Audi Group: Strong Financial Performance in a Challenging Environment


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The Premium Brand Group continues to successfully steer its brands through a challenging market environment. In the first three quarters of 2022, the brand group increased its revenue year-on-year by 10.4% to €44.6 billion. Its operating profit reached €6.2 billion, significantly exceeding the previous year’s level, while the operative margin also improved to 14.0%. A good price position and a strong performance from Bentley, Lamborghini, and Ducati contributed to an outstanding operating income. The brand group thus continued the successful course it set during the first half of the year. Net cash flow of €4.6 billion remains at a high level.

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Audi

Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. A subsidiary of the Volkswagen Group, the company’s origins date back to the early 20th century and the initial enterprises (Horch and the Audiwerke) founded by engineer August Horch (1868–1951). Two other manufacturers (DKW and Wanderer) also contributed to the foundation of Auto Union in 1932. The modern Audi era began in the 1960s, when Volkswagen acquired Auto Union from Daimler-Benz, and merged it with NSU Motorenwerke in 1969.
Official website: Audi (Global), Audi (USA)

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