Virtual Training and Intelligent Algorithms: Audi Is Counting on “Smart Logistics”

[gallery link="none" columns="1" size="full" ids="43450"] source: Audi AG Digital technologies are increasingly simplifying international logistics Experts with extensive IT skills are in high demand Shelves that label themselves, cooperation in virtual spaces, and high-performance computers that make autonomous decisions: In the Supply Chain department at Audi, this is no longer a future vision - as is demonstrated by selected examples at different production sites. The company teste...

Where Innovation Happens: Experts Discuss Ideas For Future Mobility At The MQ! Innovation Summit In Beijing

[gallery link="none" columns="1" size="full" ids="39724"] source: Audi AG MQ! Innovation Summit for the first time in China Gaby-Luise Wüst, President of Audi China: “The future is being made in China” Innovative ideas and future mobility solutions elaborated in 13 workspaces Under the motto #neverstopquestioning, Audi has gathered pioneers, visionaries and technical experts from all over the world in Beijing for the third MQ! Innovation Summit. The core question r...

Audi Increases Upfront Expenditure For Electric Mobility

[gallery link="none" columns="1" size="full" ids="39507"] source: Audi AG Consistently electric: plans for upfront expenditure totaling approximately €37 billion by 2024, thereof about €12 billion solely for electric mobility CFO Seitz: “The planning round supports our course of accelerated electrification.” Audi Transformation Plan has freed up more than €4 billion since it was started Fundamental agreement on Audi.Zukunft has positive implications for long-term competitiveness ...

Audi Concludes Fundamental Agreement With Works Council On Economic And Forward-Looking Realignment

[gallery link="none" columns="1" size="full" ids="39509"] source: Audi AG Platform-oriented allocation of models to plants and optimized plant capacities to make German sites sustainably fit for the future Job guarantee for AUDI AG employees agreed upon for the next decade Positive impact on earnings totaling around 6 billion euros until 2029 A new era is dawning. Audi is taking sustained action for greater economy, flexibility and secure jobs. The Board of Management a...

Markus Duesmann to be new Audi CEO

[gallery link="none" columns="1" size="full" ids="38413"] source: Audi AG Duesmann to succeed Bram Schot on April 1, 2020 Supervisory Board Chairman Dr. Diess: “Markus Duesmann will do everything in his power to leverage the great potential of the Audi brand” / “Thank you to Bram Schot for his very successful work in a critical phase” Chairman of the General Works Council Mosch: “We expect courage to take the lead through technology” / “Bram Schot started the cult...

Dynamic Driving Simulators: Why They Will Make Decisions About The Audis Of The Future

[gallery link="none" columns="1" size="full" ids="38241"] source: Alexander Stiehle  for Audi AG Developing, testing, and experiencing the feeling of driving — in the driving simulator, engineers test the driving performance of new Audi models before they hit the roads. Audi author Alexander Stiehle was “on the road” in one. He had heaps of fun and, while he was at it, learned how the simulator saves time and money during development. One minute and 54 seconds — the results of my fi...

Digital Trends: Audi Balances Carsharing, EVs, And Sports Cars As It Prepares For The 2020s

[gallery columns="1" size="full" ids="33622"] source: Digital Trends Digital Trends sat down with some of Audi's top executives to learn about how the company sees itself evolving during the 2020s. Audi introduced two completely different cars during the 2019 Frankfurt Auto Show. Its go-fast Audi Sport division presented the second-generation RS 7, a 600-horsepower fastback powered by a sonorous V8 engine. The company also unveiled a highly futuristic design study named AI:Trail (...

Audi Delivers Around 155,350 Automobiles In July

[gallery link="none" columns="1" size="full" ids="32367"] source: Audi AG WLTP extraordinary effects had a major impact on deliveries in prior-year period Hildegard Wortmann, Member of the Board of Management for Sales and Marketing: “Managed to clearly stabilize sales situation year-on-year” China up 6.0 percent, setting new record for July deliveries Audi delivered around 155,350 automobiles to customers worldwide last month. This represents a decrease of 6.1 perce...

After A Challenging First Half of the Year: Audi Group Confirms Earnings Forecast for 2019

[gallery link="none" columns="1" size="full" ids="31295"] source: Audi AG Audi Group after six months of year: revenue of €28.8 billion; operating profit of €2.3 billion; operating return on sales of 8.0 percent Ongoing high level of net cash flow of €2.3 billion due to spending discipline CFO Alexander Seitz: “With the Audi Transformation Plan, we are taking consistent action against numerous adverse factors” All-electric Audi e-tron to be launched a...

Audi Closes May with Around 151,900 Automobiles Sold

source: Audi AG Growth in Western Europe Vice President Global Marketing and Sales Martin Sander: “Expect positive momentum in the second half of the year” Model changeovers have adverse effect on business in United States and China AUDI AG delivered around 151,900 premium automobiles to customers worldwide in May. As such, deliveries were down 5.4 percent year-on-year. In Western Europe, the company closed the month over last year (+1.5%); the increase in demand in...

