Audi is owned by Volkswagen Group (Germany, XETRA: VOW3), which acquired the brand on 1 January 1966.[1][2] Audi was founded in 1909 in Ingolstadt and was independent until 1966.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Audi's four rings represent the four companies that merged to form Auto Union in 1932, and its name is a Latin translation of its founder's surname Horch, which means listen. Its quattro all-wheel drive system transformed rallying in the 1980s.
Volkswagen acquired Auto Union from Daimler-Benz in stages through the mid-1960s, and revived the Audi name that had been dormant since before the war. The four rings represent the four companies that merged to form Auto Union in 1932. Only the year is documented here.