preview

Essay On Audi

Decent Essays

The company has a strategic goal is to develop as the world’s leading brand in the premium automobile segment. This vision is the core of Audi's 10 year strategy called Strategy 2020 spanning from 2010 to 2020.

According to Forbes.com Audi has a brand value of $12.8 Billion Dollars making it one of the most valuable brands in the world (39th Rank in Forbes study as of May 2015). Audi has maintained it's logo since 1932. The four interlinked rings that represent the car company's emblem dates back to 1932 when four German auto companies merged together to form Auto Union, which was an Audi predecessor. Details about the logo evolution has been covered in the earlier section

Audi has a goal to become the worlds largest luxury car brand by 2020. This is an ambitious goal and Audi has outline this process in it's Strategy 2020. Audi has an ambitious …show more content…

In this “cyber store,” the brand’s entire model line-up can be be experienced and observed digitially. This aligns with the Brand slogan “delivering through technology)
Thus the company is aiming to align it's product as the point of focus for defining the brand. Concentrating on technology and design. A brand consists of tangible and intangible assets. Audi is concentrating on improving the tangible assets of the brand ie the cars created by Audi. As outlined earlier the company is going for an aggressive launch strategy and is doing continuous innovation.
Audi also provides services to customers by helping customers to sell their existing Audi , this service provided by Audi wins a lot of trust and goodwill from New customers. The company does a 110 point check on an old Audi before declaring the car fit for sale. They also offer good features to the new customer by offering a 30 day Back guarantee in case any issue is found with the Pre-owned car thus building brand trust. This also shows the commitment of Audi towards the Customer facet of the

Get Access