2023: Combined Annual and Sustainability Report
GRI 2-1, GRI 2-6 13 countries 22 production sites Overview of deliveries to customers 2023³ 1,895,240 (1,614,231) 13,560 (15,174) 10,112 (9,233) 58,224 (61,562) Overview of deliveries to customers 2023³ https://www.audi.com/content/dam/gbp2/downloads/report/interim-reports/2023/audi-fact-pack-q4-2023.xlsx Strategy & Company Finance ESG Appendix 6 Audi Report 2023 Ill us tr at io n: C 3 V is ua l L ab Europe A B C D E F G H I J 1,107,364 Cars produced: 45,621 Motorcycles produced: 13,241 Crewe, United Kingdom Bentley Motors Ltd. Bentayga Continental GT, Continental GTC Flying Spur A 101,145 Zwickau, Germany Volkswagen AG Q4 e-tron Q4 Sportback e-tron D 64,890 Martorell, Spain, SEAT, S.A. A1 allstreet A1 Sportback RS 3 Sedan J 403,874 Ingolstadt, Germany AUDI AG A3 Sedan, S3 Sedan, RS 3 Sedan A3 Sportback, S3 Sportback, RS 3 Sportback A4 allroad quattro A4 Avant, S4 Avant, RS 4 Avant A4 Sedan, S4 Sedan A5 Coupé, S5 Coupé, RS 5 Coupé A5 Sportback, S5 Sportback, RS 5 Sportback Q2, SQ2 Q6 e-tron, SQ6 e-tron E 121,418 Bratislava, Slovakia VOLKSWAGEN SLOVAKIA, a.s. Q7, SQ7 Q8, SQ8, RS Q8 F 176,493 Győr, Hungary, Audi Hungaria Zrt. Q3, RS Q3 Q3 Sportback, RS Q3 Sportback TT Coupé, TTS Coupé, TT RS Coupé TT Roadster, TTS Roadster, TT RS Roadster G 53,555 Brussels, Belgium AUDI BRUSSELS S.A./N.V. e-tron, e-tron S e-tron Sportback, e-tron S Sportback Q4 e-tron Q8 e-tron, SQ8 e-tron Q8 Sportback e-tron, SQ8 Sportback e-tron B 10,014 Sant’Agata Bolognese, Italy Automobili Lamborghini S.p.A. Aventador Coupé, Aventador Roadster Huracán Coupé, Huracán Spyder Revuelto Coupé Urus H 45,621 Bologna, Italy Ducati Motor Holding S.p.A.
Audi Report 2022
Key Vehicles produced in 2022 150,001 to 420,000 50,001 to 150,000 10,001 to 50,000 0 to 10,000 Győr, Hungary Audi Hungaria Zrt. 170,018 vehicles Q3, RS Q3 Q3 Sportback, RS Q3 Sportback TT Coupé, TTS Coupé, TT RS Coupé TT Roadster, TTS Roadster, TT RS Roadster 8 Sant’Agata Bolognese, Italy Automobili Lamborghini S.p.A. 9,925 vehicles Aventador Coupé, Aventador Roadster Huracán Coupé, Huracán Spyder Urus 9 Bologna, Italy Ducati Motor Holding S.p.A. 57,380 vehicles DesertX, Diavel, Hypermotard, Monster, Multistrada, Panigale (Superbike), Scrambler, Streetfighter, SuperSport 10 Martorell, Spain SEAT, S.A. 58,826 vehicles A1 allstreet, A1 Sportback RS 3 Sedan 11 7 8 6 5 4 2 1 3 6 Audi Report 2022 Products & Services Value Creation & Production Operations & Integrity Strategy Employees & Society Introduction Appendix Ill us tr at io n: C 3 V is ua l L ab Foshan, China FAW-Volkswagen Automotive Co., Ltd. 37,912 vehicles Q2 L, Q2 L e-tron Q4 e-tron 6 Tianjin, China FAW-Volkswagen Automotive Co., Ltd. 77,022 vehicles Q3, Q3 Sportback 2 Changchun, China FAW-Volkswagen Automotive Co., Ltd. 409,930 vehicles A4 L Sedan, A6 L Sedan e-tron Q5 L, Q5 L Sportback 1 Qingdao, China FAW-Volkswagen Automotive