AUDI AG Leads the Premium Market in Western Europe
- Market share of 4.7 percent in April puts Audi at top of Western European premium segment
- Record sales in China; increased market share in the USA
- Head of Marketing and Sales Schwarzenbauer: "Recent figures validate our goal of selling 900,000 vehicles in 2009."
AUDI AG further consolidated its market shares in April in key markets such as the USA and Western Europe. The brand with the four rings even set a new sales record in China. Though worldwide automobile sales decreased considerably in April, Audi sales fell by only 5.6 percent - and less than the competitors' figures.
"We have been receiving more orders thanks to new models like the Audi Q5, the recently launched A5 Cabriolet, and the A4 2.0 TDI e - the most efficient standard-size model on the market, emitting just 119 g/km CO2 (191.51 g/mile)," says Peter Schwarzenbauer, Member of the Board of Management for Marketing and Sales at AUDI AG. The decline in sales in worldwide markets subsided considerably. Compared with April 2008, sales by the brand with the four rings sank by 5.6 percent last month - a far smaller decrease than competitors experienced. "We're moving in the right direction. We're en route to meeting our target of 900,000 vehicles sold this year," emphasizes Mr. Schwarzenbauer.
In Western Europe, Audi sold some 52,650 autos in April, a drop of 8.9 percent (2008: 57,789). From January to April, the Ingolstadt-based company sold approximately 190,600 vehicles, for a year-on-year decrease of 15.5 percent. The brand thus fared much better than its key competitors and the overall market. The latest estimates show that market share rose in April to 4.7 percent (2008: 4.6 percent).
Audi also captured additional country-specific market shares in Western Europe. The trend was especially encouraging in Italy (+7.4 percent to 5,164 autos) and Austria (+42.0 percent to 2,005 autos). In Switzerland, the brand with the four rings sold 1,739 vehicles for a year-on-year increase of 14.2 percent.
Audi increased sales in Asia/Pacific to some 14,950 vehicles - a rise of 16.7 percent compared with the same month a year ago (2008: 12,819). The Ingolstadt-based manufacturer once again broke its sales record for China (including Hong Kong). Deliveries to customers there rose in April by 21.2 percent to 12,156 vehicles. This solidifies the clear position of Audi as market leader in China's premium segment. Sales also increased in markets such as Australia (818 autos, up 6.0 percent) and South Korea (509 autos, up 11.1 percent).
Though U.S. sales dropped by 9.3 percent to 7,010 vehicles (2008: 7,730), the company's performance was vastly superior to that of key competitors and the market in general. Audi was thus able to increase its market share in the premium segment by 2.6 percentage points to 9.2 percent. Last but not least, the Canadian market also bore fruit. Audi sold 1,251 units in Canada for a year-onyear increase of some 11 percent.
AUDI AG sold a total of 1,003,469 cars in 2008 and thus achieved its 13th consecutive record year. The Company posted new record figures with revenue of €34.2 billion and profit before tax of €3.2 billion. Audi produces vehicles in Ingolstadt and Neckarsulm (Germany), Györ (Hungary), Changchun (China) and Brussels (Belgium). Aurangabad in India saw the start of CKD production of the Audi A6 at the end of 2007 and of the Audi A4 in early October 2008. The Company is active in more than 100 markets worldwide. AUDI AG's wholly owned subsidiaries include Automobili Lamborghini Holding S.p.A. in Sant'Agata Bolognese (Italy) and quattro GmbH in Neckarsulm. Audi currently employs around 58,000 people worldwide, including 46,500 in Germany. The brand with the four rings invests around €2 billion each year in order to sustain the company's technological lead embodied in its "Vorsprung durch Technik" slogan. Audi plans to significantly increase the number of models in its portfolio by 2015 to 42. The AUDI brand celebrates its 100th birthday in 2009. The company was founded by August Horch in Zwickau on July 16, 1909; he named it AUDI after the Latin translation of his surname ("hark!").