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source: Audi AG
Volumes and key financials significantly impacted by regulatory and economic consequences of corona crisis
Lockdowns and closed dealerships worldwide: Audi delivered 352,993 cars to customers in a difficult first quarter
Revenue of €12.5 billion, operating return on sales of 0.1 percent
Net cash flow of approximately €1 billion, net liquidity of €18.8 billion
CFO Arno Antlitz: “Audi is in a ro...
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source: Audi AG
Design with a focus on the extended lateral line and coupé-like roof
TDI and TFSI engines with high efficiency and strong performance
Digital cockpit and touch display as standard, multitude of connect services
The second generation of an Audi success story is here – the A3 Sedan. The compact four-door model is digitally and fully connected – from the infotainment through to the assist systems. Beneath the elegan...
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source: Audi AG
The Audi plants in Europe will slowly return to normality by the end of the month
Board of Management Member for Production Peter Kössler: “The focus is on a safe working environment”
General Works Council Chairman Peter Mosch: “Numerous measures are being taken to ensure that the employees’ health is protected”
Audi will gradually initiate the restart of production at its plants in Europe during the coming...
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words: Bill, source: Audi AG
Who here has never been to Ingolstadt *raises hand*? Wait...I'm the only one? Ok well I guess I'll watch this stream myself. Audi knows that we are all cooped up so they are trying to alleviate our boredom through a coloring book, tech talks, a 4-hour tour of the Australian countryside and now a virtual tour of Ingolstadt. If you are interested, you will have to book an interactive tour onl...
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source: Audi AG
CEO Bram Schot: “Exceptional situation due to corona: we are focusing on protecting our employees, contractors and guests and making the right business decisions in this volatile environment.”
In a difficult environment, Audi achieves its financial targets for 2019
Operating profit of €4.5 billion; 8.1 percent operating return on sales is within forecast corridor for 2019
Net cash flow slightly above...
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source: Audi AG
Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen AG and Chairman of the Supervisory Board of AUDI AG: “We are pooling our strengths for a competitive positioning. With Markus Duesmann, Audi will take the lead for research & development at the Volkswagen Group”
Audi CEO Bram Schot: “The new structure will strengthen Audi’s role within the Volkswagen Group”
Peter Mosch, Deputy ...
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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...
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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...
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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
...
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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...
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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...
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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...
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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 (...
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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...
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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...
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...
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...
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...
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...
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...