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Total German car production was set at a maximum of 10% of the 1936 car production numbers. [28] The company survived by producing cars for the British Army, and in 1948 the British Government handed the company back over to the German state, and it was managed by former Opel chief Heinrich Nordhoff. The Audi F103, in production from 1965 to 1972
In 2014 Audi became the last major German car company, after Volkswagen, BMW and Daimler, to commission a study of their wartime activities. [20] The investigation found that the company worked with the SS to build seven labor camps where more than 3,700 prisoners were put to work for Auto Union. [21]
The former company owned the historic Audi brand, which had disappeared after the Second World War. VW ultimately merged Auto Union and NSU to create the modern Audi company, and would go on to develop it as its luxury vehicle marque. The purchase of Auto Union and NSU was a pivotal point in Volkswagen's history, as both companies yielded the ...
In 1969, the company was taken over by Volkswagenwerk AG, which merged NSU with Auto Union, the owners of the Audi brand which Volkswagen had acquired five years earlier. The new company was called Audi NSU Auto Union AG and represented the effective end of the NSU marque with all future production to bear the Audi badge (although retaining the ...
Volkswagen's listing of Porsche last Thursday, floating 12.5% of the sportscar brand on the stock market, prompted speculation of further listings as a means of unlocking value in the group that ...
Horch (German pronunciation: ⓘ) was a German car manufacturer, which traced its roots to several companies founded in the very late 19th and early 20th century by August Horch. It is one of the predecessors of the present day Audi company, which itself resulted from the merger of Auto Union Aktiengesellschaft (AG) and NSU Motorenwerke in
The following list of Audi vehicles, including past and present production models, as well as concept vehicles and limited editions. The current era of Audi production dates to 1968, when present-day owner Volkswagen Group , which had purchased Auto Union from Mercedes-Benz in 1965, debuted the first modern Audi-branded vehicles.
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.