Is Audi still owned by VW?
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group’s original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen Group currently owns twelve brands, including Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, Audi, Porsche, and MAN in Germany, SEAT in Spain, Škoda in the Czech Republic, Bentley in the United Kingdom, Lamborghini and Ducati in Italy, Bugatti in France, and Scania in Sweden.Yes, Volkswagen Group is Porsche’s parent company. Volkswagen and Porsche merged in 2011. Volkswagen Group is also the parent company of various other luxury car brands, including Audi, Bentley, Bugatti, and Lamborghini.Amongst the three largest auto manufacturing groups based in Germany, Volkswagen Group produced the most revenue from worldwide operations in 2024 with nearly 325 billion euros generated.Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A wholly owned subsidiary of the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide.
How are VW and Audi related?
Does Volkswagen Own Audi? Yes. Audi is a member of the larger Volkswagen Group headquartered in Bavaria, Germany. The Volkswagen Group owns a wide array of additional automotive brands, including Bugatti, Porsche, Bentley, Lamborghini, and more! Volkswagens are practical, well-engineered cars that offer great value, while Audis cater to drivers looking for a more luxurious and high-performance experience.Since 2012, the Company is part of the Volkswagen Brand portfolio directly controlled by Audi.Audi, which heads the Progressive brand group within the Volkswagen Group, took over management responsibility for Bentley on March 1, 2021. As a result, the brand group now incorporates the Audi, Lamborghini, Ducati and Bentley brands. The Bentley brand was consolidated effective January 1, 2022.This change took effect from 16 November 2020, when Audi became a wholly owned subsidiary of the Volkswagen Group. In January 2021, Audi announced that it is planning to sell 1 million vehicles in China in 2023, comparing to 726,000 vehicles in 2020.Highly profitable, a leading innovator and strongly positioned on all volume markets with top-class products, Audi enjoys an outstanding position within the Volkswagen brand alliance, and its significance for the future of the Volkswagen Group cannot be overstated.
When did VW buy Audi?
Volkswagenwerk AG acquired the majority of shares in Auto Union GmbH in December 1964, with Audi becoming a fully owned VW subsidiary from the end of 1966. Technically, yes. Porsche and Volkswagen merged in 2011. At that time, Porsche was designated a subsidiary of Volkswagen AG (interestingly, besides being the Porsche parent company, VW also owns Audi, Bugatti, and Lamborghini).The actual Porsche AG is 100% owned by the Volkswagen AG (the Porsche AG is the company that actually produces cars). So basically VW owns the car part of Porsche, but is itself partly owned by Porsche’s holding Company.Porsche started as a subsidiary of the Volkswagen Auto Group – and they certainly weren’t the only ones. The VW AG also owns Audi, Bugatti, and Lamborghini.
Does VW own BMW?
No. BMW is an independent company that owns MINI and Rolls-Royce, and is not part of VW Group. Several brands are commonly mistaken as VW subsidiaries: BMW – Independent German premium car maker. Mercedes-Benz – Independent luxury brand. Ford, Toyota, Honda – Non-European mass-market brands.Rolls-Royce Motor Cars Limited is a British luxury automobile maker that has operated as a wholly owned subsidiary of BMW AG since 2003 – as the exclusive manufacturer of Rolls-Royce-branded motor cars.No. BMW is an independent company that owns MINI and Rolls-Royce, and is not part of VW Group.
Does Audi use VW engines?
Common Components In addition to platforms, VW and Audi often share a significant number of components. Many engines are shared between VW and Audi models, especially the 4-cylinder variants. However, some Audi RS models and specific high-performance versions boast unique power plants that VW models don’t share. The Volkswagen-Audi V8 engine family is a series of mechanically similar, gasoline-powered and diesel-powered, V-8, internal combustion piston engines, developed and produced by the Volkswagen Group, in partnership with Audi, since 1988.Common Components In addition to platforms, VW and Audi often share a significant number of components. Many engines are shared between VW and Audi models, especially the 4-cylinder variants. However, some Audi RS models and specific high-performance versions boast unique power plants that VW models don’t share.