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Audi partners with Camunda, Germany for business process automation
Audi partners with Camunda, Germany for business process automation On July 9, Camunda, a German-based process automation firm, announced its partnership with Audi to improve its central process management by automating key business processes. With Camunda, Audi can now create processes that are faster, more transparent, and easier to track. As the auto industry becomes more complex, Audi needed a scalable digital solution to improve process flow...
News Updated at: 2025/07/10
Audi’s operating profit down 37.9% to EUR 3.9 billion in 2024
Audi’s operating profit down 37.9% to EUR 3.9 billion in 2024 On March 18, Audi announced its financial figures for 2024 and its outlook for 2025. Audi reported a 7.6% decline in revenue to EUR 64.5 billion, a 37.9% drop in operating profit to EUR 3.9 billion and a 6.0% operating margin. The decline in operating profit was driven by restructuring costs resulting from the closure of the production facility in Brussels, Belgium. Net cash flow sto...
News Updated at: 2025/03/19
Volkswagen Annual Media Conference 2025 and Q&A: Accelerating Transformation and Innovation
swagen Group) and Mr. Arno Antlitz (CFO and COO of Volkswagen Group) presented the sales and financial results of the VW Group in 2024, as well as the outlook for 2025 and beyond. Overview of 2024 Volkswagen Group successfully introduced over 30 new models across all segments in 2024, including the Audi Q6 e-tron, Porsche Macan Electric, VW Tiguan, Cupra Terramar, Skoda Superb, etc. The Group delivered over 9 million vehicles worldwide, slightly ...
News Updated at: 2025/03/18
Audi enhances A6 e-tron aerodynamics to increase range and efficiency
Audi enhances A6 e-tron aerodynamics to increase range and efficiency On July 31, Audi announced that it has conducted over 1,300 simulations and extensive wind tunnel testing, collaborating with experts to enhance aerodynamics for A6 e-tron. Air curtains improve airflow around the front, and careful adjustments to the air curtain intake ensured optimal performance. Aero bezels on the rear of the A6 Avant e-tron enhance the defined flow stall, co...
News Updated at: 2024/08/01
Audi reports 8.2% decline in vehicle deliveries for H1 2024
Audi reports 8.2% decline in vehicle deliveries for H1 2024 On July 25, Audi announced that in the first half of 2024, it experienced supply bottlenecks and model changes which led to decrease of 8.2% YoY to 832,957 units compared to 907,111 units in H1 2023. However, deliveries of all-electric models rose by 1.3% YoY to 76,657 units, and demand for plug-in hybrids surged by 61% YoY as in Q2 2024, Audi saw a 10% increase in deliveries compared to...
News Updated at: 2024/07/25
Audi reports Q1 operating profit down 74.3%, keeps annual goals
Audi reports Q1 operating profit down 74.3%, keeps annual goals On May 3, Audi announced its outlook for 2024 during Q1 2024 results. In the Q1, revenue decreased 13.7% year-over-year to EUR 13.7 billion, while operating profit amounted to EUR 466 million, down 74.3%. The company anticipates 2024 will be a demanding year for the Audi Group. The challenging market environment and supply bottlenecks, especially for V6 and V8 engines, had a particul...
News Updated at: 2024/05/03
Audi expands electric portfolio in China and drives SDV initiative amidst challenging market conditions in 2024
Audi expands electric portfolio in China and drives SDV initiative amidst challenging market conditions in 2024 On March 19, Audi announced its 2024 outlook. Starting from the end of 2024, Audi FAW NEV Company Ltd., a joint venture between Audi and FAW, will produce electric cars tailored for the Chinese market in Changchun. In the same year, Audi is advancing towards electric mobility with the Premium Platform Electric (PPE), co-developed with P...
News Updated at: 2024/03/19
Volkswagen Annual Media Conference 2024 and Q&A: continue value over volume approach
presenting the sales and financial results of the VW Group in 2023, as well as the outlook for 2024 and beyond.For reference, the Volkswagen Group consists of 3 strategic organizational brand groups: - Core: Volkswagen, Volkswagen Commercial Vehicles, Skoda, SEAT and Cupra- Progressive: Audi, Lamborghini, Bentley and Ducati- Luxury: PorscheAnd further 5 brands/business units, namely: - TRATON (Scania, MAN, Navistar, VW Truc...
News Updated at: 2024/03/15
Knauf Industries Automotive develops car bumper for Audi A6 in Poland
Knauf Industries Automotive develops car bumper for Audi A6 in Poland On September 4, Knauf Industries Automotive announced that it had manufactured a car bumper for Audi A6 at its plant in Wrocław, Poland. It is a complex component with a couple of different densities within one part. The part requires the application of a special tooling solution. The 3 or 5-density sections are achieved via dedicated “knives” directing the flow of mater...
News Updated at: 2023/09/05
Volkswagen Group introduces brands’ performance programs focusing on strategic alignment
Volkswagen Group introduces brands’ performance programs focusing on strategic alignment On June 21, Volkswagen Group announced its brands' performance programs to strengthen profitability and cash flow. This will be done by giving brands direct responsibility for financial targets, strategy, and brand identities. The focus is shifting from volume to value creation which aims to enhance market positioning by improving margins, product mix, and ...
