Audi CEO Addresses Current & Future Outlooks – Global Fleet

According to Audi CEO Markus Duesmann, Audi’s financial underpinnings are solid, with an operating profit of 5.5 billion euros and net cash flow of 7.8 billion euros. - Photo: Audi

In keeping with Audi CEO Markus Duesmann, Audi’s monetary underpinnings are stable, with an working revenue of 5.5 billion euros and web money stream of seven.8 billion euros.

Photograph: Audi

“The facility to form the transformation is in our fingers,” avowed Audi CEO Markus Duesmann as he addressed the corporate’s present and future outlooks at Audi AG’s Annual Media Convention on March 17.

On the Ukraine-Russia battle, “We’re studying from the worst-case state of affairs that peace in Europe can’t be taken as a right,” Duesmann mentioned. Talking of the battle’s affect on Audi’s enterprise, he mentioned, “Volkswagen Group has stopped manufacturing in and export actions to Russia. A job power is engaged on lowering provide bottlenecks and maximizing provide safety.”

Duesmann added, “What’s key now could be that politicians and the enterprise group work collectively to handle medium- and long-term potentialities and develop a plan for transfer ahead.”

Turning to Vorsprung 2030, Audi’s electrification technique, Duesmann mentioned the corporate’s portfolio will embrace greater than 20 electrical fashions within the subsequent 4 years. For instance, the Audi A6 Avant e-tron idea will increase the carmaker’s e-models within the luxurious class section.

The corporate’s profitable fast-charging service pilot program, the Audi charging hub, initiated in December. Duesmann mentioned, “Charging have to be so simple as refueling – and ideally much more handy.” The corporate will launch a second pilot hub this summer season in Zurich.

Duesmann mentioned Audi’s premium model collaborations with Bentley, Lamborghini, and Ducati highlights the strengths of every. “Lamborghini, for instance, in light-weight and tremendous sports activities automotive development. Or Bentley in interiors and high-quality leather-based and wooden processing. … Audi definitely stands to profit in these areas.” He expects the collaboration’s synergies “to achieve an quantity within the tons of of hundreds of thousands of euros over the subsequent few years.”

The Audi-Chinese language three way partnership, FAW NEV, performs a vital position in Audi’s electrification technique for China. The German automaker will make investments 2.6 billion euros within the undertaking, together with a brand new manufacturing plant.

“From late 2024 on, we’ll regionally produce the primary fashions primarily based on the PPE platform, along with our accomplice FAW,” Duesmann introduced. The primary to be launched shall be three fashions from the Audi A6 e-tron and Q6 e-tron sequence.”

In keeping with Duesmann, Audi’s monetary underpinnings are stable, with an working revenue of 5.5 billion euros and web money stream of seven.8 billion euros. “We’re very pleased with this excellent crew efficiency. In any case, solely a wholesome automotive trade will have the ability to form the sustainable mobility of the longer term.”

Initially posted on Global Fleet Management

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