Audi Delivered Around 140,300 Automobiles to Customers in April

source: Audi AG Model changeovers and challenging market environment impact deliveries to customers Vice President Global Marketing and Sales Martin Sander: “Renewal of our product range still requires a major effort” Deliveries down 5.9 percent since the start of the year AUDI AG delivered around 140,300 cars to customers worldwide in April, down 12.8 percent year-on-year. Model changeovers affecting volume models such as the Audi A6 continued to have an adverse e...

Audi AG: First Quarter of 2019 Still Affected by Adverse Factors

source: Audi AG Audi Group: revenue of €13.8 billion; operating profit of €1.1 billion; operating return on sales of 8.0 percent Key financials reflect deconsolidation of multi-brand import companies CFO Alexander Seitz: “We are some distance away from our own targets and aim to make considerable progress with our cost structures” As expected, the Audi Group has embarked upon a very challenging financial year 2019. First-quarter revenue and operating profit d...

Live from Shanghai: AUDI AG Press Conference

source: Audi AG The Audi electric initiative continues with two world premieres at Auto Shanghai Concept car offers a preview of autonomous driving in an urban space Live broadcast of Audi Press Conference via satellite, internet and smart TV Audi is presenting two world premieres at China’s most important motor show in Shanghai from April 16 to 25. The brand with the four rings is augmenting its all-electric product range with the Audi Q2L e-tron, which was speciall...

Audi Delivered Around 182,750 Premium Automobiles to Customers in March

source: Audi AG New record-breaking figures in China and the United States Domestic market Germany up 6.8 percent Vice President Global Marketing and Sales Martin Sander: “Powering ahead into the electric era with the market introduction of the Audi e-tron” AUDI AG delivered around 182,750 cars to customers worldwide in March. As such, deliveries were down just 0.5 percent on the prior-year level. The company set new record-breaking figures in China and the United States. Thi...

Audi Starts 2019 With Around 144,650 Automobiles Sold

source: Audi AG January close down 3.0 percent Strongest start to the year ever in China Vice President Marketing and Sales Martin Sander: “Electrification as focus topic for 2019” AUDI AG delivered around 144,650 cars to customers worldwide in January. As such, sales performed positively in the two largest markets. In China the company achieved its best January result in its history, with sales up 5.1 percent to 64,000 units sold. In the German domestic market the ...

Bram Schot to be The New Chairman of the Audi Board of Management

source: Audi AG Appointed as of January 1, 2019 Audi Supervisory Board Chairman and Volkswagen CEO Dr. Herbert Diess: “We have laid important groundwork for Audi’s future orientation.” Peter Mosch, Deputy Chairman of the Supervisory Board and Chairman of the General Works Council: “Workforce expects further impetus for the new start at the company.” The Supervisory Board of AUDI AG has appointed Bram Schot as the Chairman of the Board of Management effective...

AUDI AG After Three Quarters: Key Financials Impacted By Extraordinary Factors

source: Audi AG WLTP changeover and numerous model changes: 8.3% operating return on sales before special items for the first three quarters, 6.5% after special items Special item affecting earnings of €800 million fine imposed by Munich II Public Prosecutor’s Office in the third quarter Interim CEO Bram Schot: “We are meeting enormous challenges and expect fluctuations to decrease as of November” CFO Alexander Seitz: “We anticipate positive earnings effects of €...

European Dealer Council: Audi And European Sales Partners Shape The Retailing Of The Future

source: Audi AG Audi takes its premium retailing to the next level: A new era of car buying begins with the start of the new contracts Digitalization, electrification and mobility concepts as important growth drivers and boost to the used-car business New contracts in the European markets to be returned by November, taking effect in April 2020 AUDI AG and the European Dealer Council exchange views on the future business model and discussed growth areas at the conference...

Munich II public prosecutor concludes regulatory offences proceedings by issuing administrative order imposing a fine (Bußgeldbescheid) / AUDI AG accepts the fine and, by doing so, admits its responsibility

source: Audi AG Administrative order imposes a fine of EUR 800 million due to deviations from regulatory requirements in the context of certain V6 and V8 diesel aggregates and diesel vehicles manufactured or distributed by AUDI AG Regulatory offences proceedings conducted against AUDI AG by Munich II public prosecutor will thus be finally terminated  AUDI AG accepts the fine and, by doing so, admits its responsibility The Munich II public prosecutor today issued an adm...

Exceptional Situation in Europe Adversely Affects AUDI AG Deliveries in September

source: Audi AG Down 22.0 percent in the month, year as a whole up 2.0 percent year-on-year Growth in China and North America, negative extraordinary effects in Europe Interims-CEO and Sales chief Bram Schot: “We expected challenging months and are responding actively to the situation” AUDI AG delivered around 139,150 cars to customers worldwide in September, a decline of 22.0 percent on the 2017 record-breaking figure. Following above-average sales results in Eur...