This means that we have reached our target corridor of 9 to 11 percent despite the challenging situation. The very popular SUV models in particular had a positive impact on sales.Īfter nine months, our operating profit amounts to a solid 3.9 billion euros and our operating return has reached 9.5 percent. Nonetheless, looking at the first nine months we still achieved a significant plus in all our key performance indicators compared with the prior year.įor instance, revenue rose to 40 billion euros, driven by a strong price position and a high-value product mix. The semiconductor shortage had a strong influence on our delivery figures and finances during the third quarter. How well did Audi manage operations during the first three quarters? SUV models such as the fully electric Audi e-tron and the Audi Q5 continue to be especially popular. That’s more than double what we sold in the prior-year period. I’m convinced that with these cars, we have the right models in our portfolio, and our delivery figures confirm this: By the end of September, Audi had sold 52,774 fully electric vehicles. In addition to the e-tron family, customers can now also purchase the Audi e-tron GT and the Audi Q4 e-tron. Our Roadmap E is in place and we are steadily increasing our range of fully electric premium models. Overall we have a plus of 13.5 percent for the period January to September 2021 owing to our record deliveries during the first half of the year.Īnd it’s very encouraging that we observed positive developments during the first nine months in our important sales regions: Europe increased deliveries by 11.7 percent compared with last year, China by 9.9 percent, and the US market even reached a plus of 31.2 percent.Īudi is pursuing a rigorous plan toward sustainable, profitable mobility.

The prior-year quarter, however, had been boosted by a broad recovery of markets following the coronavirus lockdown. This is why deliveries in the third quarter dropped by 23.8 percent compared with the previous year. Even though demand continues to be high, we were not able to meet it completely in July, August and September owing to the semiconductor shortage. We delivered 1,347,637 vehicles to our customers by the end of September. How did the supply of semiconductors impact the delivery volume? However, as expected, during the third quarter we clearly felt the effects of the semiconductor shortage. When we look at the period January to September, deliveries, revenue, operating profit and especially net cash flow are all higher than they were last year under the shadow of the coronavirus pandemic. Rittersberger, how do you assess the development of Audi during the first nine months of the year?Īfter nine months, the Audi Group is performing on a respectable level operatively and financially overall.

Return of the shadow