Co., Ltd. 69,785 vehicles A3 L Sedan A3 Sportback 3 Ningbo, China SAIC Volkswagen Automotive Co., Ltd. 2,042 vehicles Q6 Roadjet 5 Anting, China SAIC Volkswagen Automotive Co., Ltd. 9,561 vehicles A7 L Sedan Q5 Roadjet e-tron 4 Amphur Pluakdaeng, Thailand Ducati Motor (Thailand) Co., Ltd. 11,503 vehicles DesertX, Diavel, Hypermotard, Monster, Multistrada, Panigale (Superbike), Scrambler, Streetfighter, SuperSport 7 Aurangabad, India ŠKODA AUTO Volkswagen India Private Limited 3,690 vehicles A4 Sedan A6 Sedan Q5 Q7 8 Asia Changchun, China (FAW-Volkswagen) Tianjin, China (FAW-Volkswagen) Qingdao, China (FAW-Volkswagen) Anting, China (SAIC Volkswagen) Ningbo, China (SAIC Volkswagen) Foshan, China (FAW-Volkswagen) Aurangabad, India (ŠKODA AUTO Volkswagen) Amphur Pluakdaeng, Thailand (Ducati
Audi Report 2021
Information on electric power consumption and CO₂ emissions in ranges depends on the vehicle’s selected equipment. ⁸ Detailed figures for fuel/electric power consumption and emissions can be found on page 124. ⁹ The table includes deliveries of 620,700 (674,700) vehicles manufactured by the associated company FAW-Volkswagen Automotive Co., Ltd., Changchun (China), and available and sold exclusively in China. ¹⁰ This includes 4,743 (4,240) fully electric Audi Q2 L e-tron models manufactured by the associated company FAW-Volkswagen Automotive Co., Ltd., Changchun (China), and available and sold exclusively in China. ¹¹ Lamborghini Urus: combined fuel consumption in l/100 km: 12.6 (NEDC); combined CO 2 emissions in g/km: 292; information on fuel consumption and CO 2 emissions in ranges depends on the selected wheel/tire combination. 2021 2020 ∆ in % Audi A1 64,178 63,468 1.1 Audi Q2¹⁰ 114,827 124,392 –7.7 Audi A3 179,399 218,026 –17.7 Audi Q3 258,616 217,016 19.2 Audi TT 8,714 9,832 –11.4 Audi Q4 e-tron 21,098 205 X Audi A4 215,227 250,162 –14.0 Audi A5 71,340 65,860 8.3 Audi Q5 293,069 278,272 5.3 Audi A6 244,191 273,750 –10.8 Audi A7 19,169 17,546 9.2 Audi e-tron 49,157 47,324 3.9 Audi e-tron GT⁷ 6,896 242 X Audi Q7 67,452 64,038 5.3 Audi Q8 41,584 38,699 7.5 Audi A8 23,708 22,290 6.4 Audi R8 1,887 1,651 14.3 Audi brand 1,680,512 1,692,773 –0.7 Lamborghini Urus¹¹ 5,021 4,391 14.3 Lamborghini Huracán 2,586 2,193 17.9 Lamborghini Aventador 798 846 –5.7 Lamborghini brand 8,405 7,430 13.1 Other Volkswagen Group brands 61 55 10.9 Automotive segment 1,688,978 1,700,258 –0.7 Car deliveries to customers by model series⁸,⁹ Deliveries of the Audi brand, quarterly trend 2020 2021 gegenüber Vorjahr in t h o u sa n d u n it s year-on-year +31.1% +46.5% –23.8% –34.2% –0.7% Q1 Q2 Q3 Q4 3 5 3 4 6 3 3 6 6 3 3 33 5 4 5 1 9 4 8 0 5 0 6 Audi Report 2021 41 S trateg y P ro d u cts & S ervices O p eratio n s & In teg rity V alu e C reatio n & P ro d u ctio n E m p lo yees & S o ciety A p p
Audi Report 2020
