Audi Group records strong financial performance in a challenging environment

28 October 2022, 11:07:06

The Audi 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.

Deliveries of all-electric vehicles (BEVs) from the Audi brand performed very well, increasing by more than 45% year-on-year. In all, 76,989 (2021: 52,774) BEVs were delivered to customers. The BEV share for the brand group as a whole increased significantly during the reporting period to 6.4% (2021: 3.9) – a consequence of Audi's consistent electrification strategy, which will further accelerate in the coming years.

Starting in 2026, Audi will only launch fully electric models. The high demand already shows how attractive the electric portfolio is. The next model is currently waiting in the wings: the successor to Audi’s first all-electric pioneer, the Audi e-tron, will celebrate its premiere in 2022. A disguised prototype was already on the road for test drives in Hamburg in September.

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