October 22, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Audi Q8 sport concept

    Audi chief sees 2020 sales decline despite strong Q3

    German automaker Volkswagen’s Audi unit expects a decline in sales this year despite strong numbers in the months of July, August, and September, Automobilwoche on Sunday, mentioning the statement of the head of the division, Markus Duesmann. “We will not be able to compensate worldwide the heavy losses of the months of April and May […]

    Audi
    Audi Q8 sport concept

    Audi warns of sales fluctuation after 56 percent slump in Europe

    Volkswagen’s premium brand Audi on Friday stated it expected sales in Europe to fluctuate in the upcoming months after a 55.5 percent fall in September sales because of supply bottlenecks caused by stricter anti-pollution rules. Last month VW Group’s sales dropped by half in Europe’s five biggest markets, as per analysts at Citi, after several […]

    Volkswagen
    Audi Q8 sport concept

    Audi thinks of doubling China sales in six years

    Volkswagen‘s premium brand Audi thinks of doubling sales in China during the coming six years, sales chief Bram Schot informed Automobilwoche. “In 2023 we want to sell 1.2 million cars in China,” the German trade magazine quoted Schot as saying. In 2017, Audi sold 597,000 vehicles in China, its biggest single market. The company last […]

    Audi
    Volkswagen logo

    Volkswagen brand revives further as cost cuts, new models boost revenues

    Cost cutting and new models including the Arteon fastback should continue to increase Volkswagen‘s main car brand in the 4th quarter after it doubled core incomes in July-September, it stated on Monday. Experts see restoring the Volkswagen brand, which has long struggled with high personnel and development costs, as important to the group’s ability to […]

    Volkswagen
    Audi A5/S5 Cabriolets

    Audi to extend electric car range in China with FAW Group

    Audi will offer more electric car models in China and establish automated driving there, it stated on Tuesday, deepening ties with regional partner FAW Group to face competitors like Mercedes-Benz and BMW in its leading market. Volkswagen‘s luxury department and other automakers are under pressure to offer greener vehicles in China as the world’s biggest […]

    Asian , Audi
    Audi Q5 images

    Despite ranking third, Audi sales hit record in 2016

    Luxury car brand Audi stated its deliveries increased to a new record in 2016 despite the diesel emissions scandal, although that would likely not be enough to save it from dropping into third location behind luxury car competitors Mercedes-Benz and BMW in worldwide sales rankings. The key factor to Volkswagen group profit increased sales of […]

    Volkswagen

    Audi’s August sales increases 2.9 percent on Chinese demand for compact cars

    Audi increased worldwide sales 2.9 percent in August on high demand in its key Chinese market for luxury compact vehicles including the A3 and Q3 models. The Volkswagen-owned department on Tuesday stated that deliveries increased to 132,350 vehicles last month from 128,647 a year earlier, with eight-month sales boost 4.9 percent at 1.23 million. Sales […]

    Audi
    Audi A4

    Volkswagen’s Audi gains 2.3 percent rise in July sales

    Audi sold 2.3 percent more cars during the last month on growing need for the redesigned top-selling A4 saloon, though kept tracking behind German high-end competitors, BMW and Mercedes-Benz. Audi’s worldwide sales rose to 149,400 cars and sport-utility vehicles from 146,073 a year previously, the Ingolstadt-based automaker stated on Thursday, with its year-to-date deliveries up […]

    Audi

    China might replace Germany as the largest market for Audi branded cars

    The Chinese market is displaying all the characteristics of a booming market for luxury cars. Statistical data shows that sale of luxury cars is consistently growing in China. Business leaders such as Audi, world-renowned automaker, also corroborate these facts in their sales figures. If we were to go by the sales figures of Audi for […]

    Audi , European

    Audi on the right path to overtake BMW as #1 luxury car manufacturer

    Audi is on the right track of achieving higher sales as it tripled its earnings for the first quarter of the year. Volkswagen AG reports that the operating profit of the division went up by 32% or approximately $632 million. Audi released a statement that their sales increased by 23% or about 8.3 billion Euros. […]

    Audi , European

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