Furthermore, Audi Hungaria joins Brussels as the second net carbon-neutral Audi site.4 Read more see page 233 Audi models produced at the site: > A3 Cabriolet, S3 Cabriolet, TT Coupé, TT Roadster, TTS Coupé, TTS Roadster, TT RS Coupé, TT RS Roadster, Q3, Q3 Sportback, RS Q3, RS Q3 Sportback 5 Sant’Agata Bolognese, Italy Automobili Lamborghini S.p.A. This Italian brand is a fully owned subsidiary of AUDI AG. Sant’Agata Bolognese is home to its headquarters and main plant. A total of 1,779 (1,787) employees work here. In 2020, the company produced 7,250 (8,664) cars. Models produced at the site: > Aventador Coupé, Aventador Roadster, Huracán Coupé, Huracán Spyder, Urus 4 4 Audi regards net carbon neutrality as a state in which, following the exhaustion of other possible measures aimed at reducing the still remaining CO₂ emissions caused by the products or activities of Audi and/or currently unavoidable CO₂ emissions within the scope of the supply chain, manufacturing and recycling of Audi vehicles, at least quantitative compensation is provided through voluntary and globally conducted compensation projects. Throughout the utilization phase of a vehicle, meaning from when a vehicle is delivered to a customer, CO₂ emissions produced are not taken into account. Audi Report 2020 34 About the Report 7 6 Brussels, Belgium AUDI BRUSSELS S.A./N.V. The Belgian site is a key plant for electric mobility within the Audi Group. Audi has been producing the brand’s first electric car, the Audi e-tron, here since 2018. 42,188 (43,376) vehicles were manufactured there in 2020. The plant in Brussels is one of the brand’s two sites that already have net carbon-neutral4 operations. Audi models produced at the site: > e-tron, e-tron Sportback, e-tron S, e-tron S Sportback 6 Bologna, Italy Ducati Motor Holding S.p.A. Ducati produces motorcycles inspired by racing.
Financial Report 2019
. > A1 Sportback > A1 citycarver São José dos Pinhais/ Brazil Audi do Brasil Indústria e Comércio de Veiculos Ltda. > A3 Sedan > Q3 San José Chiapa/ Mexico Audi México S.A. de C.V. > Q5 > Q5 TFSI e 2) > SQ5 Changchun/China FAW-Volkswagen Automotive Company, Ltd. > Q3 > A4 L Sedan > Q5L > A6 L Sedan > A6 L Sedan TFSI e 2) Sant’Agata Bolognese/Italy Automobili Lamborghini S.p.A. > Huracán Coupé > Huracán Spyder > Aventador Coupé > Aventador Roadster > Urus Foshan/China FAW-Volkswagen Automotive Company, Ltd. > A3 Sedan > A3 Sportback > Q2L > Q2L e-tron 1) Aurangabad/ India ŠKODA AUTO India Private Ltd. > A3 Sedan > Q3 > A4 Sedan > Q5 > A6 Sedan > Q7 Manaus/Brazil DAFRA da Amazônia Indústria e Comércio de Motocicletas Ltda. > Scrambler > Diavel > Monster > Multistrada > Panigale > SuperSport Ingolstadt/Germany AUDI AG > Q2 > SQ2 > A3 Sedan > A3 Sportback > A3 Sportback e-tron 2) > S3 Sedan > S3 Sportback > RS 3 Sedan > RS 3 Sportback > A4 Sedan > A4 Avant > A4 allroad quattro > S4 Sedan > S4 Avant > RS 4 Avant > A5 Coupé > A5 Sportback > S5 Coupé > S5 Sportback > RS 5 Coupé > RS 5 Sportback Győr/Hungary Audi Hungaria Zrt. > A3 Sedan > A3 Cabriolet > S3 Sedan > S3 Cabriolet > TT Coupé > TT Roadster > TTS Coupé > TTS Roadster > TT RS Coupé > TT RS Roadster > Q3 > Q3 Sportback > RS Q3 > RS Q3 Sportback Tianjin/China FAW-Volkswagen Automotive Company, Ltd. > Q3 Neckarsulm/Germany AUDI AG, Audi Sport GmbH > A4 Sedan > A5 Cabriolet > S5 Cabriolet > A6 Sedan > A6 Sedan TFSI e 2) > A6 Avant > A6 allroad quattro > S6 Sedan > S6 Avant > RS 6 Avant > A7 Sportback > A7 Sportback TFSI e 2) > S7 Sportback > RS 7 Sportback > A8 > A8 TFSI e 2) > A8 L > A8 L TFSI e 2) > S8 > S8 L > R8 Coupé > R8 Spyder 1) fully electric vehicle 2) plug-in hybrid drive STRATEGY // BASIS OF THE AUDI GROUP 0 1 1 STRATEGY With our “consistently Audi” strategy communicated in the year under review of 2019, we want to make a major contribution to the transformation into a new age of mobility.
Executive-Summary
Audi is also forging new paths with this publication: The Executive Summary is a condensed version of the magazine and the financial section of the previous Audi Annual Report. It provides investors, analysts and all stakeholders of the Audi Group with information about the company’s current financial situation, offers background information, and explains connections and the strategic corporate goals. This publication integrates parts of the Financial Report and enhances them with a strategic classification. Consistently focused, con sis tent ly transparent – those are the principles of the Executive Summary. You can find the detailed Financial Report of the Audi Group and other publications online at www.audi.com/annual-report. AAll year long, Audi Financial Communication offers content relevant to the capital markets and informative events for investors and analysts. Under the motto “Talking Business,” Audi Financial Communication provides information on the company’s current situation in the Executive Summary as well as online at regular intervals at www.audi.com/talking- business and in the AUDI AG LinkedIn profile. Substantiated. Comprehensible. Compact. Talking Business You can reach Financial Communication at AUDI AG online or by telephone, email or postal mail: AUDI AG Financial Communication / Analytics, Investor Relations I/FU-23 Auto-Union-Straße 1 85045 Ingolstadt Germany Phone: +49 841 89-40300 Fax: +49 841 89-32524 email: ir@audi.de www.audi.com/investor-relations LinkedIn: www.linkedin.com/company/audi-ag 1 https://www.audi.com/en/company/investor-relations/reports-and-key-figures/annual-reports.html https://www.audi.com/en/company/investor-relations/talking-business.html https://www.audi.com/en/company/investor-relations/talking-business.html http://www.linkedin.com/company/audi-ag A p r i l 2 0 1 9 In China for China Audi presents the Audi Q2 L e-tron at Auto Shanghai. This model is designed especially for China and is built at the Foshan plant.
