What type of business is Audi?
AUDI AG is a German company that produces cars under the Audi brand. 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, Germany.
What does Audi as a brand stand for?
Audi stands for sporty vehicles, premium workmanship and progressive design – for “Vorsprung durch Technik”.
What is Audi’s strategy?
Audi launches “Vorsprung 2030” electrification strategy We view ourselves as a company that guarantees the freedom and individual mobility of our customers. We don’t simply develop technology for its own sake. It must be consequential and effective in keeping the world moving.
What is Audi’s purpose?
He goes on to say that Audi’s purpose is to “improve people’s lives through technology and to make a contribution to society.”
What do 4 rings on Audi mean?
Four interlocking rings symbolised the merger of four automobile manufacturers based in the German state of Saxony: Audi, DKW, Horch and Wanderer became Auto Union AG, then the second-largest motor vehicle manufacturing group in Germany.
Who is Audi’s biggest competitor?
Audi’s top competitors include Tesla, BMW Group, Ferrari, Tata Motors, Renault, Volvo Cars and Volvo Group. Audi is a company that designs, engineers, manufactures, and distributes automobiles.
What are Audis values?
Appreciation, openness, responsibility and integrity are the corporate values of Audi.
What is Audi’s brand promise?
Truth in engineering has been an apt summary of Audi’s brand promise, implying that a superior driving experience (both in performance and finish) is a natural expression of scientific devotion to pure engineering.
What do the 4 Audi rings mean?
It’s all about the Auto Union. The four rings represent four different automakers that merged in 1932 to create what was then called the Auto Union. The oldest of these automakers, Horch, was founded in 1899 by German engineer August Horch.
Why Audi Business Innovation GmbH?
We move people and shape the future. Audi Business Innovation GmbH (ABI) was launched by AUDI AG in 2013 as a wholly owned subsidiary with the goal of rethinking the automotive core business. As a digital product development and innovation company, we offer a profound product and IT expertise for user-centric solutions.
What is the Audi Group doing?
The Audi Group is among the world’s leading producers of premium cars. To play an instrumental role in shaping the transformation as we head into a new age of mobility the Company is implementing its strategy step by step.
What does Audi stand for?
Audi AG ( German: [ˈaʊ̯di ʔaːˈɡeː] ( listen)) (commonly referred to as Audi) is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. As a subsidiary of its parent company, the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.
What is the corporate management of Audi AG?
The corporate management of AUDI AG draws on its expertise and leadership to promote the interests of the Audi customers, the Audi shareholders and more than 90,000 employees around the globe.