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Yatin sudan-2020982078
Gurveen singh-2020982083
Siddhant-2020984022
Ishan-2020982059
INTRODUCTION
Audi AG (German: [ˈaʊ̯di ʔaːˈɡeː] ( listen)) (commonly referred to as Audi) is
a German automotive manufacturer of luxury vehicles headquartered
in Ingolstadt, Bavaria, Germany. As a subsidiary of its parent company,
the Volkswagen Group, Audi produces vehicles in nine production facilities
worldwide.
The origins of the company are complex, going back to the early 20th century and
the initial enterprises (Horch and the Audiwerke) founded by engineer August Horch;
and two other manufacturers (DKW and Wanderer), leading to the foundation of Auto
Union in 1932. The modern era of Audi essentially began in the 1960s when Auto
Union was acquired by Volkswagen from Daimler-Benz.[10] After relaunching the Audi
brand with the 1965 introduction of the Audi F103 series, Volkswagen merged Auto
Union with NSU Motorenwerke in 1969, thus creating the present-day form of the
company.
The company name is based on the Latin translation of the surname of the
founder, August Horch. Horch, meaning "listen" in German, becomes audi in Latin.
The four rings of the Audi logo each represent one of four car companies that
banded together to create Audi's predecessor company, Auto Union. Audi's slogan
is Vorsprung durch Technik, meaning "Being Ahead through Technology". [11] Audi,
along with fellow German marques BMW and Mercedes-Benz, is among the best-
selling luxury automobile brands in the world.
VISION
Audi vision statement is “Audi- the premium brand.” This statement is a reflection
of the ambitions of this corporation, which is to set a standard in the automobile
niche. The statement has the following components:
1. Premium brand
2. Impacting the globe
Ever since its early days, Audi has strived to out-win its competitors with its
exceptional designs. There is no doubt that it has succeeded in this purpose over the
years, considering the value and global reputation that it enjoys today.
SITUATION
HOWEVER
Audi’s success has lead to apathy from dealerships- potentially leading to
poorer service and customer experiences.
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