In the first quarter of this year, Audi's operating revenue decreased by 18.7% year-on-year to 13.725 billion euros, while operating profit plummeted from 1.816 billion euros in the same period last year to 466 million euros. The operating profit margin also dropped from 10.8% to 3.4%. This decline was mainly affected by global supply chain issues and production disruptions, particularly the strike at Audi's Mexico plant and insufficient supply of V6 and V8 engines.
In terms of product deliveries, Audi's global deliveries totaled 396,912 units, a year-on-year decrease of 4.5%.
Facing these challenges, the Audi Group is in a transitional phase, planning to launch more than 20 new models in the next two years to refresh its product lineup.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
