Month: October 2021

Following record figures in the first half of the year, the third quarter is characterized above all by the crisis in semiconductors. After nine months, the Audi Group, in spite of the challenges, is in a respectable position overall in operating and financial terms. From January to September, the number of deliveries, revenue, operating profit, profit before tax and above all net cash flow are higher than in the previous year, which was affected by the corona pandemic. As expected, however, the ongoing shortage of semi-conductors had an effect on volumes and financial results in the third quarter. Audi has adjusted its forecast for the full year 2021: deliveries of the Audi brand are now expected to be approximately at the previous year’s level and revenue somewhat above the previous year. The guidance for operating profit and net cash flow will be increased.
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Owners of an Audi e-tron from the 2019 or 2020 model years can now travel farther on a single charge – a new software update will extend their car’s range by up to 20 additional kilometers. This means that Audi isn’t limiting efficiency increases to new models, but also boosting the efficiency of cars already on the road. The update is now available and can be installed at Audi service centers.
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Antonio Casu will succeed Joerg Astalosch in the position of CEO of Italdesign as of today, Wednesday, October 27th, 2021.
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Audi is expanding its development of high-voltage batteries and banking on the Neckarsulm location for that. With that strategic decision, technical development will be intensified for the future and Neckarsulm will become a center of competency for a key electromobility technology. Additionally, a battery center for testing high-voltage storage technologies will go into operation by 2023. Further proof that Audi is transforming its locations and setting the course for the age of electric mobility.
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Audi is expanding its development of high-voltage batteries and banking on the Neckarsulm location for that. With that strategic decision, technical development will be intensified for the future and Neckarsulm will become a center of competency for a key electromobility technology. Employees will be trained for that by the end of 2020. In order to specialize in the field of high-voltage batteries, Audi will offer its employees in the Neckarsulm Technical Development unit various advanced training opportunities in the coming years. Audi is already developing high-voltage batteries for plug-in hybrids (PHEV) in Neckarsulm. Now, development of complete high-voltage battery portfolios for fully electric vehicles is being predominantly settled at that location and gradually expanded for that purpose. Additionally, a battery center for testing high-voltage storage technologies will go into operation by 2023.
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