AUDI AG
Tesla beats Audi in global car sales for the first time
Tesla sold 1.79 million vehicles last year, surpassing Audi, which sold 1.67 million vehicles. Audi struggled with weak demand in Europe and China. Electric vehicle sales fell by 8 percent for Audi. Tesla also faced challenges, including its first annual deliveries decline in over a decade.
India EV policy to encourage local production of premium electric cars: Audi official
Audi AG executive praises India's new electric vehicle policy for boosting local production of premium electric cars and accelerating EV adoption. The policy includes import duty concessions for companies investing in manufacturing units for EV passenger cars.
Audi to drive in over 20 new models by 2025-end: CEO Gernot Dollner
Audi CEO Gernot Dollner announced plans to introduce over 20 new models by the end of 2025 and electrify all core segments by 2027, with a capex of EUR 41 billion for 2024-2028. The company will invest EUR 11.5 billion in ICE and PHEV segments and EUR 29.5 billion in BEVs and digitization.
Audi India plans to more than treble sales in two years
"We will do at least 14,000 units in the next couple of years (in India) if the market remains stable and the economic growth continues," Konsbruck said. Audi India delivered 4,187 units in 2022, up 27% year-on-year.
German carmaker Audi to enter Formula 1 World Championship; See details
Ahead of this weekend's Belgian Grand Prix, Audi announced at a press conference that it will supply engine for the 2026 edition.
India an attractive market for future, watching EV transformation closely: Hildegard Wortmann, Member of the Board of Management AUDI AG
Having placed huge bets on electrification push globally, on the EV roadmap for India, the head of global sales and marketing at Audi in a post 2021 earnings review told media, the transformation speed of electrification will be different from one region to other, the company will closely observe when the tipping point (in India) will be reached.
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Going electric! Audi all set to compete with Tesla, will start producing luxury EVs by 2024
The new cars will be designed to meet the requirements of local premium buyers.
Pandemic has 'peaked out' globally, market to revive in 2021: Hildegard Wortmann, Audi AG
The pandemic has "peaked out" world over and the recovery is recognisable globally and in India too says Hildegard Wortmann, Member of the Board of Management at AUDI AG. Despite the small size, she says the future growth potential in India is very strong and the new product action will continue with three new offerings in the coming five months to capitalize on festivities.
Pollution cheat device: Noida police books German carmaker Volkswagen group firms, officials
Businessman Aniljit Singh said in his complaint that he was sold “substandard” vehicles after misrepresentation of facts on emission. He said he bought the cars in 2016, costing him crores of rupees.
Audi AG registers net profit of €4.7 billion, plans €40 billion investment in next 5 years
Volkswagen Group owned, Ingolstadt based luxury car maker, Audi has registered net profit of €5.1 billion before special items in a challenging year 2017.
Audi appoints Rahil Ansari as head of Indian operations
Ansari will take over as Head of Audi India from the incumbent Joe King, who will move back to Audi headquarters in Germany.
Mercedes beats BMW, Audi again in September as China sales rise
Mercedes-Benz was the world’s best-selling luxury car brand for the third consecutive month in September, surpassing BMW and Audi.
Audi opens technical service centre in India
The centre will operate in Mumbai with workshop and training facility in line with Audi AG standards. This is the seventh such establishment in the Asia-Pacific region.
Audi opens technical service centre in India
The centre will operate in Mumbai with workshop and training facility in line with Audi AG standards. This is the seventh such establishment in the Asia-Pacific region.
India has biggest long-term potential: Luca de Meo, Audi
German luxury carmaker Audi AG is betting on India’s rapidly growing working population to drive its annual global sales to 2 million by 2020.
Mercedes counting on a compact coupe CLA with more power to catch BMW
Co to start deliveries of the CLA with more horsepower at a lower price in the US to broaden the brand’s appeal.
World's largest Audi showroom opens in Dubai
The showroom has 57 Audi vehicles on display and is the largest Audi showroom in terms of new cars on display in the world.
Audi in talks to buy luxury bike maker Ducati
Audi AG is in talks to buy Ducati Motor Holding SpA, the maker of luxury motorbikes ridden by celebrities such as Brad Pitt, from owner Investindustrial SpA.
Volkswagen Q3 earnings up sharply to $2.9 billion
German automaker Volkswagen AG says its earnings for the third quarter of 2010 have jumped on demand from China and strong sales of its Audi cars.
Audi weighs new China plant to hit sales target
Volkswagen’s Audi luxury unit may add a new factory in China as a plant in Changchun won’t suffice to back the carmaker’s expansion in the world’s largest auto market.
Audi sales up 8.7 per cent on in June
Luxury car maker Audi AG says its sales were up 8.7 per cent last month in year-on-year terms as demand increased in China, the United States and Britain.
Audi to earn a profit in US this year
Volkswagen's premium brand Audi AG expects to return to the black in the United States for the first time after years of losses burdened by adverse currency headwinds.
Automaker Audi's 1Q revenues rise 23.3 percent
Audi AG, the maker of luxury cars including the TT, A5 and A8, says its first-quarter operating profit and revenues have risen on demand in the U.S., China and parts of Europe.
Audi plans $10.5 bn investments through 2012
Audi AG said on Monday it plans to spend euro7.3 billion ($10.51 billion) on plant upgrades, new products and technology research as it moves to expand its business worldwide and increase market share.
Audi plans euro7.3 bn investments through 2012
Audi AG said Monday it plans to spend euro7.3 billion ($10.51 billion) on plant upgrades, new products and technology research as it moves to expand its number of customers worldwide and increase market share.
Audi Q3 operating profit falls 54 pc
Audi AG profit fell 54 per cent in the third quarter as the global downturn affected demand for its cars.
Audi profit falls 25 pc during first half
German luxury automaker Audi AG said Friday its profit for the first six months of the year fell 25 percent as sales slipped nearly 10 percent but, unlike most of its peers, it remained profitable.
BMW, Audi say May car sales fell, but less sharply
German carmakers BMW AG and Audi AG both admitted that sales fell in May compared to a year earlier.
Audi May sales down 6 per cent
German carmaker Audi AG said on Monday that its unit sales for May declined 6 per cent, as the recession continued to affect demand, despite strong sales gains in the Asia-Pacific region.
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