• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

Audi’s profits up 60%

James Batchelor by James Batchelor
March 1, 2012
1
Home News

AUDI has announced its operating profits soared 60 per cent to 5.3bn euros in 2011 – its best ever figure in more than 100 years.

Speaking at the firm’s annual press conference, chairman of the board of management, Rupert Stadler, told the press that despite ‘natural catastrophes in Japan; the Arab Spring; and the ongoing sovereign-debt crisis in Europe’, 2011 was still a record year for Audi.

Taking the headlines was the German firm’s impressive rise in operating profit from 2bn euros (£1.6bn) to 5.3bn euros (£4.4bn), and more than 1.3m vehicles were delivered to customers.

‘With 1,302,659 cars delivered to customers, we not only exceeded the previous year’s record for the Audi brand,’ said Stadler. ‘It’s also worth noting the speed of our growth in 2011. Never before has Audi achieved a single- year increase of 210,000 vehicles.That represents a gain of 19.2 percent.’

Sales revenues reached 44.1bn euros (£36.9bn) – representing an increase of 24.4 per cent over 2010 – while operating profit margin increased to 12.1 percent—a new record.

‘Audi’s strong growth in 2011 took us a major step closer to reaching our interim goal of delivering 1.5 million cars in 2015. Based on the way things look right now, we’re quite optimistic that we’ll surpass that target even sooner.’

Comments 1

  1. Gemma Waterman says:
    9 years ago

    Usually when I read about a company or person doing really well in a tough time, I think “what on earth are they doing so different to everyone else?” How has Audi done so well? It’s simple – they are good at what they do! They have a range that covers all areas, people from all walks of life can own one and they are great cars too. The reason why I am not annoyed to read about their success is that it is a clear message to other manufacturers and dealers. It’s not all bad you know! I am a dealer that has had great success over the last 3 years. How? I stick to what I know, use the right companies for my services, embrace new technology and make sure I am running with the right stock. If you run a dealership like Audi would, you will be fine. Again – it’s not all bad!

Please login to join discussion
Previous Post

Blog: Car industry points to an economy on the move

Next Post

Seward close parts centre

Related Posts

Groupe PSA and FCA merger gets closer to reality as Stellantis shares prospectus is approved
News

Stellantis is officially here as Groupe PSA and FCA complete merger

January 16, 2021
Car Dealer Podcast Episode 5 out now! The biggest news stories and top advice from the last seven days
News

Car Dealer Podcast Episode 5 out now! The biggest news stories and top advice from the last seven days

January 16, 2021
Car dealers in Northern Ireland face extended closure as easing of restrictions ‘highly unlikely’ after six-week lockdown
News

Car dealers in Northern Ireland face extended closure as easing of restrictions ‘highly unlikely’ after six-week lockdown

January 16, 2021
MOT and service bookings experience ‘hefty’ surge after third national lockdown announced
News

MOT and service bookings experience ‘hefty’ surge after third national lockdown announced

January 16, 2021
Car dealer jailed for murdering his wife is sued by family for £1.5m
News

FCA boss urges insurers to ‘move quickly’ and pay business interruption claims

January 16, 2021
Thousands of jobs to go as Honda confirms ‘devastating’ Swindon car factory closure
News

Could Elon Musk take over Honda site in Swindon for Tesla production?

January 16, 2021

Want to receive the latest news?

Sign up to the Car Dealer daily news briefing for the latest news and advice during these unprecedented times.

Subscribe Now
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

December 21, 2020
Used Car Awards Shortlist: Find out who made it through mystery shopping and are now in running for our gongs
News

Used Car Awards Shortlist: Find out who made it through mystery shopping and are now in running for our gongs

January 6, 2021
Car Dealer Live: Data shows there are buyers out there and they want new cars via click and collect, say What Car? team
Car Dealer Live

Car Dealer Live: Data shows there are buyers out there and they want new cars via click and collect, say What Car? team

January 15, 2021
Car Dealer Live: Top tips for car dealers to keep business and spirits high during national lockdown
Car Dealer Live

Car Dealer Live: Top tips for car dealers to keep business and spirits high during national lockdown

January 16, 2021
Less demand at home and abroad sees car production drop by nearly a fifth
News

Car dealers blast manufacturers for continuing to impose sales targets during lockdown 3 as ‘morally wrong’

January 15, 2021
Become a Car Dealer Plus member and get more out of this website including free legal advice
News

Become a Car Dealer Plus member and get more out of this website including free legal advice

January 15, 2021
Car Dealer Power

Car Manufacturer of the Year – Where did your manufacturer rank in Car Dealer Power 2020?

January 15, 2021
Car Dealer Power

The best car dealer suppliers named in the Car Dealer Power Awards 2020

November 26, 2020
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server C