News Updated at: 2023/06/22
Audi group sales increase by 8% in Q1, 2023
Audi group sales increase by 8% in Q1, 2023 On May 5, Audi announced that its revenue increased by 18.2% to EUR 16,883 million in the first quarter of 2023 against EUR 14,282 million last year, whereby the all-electric Audi Q4 e-tron and Audi e-tron GT Quattro, as well as the Audi Q5 and Audi Q7, were the main contributors to this increase. The operating profit climbed to EUR 1.8 billion, while the operating margin of 10.8% was at the upper end o...
News Updated at: 2023/05/08
Audi Group announces record operating profit in 2022
Audi Group announces record operating profit in 2022 On March 16, the Audi Group announced that it closed the 2022 fiscal year with a record result in a year. Its revenue increased by 16.4% to EUR 61,753 million in 2022 against EUR 53,068 million in 2021. Its operating profit increased by 37.3% to EUR 7,550 million against EUR 5,498 million in 2021. The net cash flow reached EUR 4.8 billion, the second-highest figure in the company’s history. T...
News Updated at: 2023/03/17
KIRCHHOFF, Germany updates about capacity expansion and new business wins
les. At the main plant in Iserlohn, more than EUR 9 million were invested in new technologies and equipment in 2022 to produce economical and crash-relevant lightweight components for the vehicles of the future. For an aluminum underride guard, a state-of-the-art welding line based on the one-piece flow principle was put into operation in Iserlohn on an area of around 1,000 square meters. A second fully automated production line for the manufactu...
News Updated at: 2022/12/13
Audi and MANN+HUMMEL developing particulate filter for electric cars
Audi and MANN+HUMMEL developing particulate filter for electric cars On October 13, Audi announced that it is working with supplier MANN+HUMMEL to develop a particulate filter for electric cars that collect particulate matter from the surrounding area. The innovative technology will be demonstrated at the GREENTECH FESTIVAL in London. The pilot project was launched in 2020 and will run for four years.The mobile version ensures not only are the ca...
News Updated at: 2022/10/14
Audi uses sustainable aluminium for e-tron GT wheels
Audi uses sustainable aluminium for e-tron GT wheels On March 23, Audi announced that it is procuring 20-inch wheels for the Audi e-tron GT2 that are made from low-CO2 emission aluminium supplied by Alcoa to RONAL GROUP, the wheel’s manufacturer. Alcoa is supplying aluminium for Audi’s pilot project from a self-developed, innovative smelting process that emits oxygen instead of carbon dioxide. The joint venture ELYSIS is now further dev...
News Updated at: 2021/03/24
Audi presents new generation of SQ5 TDI
Audi presents new generation of SQ5 TDI On November 12, Audi announced that the optimized Audi SQ5 TDI now looks even more impressive. Its V6 three-liter diesel engine with an output of 251 kW (341 PS) delivers its power smoothly and forcefully. The sharper design underlines the sporty character of the sport SUV. Rear lights featuring the new digital OLED technology are available as an option for the top Q5 model. The SQ5 TDI has a successful tr...
News Updated at: 2020/11/12
Audi presenting new generation of S3 Sportback and S3 Sedan
Audi presenting new generation of S3 Sportback and S3 Sedan On Aug 11, Audi is presenting the new generation of an S3 Sportback and an S3 Sedan. The new S3 models display their dynamic character from the very first glance. The front is dominated by the singleframe with its large rhombus-patterned grille and impressive air inlets. The S3 Sportback and S3 Sedan can be fitted with matrix LED headlights on request. At the rear end, the large diffuser...
News Updated at: 2020/08/12
Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment On November 26, Audi announced that it is taking sustained action for greater economy, flexibility and secure jobs. The Board of Management and employee representatives have reached a fundamental agreement within the framework of Audi.Zukunft. The decisions relate in particular to the optimization of production capacities at the two German plants a...
News Updated at: 2019/11/27
Volkswagen and Hamburg extend strategic mobility partnership
autonomous trucks at the Altenwerder Container Terminal. Moreover, MOIA will be adding to its service and increasing its fleet from the current 200 vehicles to 500. Hamburg has expanded its infrastructure for e-mobility, and now has over 1,000 public charging points, making it a nationwide leader. Audi has successfully tested and demonstrated networking between traffic lights and vehicles to improve traffic flow and provide driver support under ...
News Updated at: 2019/11/22
Vesuvius opens USD 20 million production plant in Ramos Arizpe, Mexico
uare-meter plant will employ 200 workers.In a later second stage, the plant will be expanded to 10,000 square meters.Operating under the Foseco brand, the Vesuvius foundry division generates approximately 30% of the group's total revenues.The company also has a steel division that operates in steel flow control, advanced refractories and technical services.Vesuvius has two other plants in Mexico, located in Nuevo León, that supply Audi, Kia, Mer...
News Updated at: 2019/08/13