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Founded in 1909 by August Horch, Audi is a luxury vehicle manufacturer headquartered in Bavaria, Germany. Currently a subsidiary of the Volkswagen Group, its name is a Latin translation of its founder’s surname. Audi is best known for being one of the best-selling luxury automobile brands in the world, producing millions of vehicles every year.
Audi's first automobile was the 1910 Audi Type A, of which 140 total vehicles were produced. The car had a 4-cylinder 4-stroke ginge, and was capable of reaching speeds up to 75 km/h (46 mph). The Audi Type A initially sold for 8500 Reichsmark, or $2125 USD (The equivalent of over $58,162 in current value). Today, Audi makes a variety of sedans, hatchbacks, SUVs, and compact cars. Its current model lineup includes the e-tron, e-tron GT, Q3, Q4, Q5, Q7, Q8, A3, A4, A5, A7, A8, TT, and R8. Audi’s highest selling year since 2005 was 2019, in which it sold 224,111 units in the US alone.
Audi recently announced it will cease developing internal combustion engine vehicles by the end of 2026, focusing its efforts entirely on its electrified lineup. The company intends to make battery-powered models but will continue to sell gasoline, diesel, and hybrid cars until the early 2030s. It plans to make electrified versions of its current model lineup, building off of the success of its e-tron series.