Wednesday, July 9, 2008

Audi Announces Best First Half-Year Results in Company's History

The German luxury automaker managed to sell more than 516,000 cars to customers worldwide between January and June (2007: 508,842), thus not only representing a gain of 1.4 percent compared with the first six months of 2007, but according to Audi, it’s the company’s best first half-year in history in terms of deliveries. Audi expects that the second half of the year will be even better as it will release the revised A3 and A6 models along with the all-new Q5 compact SUV.

“In 2008 we will achieve record sales of more than one million cars for the first time in our history,” said Audi Chairman Rupert Stadler. “The first half of the year was marked by major model changes for us, yet we’re already two percent above target.” -Continued

“We will launch the updated Audi A3 in July. For the A4 important new engine versions in the mid-performance range are on their way and in September sales start on the US market,” said Peter Schwarzenbauer, Member of the Board of Management for Marketing and Sales of AUDI AG. Later in the year, Audi will also introduce the new Audi Q5, along with the Audi A6 product improvement. “We will reap the rewards of this product initiative in the fourth quarter,” added Schwarzenbauer.

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