What are the Audi results for 2024?
The Audi Group financial result for the 2024 fiscal year was 1,097 million euros (2023: 1,423). This includes 651 million euros from business in China (2023: 915). Profit after tax amounted to 4,189 million euros (2023: 6,260). Net cash flow amounted to 3,072 million euros (2023: 4,740). Audi confirmed that it closed its factory in Brussels, Belgium, in February, taking the electric Q8 e-tron SUV with it. That means that 2025 is the final model year for the Q8 e-tron and its more aerodynamic Sportback variant.Audi also confirmed that the last of its two-door offerings—the A5 and S5 coupes and convertibles, as well as the RS5 coupe—will be discontinued after the 2025 model year in North America. The Audi TT coupe and roadster, as well as the Audi R8 supercar, were canceled in the past few years.In the future, odd-numbered models like the A3, A5, and A7 will continue to use gasoline powertrains. Models with even numbers such as the A4, A6, and A8 will be all-electric offerings. For 2025, Audi’s car lineup includes some refreshed models and more carryover models in anticipation of pending new products.The best-selling Audi models worldwide in 2024 were the Audi Q5 (298,000 units), the Audi A6 (244,000 units), and the Audi Q3 (215,000 units). Audi delivered more than 164,000 fully electric models to customers worldwide (–8 percent) in 2024.
What is Audi financial performance in 2024?
Ingolstadt, March 18, 2025 – The Audi Group delivered a solid performance in the 2024 financial year despite challenging market conditions. In the past 12 months, revenue totalled 64. Audi Group’s net debt stood at EUR -11,214 mil and accounted for -39. The ratio is up 2. Historically, the firm’s net debt to equity reached a high of -20.The Audi Group delivered a solid performance in the 2024 financial year despite challenging market conditions. In the past twelve months, revenue totaled 64.Audi is now some way behind its German luxury rivals. The core brand reported deliveries fell by 12% to 1. Porsche, another Volkswagen subsidiary, saw sales drop by 3% to 310,700 vehicles.Audi’s profit after tax declined to €4. Audi CEO Gernot Döllner said: “Global economic changes and intensified international competition are posing major challenges to Audi and the industry as a whole.
Who is the CEO of Audi in 2024?
Fiscal year 2024: Audi pushes ahead with transformation and model initiative. CEO Gernot Döllner: “We are strategically realigning Audi – with new models, a stronger setup in China, and more efficient structures within the company. From last year the squad was rebranded as Kick Sauber, an identity that continues in 2025, ahead of the Audi takeover in 2026 which will see the team become the automotive giant’s works outfit.In 2025, Nico Hülkenberg and Gabriel Bortoleto joined Sauber on separate multi-year contracts, and they will become Audi’s first drivers in 2026.With its stake in the F1 team set to be reduced to zero, the historic Sauber moniker — which made its first appearance on an F1 grid in 1993 — is set to be fully replaced by Audi in 2026. The team may well offer naming rights to a sponsor, although it’s unlikely to be as dominant as Sauber’s current Stake backing.In Gabriel Bortoleto, one of the most promising talents for the future will represent the four rings in the pinnacle of motorsport. Bortoleto will race alongside Nico Hülkenberg for Stake F1 Team Kick Sauber in 2025, which will transform into the Audi F1 factory team in 2026.Audi is set for a full takeover of the Sauber F1 Team for the 2026 Formula 1 season and beyond. But how will the squad shape up?
Who will Audi replace in 2026?
Sauber – who will become Audi in 2026 – are one of two teams to have a seat left on next year’s grid. New boss Mattia Binotto says filling it is “a top priority”. Audi will complete its 100% takeover of the Sauber F1 Team before the 2026 F1 season.From last year the squad was rebranded as Kick Sauber, an identity that continues in 2025, ahead of the Audi takeover in 2026 which will see the team become the automotive giant’s works outfit.Bortoleto will race alongside Nico Hülkenberg for Stake F1 Team Kick Sauber in 2025, which will transform into the Audi F1 factory team in 2026.Audi is a subsidiary of the Volkswagen Group. This has allowed Audi to continue to create high-quality performance vehicles appointed with some of the most sophisticated features on the market.
What is Audi’s revenue in 2025?
Forecast for 2025 The Audi Group continues to expect revenue of between 67. Audi A5, S5, and RS5 Coupe and Convertible Audi’s two-door A5, S5, and RS5 variants bite the dust with the conclusion of the 2024 model year, though their four-door Sportback equivalents stick around for one more model year.German luxury automaker Audi India reported a 17 per cent year-on-year increase in sales for the first quarter of 2025, retailing 1,223 units compared to 1,046 units in Q1 2024. Sequentially, the company posted a decline of 36 per cent as the last quarter (Q4) was the best-performing quarter for the company last year.In 2024 and 2025, Audi will push ahead with the renewal of its product portfolio with more than 20 new models, half of them fully electric. By the end of the year, the company will have the youngest portfolio among its competitors. The focus in 2025 is on renewing the two important model series A6 and Q3.There are around 5 upcoming Audi cars including Audi A5, Audi Q6 e-tron, Audi A6 2026, Audi Q3 2026, Audi Q5 2026 will be launched in India in 2025. Among these, there are 1 Sedan, 3 SUVs and 1 Luxury.Globally, Audi delivered 118,196 electric models to customers in 2022 — a 44. Audis sold worldwide in 2022. China remained the largest market for Audi despite weaker sales while Germany is again the second most important country for new Audi sales.
Is Audi in financial difficulty?
The Audi Group’s financial performance in the first nine months reflects the challenging macroeconomic situation. This includes a difficult market environment and expected restructuring expenses, for example as a result of a possible alternative use or a possible plant closure of the Brussels site. Our data indicates that while Audi cars offer excellent performance and cutting-edge features, they may require more frequent maintenance and repairs compared to some other brands. However, with regular servicing and proper care, many Audi owners find their vehicles to be dependable and rewarding to drive.Porsche stands out as a pinnacle of luxury and performance in the automotive world, consistently surpassing Audi in key areas such as driving dynamics, design, and innovation.Conclusion: A Smart Investment for the Long Haul A used Audi is not only a great investment due to its luxury, performance, and design, but it also offers a reliable, safe, and fuel-efficient option for families.In general, Audi is affected by factors that influence other brand’s depreciation, such as: Initial Price: High initial cost can lead to a steeper decline in absolute value over time. Maintenance Costs: Higher costs for parts and services can deter second-hand buyers, lowering demand and prices.