Are Both Mercedes-Benz and Audi Owned by Volkswagen?
1 Answers
Audi is a brand under Volkswagen, while Mercedes-Benz does not belong to Volkswagen. Volkswagen Brands: The Volkswagen Group in Germany owns eight major brands, which are Bentley, Volkswagen, Skoda, Audi, Bugatti, SEAT (a Spanish brand), Lamborghini, and the newly added Porsche. Mercedes-Benz Brand: Mercedes-Benz is a renowned German automotive brand known for luxury and high performance, headquartered in Stuttgart, Germany, and is a member of the Daimler AG. Its product lineup includes various passenger cars and medium to large commercial vehicles. In June 2021, Kantar released the "2021 Top 100 Most Valuable Global Brands" list, where Mercedes-Benz ranked 67th with a brand value of $25.835 billion.