From Porsche press: Responding to the energy crisis in the mid-70s, VW decided to cancel a joint sports car project planned with Porsche. As a result Porsche created the 924 as its own entry-level model leading into the range.

Right from the start, the first model was characterised by its large glass tailgate as a striking design feature. The 924 with its water-cooled front-mounted engine and transaxle configuration entered production at the Audi Plant in Neckarsulm in 1974.