August Horch founded the Audi company in 1909 in Germany after leaving another automaker called Horch. He chose the name Audi, which is the Latin translation of "Horch". Within a few years, Audi became well known in Europe for its racing successes. In 1932, Audi merged with other car companies Horch, DKW, and Wanderer to form Auto Union AG. Today, Audi is a subsidiary of the Volkswagen Group and is headquartered in Ingolstadt, Germany, where it develops advanced automotive technologies and works towards developing future mobility solutions and autonomous vehicles.