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Automotive Intelligence - the web for automotive professionals and car enthusiasts |
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December 11, 2008 This Week:
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Thanks to sales figures on the same high level as last years, AUDI AG succeeded in consolidating its market position in Germany. With a market share of 9.5 percent in November and 8.0 percent during the first eleven months, Audi achieved its best competitive position in its history as a premium manufacturer. In November, the brand delivered 22,178 vehicles to German customers (up 0.4 percent; 2007: 22,094). From January through November, it was a total of 232,444 units (an increase of 0.1 percent; 2007: 232,277). In China – Audi’s largest export market – and the USA, unfavorable market forces affected sales for the Ingolstadt-based premium manufacturer. In November, sales figures in the USA fell by 25.4 percent compared with November 2007 (6,788 vehicles; 2007: 9,104). For the first eleven months of 2008, the brand sold 80,049 units here: a year-on-year decrease of 5.8 percent (2007: 85,002). In China (including Hong Kong), November sales figures were down by 5.9 percent; Audi sold 8,173 automobiles here. Nevertheless, sales for the first eleven months of this year amount to 108,737 units – 17.5 percent higher than the prior-year figure. AUDI AG sold a total of 964,151 cars in 2007 and thus achieved its twelfth consecutive record year. With revenue of €33,617 million and profit before tax of €2,915 million, the company attained its best figures ever. Audi produces vehicles in Ingolstadt and Neckarsulm (Germany), Györ (Hungary), Changchun (China) and Brussels (Belgium). At the end of 2007, production of the Audi A6 and in October 2008, production of Audi A4 started in Aurangabad, India. The company is active in more than 100 markets worldwide. AUDI AG’s wholly owned subsidiaries include Automobili Lamborghini Holding S.p.A. in Sant’Agata Bolognese (Italy) and quattro GmbH in Neckarsulm. Audi currently employs around 57,000 people worldwide, including 45,000 in Germany. The brand with the four rings invests more than €2 billion each year in order to sustain the company’s technological lead embodied in its “Vorsprung durch Technik” slogan. Audi plans to significantly increase the number of models in its portfolio by 2015 to 40. (Dec 08, 2008)
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