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Audi

Audi
Company nameAudi
Company typePrivate company
(FWB Xetra: )
IndustryAutomotive industry
FoundedZwickau, Germany (16 July 1909)
Founder(s)August Horch
HeadquartersIngolstadt, Germany
No. of locationsProduction locations:
Germany:
Ingolstadt & Neckarsulm
Hungary: Győr
Belgium: Brussels
China: Changchun
India: Aurangabad
Brazil: Curitiba
Area servedWorldwide
Key peopleRupert Stadler
Chairman of the Board of Management,
Wolfgang Egger
Head of Design
ProductsAutomobiles, Engines
Production output (+)1,143,902 units (2010)
(only Audi brand)
Revenue-35.441 billion (2010)
(US$52.57 billion USD)
(including subsidiaries)
Net income-1.850 billion (2009)
(US$2.74 billion USD)
Total assets-16.832 billion (2009)
(US$25 billion USD)
Total equity-3.451 billion (2009)
(US$5.12 billion USD)
Employees46,372 (2009)
ParentVolkswagen Group
Subsidiary
*Audi do Brasil e Cia (Curitiba, Brazil) *Audi Hungaria Motor Kft. (Györ, Hungary) *Audi Senna Ltda. (Brazil) *Automobili Lamborghini Holding S.p.A (Sant'Agata Bolognese, Italy) *Autogerma S.p.A. (Verona, Italy) *quattro GmbH (Neckarsulm, Germany)

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Audi AG (Xetra: ) is a German automobile manufacturer, from supermini to crossover SUVs in various body styles and price ranges that are marketed under the Audi brand (-deˈaʊdi), positioned as the premium brand within the Volkswagen Group.

The company is headquartered in Ingolstadt, Germany, and has been a wholly owned (99.55%) subsidiary of Volkswagen AG since 1966, following a phased purchase of its predecessor, Auto Union, from its former owner, Daimler-Benz. Volkswagen relaunched the Audi brand with the 1965 introduction of the Audi F103 series.

The company name is based on the surname of the founder August Horch, his surname meaning listen in German-which, when translated into Latin, becomes Audi. The four rings each represent individual car companies that banded together to create the union


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