Audi Starts 2010 With Big Results Surge

Audi Starts 2010 With Big Results Surge
- Audi achieves a new sales record of 360,760 deliveries in the January to April period
- First-quarter operating profit up more than 30 percent to €478 million

INGOLSTADT, Germany, May 20, 2010 - Audi has made a successful start to the 2010 fiscal year. The Ingolstadt-based carmaker sold 360,760 units in the first four months of the year – a new record for the Company. “We are making very good progress, and we will keep our foot on the accelerator,” said Rupert Stadler, Chairman of the Board of Management at AUDI AG, at the Company’s Annual General Meeting.

The Audi brand achieved double-digit growth rates in all its sales regions across the world in the first four months of the year. Unit sales were 23.7 percent up on the comparative period last year. “And we will keep our foot on the accelerator. For the second quarter we expect to see further growth, not least thanks to the new-generation A8 which has recently gone on sale. In the second half of the year our entry-level A1 model will deliver additional momentum,” Stadler comments.

The Company’s global unit sales growth is also reflected in its financial performance indicators for the first quarter. In the first three months of the year Audi generated revenue of €8,260 million (2009: €6,700 million), up 23.3 percent on last year. Operating profit rose more than 30 percent to €478 million (2009: €363 million), registering an increase well ahead of the rate of rise in revenue.
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1dott81dott8 - 5/20/2010 3:44:38 PM
+1 Boost
Go Audi!!!


NeverfollowNeverfollow - 5/21/2010 8:58:15 PM
+1 Boost
I have the freshly released 2009 annual report on my desk. Yes, the numbers are rising rapidly for 2010. With all the new models sceduled to be released later this year, sales are expected surpass the 1M mark and establish a new all time record for the brand. Mercedes may fall this year as the number 2 luxury car brand globally leaving only BMW to conquer in the comming years. I believe 2015 is still the objective for this goal. Keep in mind, Audi is selling these vehicles with a minimum of incentives. The profit per unit is quite good compared to the competition, even in 2009.


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