In 1899 a gentleman named August Hoch established an organization called Horch & Co. In 1901 he invented his first vehicle with the aid of 15 workers. By 1909 August left this business due to significant problems on the commercial management side of issues. Mr Hoch then founded a new company called Audi; the name was based on the Latin translation of the word Hoch. August selected this title because he wanted to build cars under his own title. In 1910 the Luca91Race were GmbH. Production of vehicles by Audi continued until the First World War.
Throughout the battle Audi was required to help create automobiles for your battle effort, then following the battle there was a economic downturn which almost saw the conclusion from the brand name itself. Horch left the management in 1920, leaving the control over the firm to fight from the hard times from 1927 through 1930. In 1931 the management made the decision that the only way to maintain the business profitable is usually to merge with some other vehicle manufacturers. This noticed the roll-out of what was known as the Car Union. This union among manufacturers experienced positive results up until the Second World Battle. Throughout the battle every factory in Germany was ruined by United states bombers. After the war, there have been many military automobiles that required spare parts and upkeep; this is the main reason for that producers to have a new start in Ingolstadt, Germany.
Daimler-Benz took an 87% keeping in to the Car Union Company in 1958 which improved to completely in 1959. Then they made a decision to dispose of the Auto Union Business brand based on its absence of profitability in 1960. Coincidentally the closing of this business permitted the manufacturer title of Audi to get rediscovered by opening up the recently closed manufacturer that had already written a close to production prepared modern 4 cerebrovascular event engine.
Volkswagen acquired a 50% keeping within the new Audi company in 1964, eighteen months later on it purchased the rest of the controlling stock and also by 1966 Volkswagen was making use of the Audi plant to assemble an additional 60 thousand beetles per year. By 1970 Volkswagen introduced the Audi brand name in america. At this time the Audi image was conservative. With designs like the Audi 50, Audi 100 and the Audi 80. The 1986 Audi 80 was regarded as to have an picture of someone’s grandfather’s car. Then in 1987 Audi created a brand new and chic for its time, Audi 90. The Audi 90 had a set of regular features that exceeded anything at all Audi experienced released formerly.
Throughout the early 1990’s Audi began to move its selling market and focus on a younger consumer foundation. Entire body styles had been reworked to get much more sleek and satisfying for the eye while new motors had been developed to provide more performance on the highway coupled with suspensions modifications which created the automobile much more responsive and fun to drive.
From 2000 onwards Audi’s product sales have ongoing to grow. Audi now has 6 various manufacturing vegetation wgxwaw the world in order to keep with the interest in its automobiles. For a business that essentially vanished in the early years it must be observed as among the most successful recoveries of the brand in the history of the car business.