Audi owns Audi, Porsche, Seat, Lamborghini and other brands

Volkswagen is a multinational automobile group with production plants in many countries around the world, ranking among the top ten in the world. The leader of the major car companies. The company's headquarters was moved to Berlin and is still located in Wolfsburg.

Extended information:

The price war triggered by foreign automobile manufacturers has caused various automobile companies to suffer heavy losses. The German auto industry is finding it difficult to solve these financial problems on its own and needs the support of bank loans.

As a result, the Bank of Saxony met Rasmussen’s loan needs and laid the foundation for the expansion of the Rasmussen Group. Thereafter, in order to maintain its interests in the automobile industry, Saxony Bank established the Automobile Alliance based on four companies, with total assets of 14.5 million German marks.

Auto Alliance owns four brands and products: Audi, DKW, Horch and Wanderer. But it took quite some time to develop a unified group philosophy and make it work in these very traditional companies.

Reference: Baidu Encyclopedia Audi