Audi’s first quarter of 2022 shows rising profits and dramatic rise in EV sales
Audi and its brands continue to perform well in a difficult environment.
The results are in and the Audi group, made up of Audi, Lamborghini, Ducati and Bentley, was able to increase its operating profit to €3.5 billion in the first quarter, and Audi says the group is on the right track. about 2 million vehicles this year with an operating margin of 9 to 11%.
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Vehicle deliveries have struggled as the pandemic and supply chain crises still affect much of the world, but in better news, all-electric vehicle deliveries are up more than 66% compared to the first quarter of 2021, increasing from 14,583 to 24,236 in total. electric vehicles delivered worldwide. With Bentley being the newest member of the group, turnover rose to almost €14.3 billion, with an operating return on sales of 24.3%, more than double the 10% increase in the first quarter of 2021. With Lamborghini, Ducati and Bentley enjoying similar success. Audi is on track to meet and possibly exceed the lofty expectations it has set for itself for 2022, and with a portfolio full of amazing cars, it’s far from impossible to reach them.
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