Audi Group stabilizes earnings in the first half of the year despite major challenges

Audi Group stabilizes earnings in the first half of the year despite major challenges

The Audi Group stabilized its financial performance in the second quarter of 2024. At the same time, Audi is putting numerous new models on the road. Following the world premiere of the new Audi A5, the second all-electric model on the Premium Platform Electric (PPE), the Audi A6 e-tron, will follow at the end of July. At the same time, the Audi Group is working intensively on achieving its economic targets with the Performance Program 14. Revenue amounted to €30.9 billion in the first half of the year, down 9.5 percent on the strong prior-year figure. Operating profit amounted to €2.0 billion. The operating margin reached 6.4 percent and net cash flow €1.1 billion. The Brand Group Progressive** delivered 843,991 vehicles in the first six months. The share of electric vehicles (BEV) developed positively, with 76,657 models delivered (+ 1.3 percent).
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After “Windschnittig” comes “Form vollendet”: A new special exhibition at the Audi museum mobile

After “Windschnittig” comes “Form vollendet”: A new special exhibition at the Audi museum mobile

Audi wrote engineering history in 1982 with the Audi 100. With its drag coefficient of 0.30, the third-generation Audi 100 was the world’s most aerodynamically efficient production saloon at the time, making it an essential part of the new special exhibition “Form vollendet”. The new special exhibition will be at the Audi museum mobile in Ingolstadt until March 2, 2025, where Audi Tradition will present aerodynamic concepts from 1945 to the present day.
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Mattia Binotto takes over a leadership position for Audi in Formula 1

Mattia Binotto takes over a leadership position for Audi in Formula 1

Preparations for entering the highest class of motorsports are going full speed ahead at Audi. As part of the complete takeover of all shares in Sauber Holding AG and the associated realignment of the control structure, the management of the future Audi factory team is now being renewed. On August 1, the former F1 team head Mattia Binotto is joining the Audi F1 project and will take on its leadership in Hinwil.
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Audi customers score GT3 and TCR victories on two continents

Audi customers score GT3 and TCR victories on two continents

The third weekend of July saw Audi customers celebrating trophies on either side of the Atlantic. The highlights of the success for the Audi R8 LMS in GT3 racing include overall victories and drivers leading their respective championships following races in France and the USA, as well as a strong 1-2 class result in Germany. In the TCR category, the Audi RS 3 LMS was again on top in Canada and took an additional win in TCR Spain.
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