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Audi Group continues on growth path

connoisseur November 10, 2015 0
Audi Group continues on growth path

The Audi Group is progressing systematically along its growth path with 1,347,972 Audi-brand cars delivered, revenue of €43.7 billion and operating profit of €4.0 billion from January through September . In the Middle East the Audi A8, the Audi A3 and the Audi TT are fueling the success for the brand in the region. They saw a respective growth of 12 percent, 95 percent and 140 percent. And the all-new Audi Q7 who has just been introduced to the markets in the Middle East supported a growth of 8 percent.

Rupert Stadler, Chairman of the Board of Management of AUDI AG, stated “ We are continuing along our growth path.” He believes that the company’s performance in the first nine months of this year proves that the Audi Group’s strategy is paying off. “We are increasing our deliveries, expanding our international production network, safeguarding jobs and actually continuing to recruit more employees.”

Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization says “Audi achieved good earnings in a challenging environment despite high levels of advance expenditure.” Following the successful start of the new premium SUV, the Audi Q7, the company will now bring the next generation of its bestseller, the new Audi A4, into the dealerships, thus continuing the success story of the Ingolstadt-based automobile manufacturer.

In full-year 2015, the company plans to deliver more automobiles of the Audi brand than in the previous year. The targeted volume growth will result in higher revenue for the Audi Group. Furthermore, the company once again aims to achieve an operating return on sales within the strategic target corridor of eight to ten percent.