volkswagen.
ˈfɔlksˌvaːgn known internationally as the volkswagen group is a german multinational automotive manufacturing company headquartered in wolfsburg lower saxony germany and indirectly majority owned by the austrian porsche and piëch families it designs manufactures and distributes passenger and commercial vehicles motorcycles engines and turbomachinery and. Despite some well publicized missteps volkswagen is still selling entry level german engineered cars. Not exactly in strict legal terms.