Audi Group Quarterly Report, January 1 to March 31, 2020
Audi Group Quarterly Report January 1 to March 31, 2020 Audi Vorsprung durch Technik Audi e-tron Sportback 55 quattro – market introduction in Europe planned for second quarter of 2020 INTERNAL AUDI GROUP FROM JANUARY TO MARCH 2020 – CORE MESSAGES • Coronavirus pandemic means massive challenges, both for the economy as a whole and for Audi: Lower demand and supply bottlenecks led to production stoppages and short-time working at Audi sites Coronavirus pandemic also affected delivery volumes and Audi’s financial performance in the first quarter Audi Group’s crisis management team is coordinating all countermeasures and planning the gradual restart of production, focusing on the health of employees, stabilization of core processes and targeted liquidity management • Deliveries of cars of the Audi brand to customers declined by –21.1 percent to 352,993 (447,247) vehicles as global demand for cars dropped by –23.3 percent; statutory measures in connection with the coronavirus pandemic (including the shutdown of dealerships and lockdowns) also contributed to this development • Revenue was lower than in the prior-year period at EUR 12.5 (13.8) billion due to pandemicrelated market effects; Audi Q3 models and Audi e-tron had a positive effect • Operating profit was EUR 15 (1,100) million; in addition to the negative market development, the principal factor here was turbulence on the raw material and financial markets, which led to very negative fair values for commodity hedges and negative currency effects (reduction of around EUR –0.5 billion in Q1/2020); Operating return on sales at 0.1 (8.0) percent • Net cash flow still solid at EUR 1.0 (1.2) billion; Audi still has a stable financial base, with net liquidity of EUR 18.8 billion (March 31, 2020) • Outlook for 2020 considerably influenced by coronavirus pandemic: Deliveries of cars of the Audi brand to customers, revenue and operating profit forecast at a level significantly below the prior year Net cash flow expected
Audi Sustainability Report 2019
. > A1 Sportback > A1 citycarver Ingolstadt Germany AUDI AG > Q2 > SQ2 > A3 Sedan > A3 Sportback > A3 Sportback e-tron [2] > S3 Sedan > S3 Sportback > RS 3 Sedan > RS 3 Sportback > A4 Sedan > A4 Avant > A4 allroad quattro > S4 Sedan > S4 Avant > RS 4 Avant > A5 Coupé > A5 Sportback > S5 Coupé > S5 Sportback > RS 5 Coupé > RS 5 Sportback Neckarsulm Germany AUDI AG, Audi Sport GmbH > A4 Sedan > A5 Cabriolet > S5 Cabriolet > A6 Sedan > A6 Sedan TFSI e [2] > A6 Avant > A6 allroad quattro > S6 Sedan > S6 Avant > RS 6 Avant > A7 Sportback > A7 Sportback TFSI e [2] > S7 Sportback > RS 7 Sportback > A8 > A8 TFSI e [2] > A8 L > A8 L TFSI e [2] > S8 > S8 L > R8 Coupé > R8 Spyder Bratislava Slovakia VOLKSWAGEN SLOVAKIA, a.s. > Q7 > Q7 TFSI e [2] > SQ7 > Q8 > SQ8 > RS Q8 Győr Hungary Audi Hungaria Zrt. > A3 Sedan > A3 Cabriolet > S3 Sedan > S3 Cabriolet > TT Coupé > TT Roadster > TTS Coupé > TTS Roadster > TT RS Coupé > TT RS Roadster > Q3 > Q3 Sportback > RS Q3 > RS Q3 Sportback Sant’Agata Bolognese Italy Automobili Lamborghini S.p.A. > Huracán Coupé > Huracán Spyder > Aventador Coupé > Aventador Roadster > Urus The Audi Group, with its brands Audi, Lamborghini and Ducati, is one of the most successful manufacturers of automobiles and motorcycles in the premium segment. In 2019, the Audi Group delivered 1,845,573 (2018: 1,812,485) automobiles of the Audi brand, 8,205 (2018: 5,750) sports cars of the Lamborghini brand and 53,183 (2018: 53,004) motorcycles of the Ducati brand to customers. Sales: EUR 55,680 (2018: 59,248) million. Operating profit: EUR 4,509 (2018: 3,529) million. Approximately 90,783 people work for Audi around the world, of whom 60,083 are in Germany. Volkswagen AG is the major shareholder of AUDI AG and controls around 99.55 percent of the share capital. The Audi Group (headquarters: Ingolstadt), is present in more than 100 markets worldwide and produces at 16 [3] locations in 12 countries.