Audi AG has been almost wholly owned by the Volkswagen Group since 1964. Headquartered in Ingolstadt, Bavaria, the company's tagline - 'Vorsprung durch Technik' means 'Advancement Through Technology.' The company has made significant inroads in the world of motor sports. The company has four rings in its logo that symbolize amalgamation of Audi with DKW, Horch and Wanderer. Over years, Audi has gained reputation as a maker of high performance luxury and sports cars.
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