The Steam Dream That Failed
Jørgen Skafte Rasmussen moved from Denmark to Germany with a dream of building steam-powered vehicles. He called his company DKW (Dampf-Kraft-Wagen or "Steam Power Vehicle"). The steam car was a failure, but Rasmussen was a master of pivoting. He developed a tiny, reliable two-stroke toy engine and rebranded DKW as Das Kleine Wunder ("The Little Wonder"). This engine became a hit, powering bicycles and eventually making DKW the world's largest motorcycle manufacturer by the late 1920s.
The Front-Wheel Drive Pioneer
Rasmussen wasn't satisfied with two wheels. He wanted to build cars. In 1931, he launched the DKW F1, one of the first mass-produced front-wheel-drive cars in history. Its lightweight design and two-stroke engine made it affordable and incredibly popular, proving that front-wheel drive was the future of compact cars.
Saving Audi
Rasmussen's most lasting legacy involves a business deal. In 1928, he bought the struggling Audi factory in Zwickau. Without his capital and his small engines, the Audi brand would have disappeared. Four years later, under pressure from the banks, he merged DKW and Audi with Horch and Wanderer to form Auto Union. The four interlinked rings of the modern Audi logo represent these four companies, but it was Rasmussen's DKW that provided the high-volume sales that kept the group alive during the difficult 1930s.