About Jørgen Skafte Rasmussen
Lived 1878 – 1964 (aged 86). Jørgen Skafte Rasmussen was a Danish entrepreneur and inventor, known for Auto Union and DKW.
Jørgen Skafte Rasmussen (30 July 1878 – 12 August 1964) was a Danish engineer and industrialist who was one of the co-founders of Audi. and later automobile Framo. Rasmussen acquired a majority interest in Audi Automobilwerke in 1928, which four years later became Auto Union AG with the merger of Zschopauer Motorenwerke, Audi and others.
The Wall Street crash of 1929 and the following Great Depression hit Rasmussen's businesses hard, as demand for motor-bikes and passenger cars slumped. In 1930 the Saxony Regional Bank, which had financed Rasmussen's business expansion in the 1920s, installed Richard Bruhn (1886 – 1964) on the board of Audi and there followed a brutal pruning and rationalization of the various auto-businesses that Rasmussen had accumulated. The outcome was the founding of Auto Union in Summer 1932 with just four component businesses, being Audi, DKW, Horch and the car producing piece of Wanderer. The Auto Union group rapidly grew to become Germany's second auto producer, behind only Opel in terms of passenger car market share. After World War II, DKW moved to West Germany, with the original factory becoming MZ.
Rasmussen remained on the board until 1934 when he was removed following "differences" with fellow board members. He then left Zschopau and purchased an estate at Sacrow which today has become a district in Potsdam, and where he lived with his family till 1945. In 1945 he joined the flight from the Soviet army, relocating to Flensburg, and in 1947 he returned to Denmark.
From 1947 he lived in Hareskovby, where in the 1950s he built motor-bikes under the DISA name. After his 75th birthday he and his wife moved to Copenhagen.
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Important facts
People in Jørgen Skafte Rasmussen's life
Named in this biography and alive at the same time
Contemporaries
People whose lives overlapped Jørgen Skafte Rasmussen's
Frequently asked questions
Who was Jørgen Skafte Rasmussen?
Danish engineer (1878–1964)
When was Jørgen Skafte Rasmussen born?
Jørgen Skafte Rasmussen was born on 30 July 1878 in Nakskov.
When did Jørgen Skafte Rasmussen die?
Jørgen Skafte Rasmussen died on 12 August 1964 in Copenhagen.
What was Jørgen Skafte Rasmussen's occupation?
Jørgen Skafte Rasmussen was an entrepreneur and inventor.
What was Jørgen Skafte Rasmussen known for?
Jørgen Skafte Rasmussen was known for Auto Union and DKW.
What nationality was Jørgen Skafte Rasmussen?
Jørgen Skafte Rasmussen was Danish.
Sources & further reading
· Wikipedia: Jørgen Skafte Rasmussen
· DBpedia: Jørgen Skafte Rasmussen
Cite this page
APA: Biography.guide. (2026). Jørgen Skafte Rasmussen. https://biography.guide/jorgen-skafte-rasmussen/
MLA: "Jørgen Skafte Rasmussen." Biography.guide, https://biography.guide/jorgen-skafte-rasmussen/.
Chicago: "Jørgen Skafte Rasmussen." Biography.guide. https://biography.guide/jorgen-skafte-rasmussen/.
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