Audi Sets Records for Deliveries, Revenues and Profits in 2011

Audi has set personal records for deliveries, revenues and profits in 2011. Deliveries were up 19.2% to over 1.3 million vehicles, revenue was up 24.4% to €44.1 billion and profits were up by over 60% to €5.3 billion. Audi made an average of 12.1% on each vehicle it sold. 

“With these rate of return ratios, the Audi Group is one of the most profitable companies in the automotive industry,” said Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization.

Audi made the largest part of its revenue, 38%, from its largest vehicles - the A6, A7, A8 and Q7. 

Due to the significant increase in revenue, Audi will pay each of its German employees €8,251 as part of the company's profit sharing agreement. 

It expects to have similar profits in 2012. It plans to launch 18 models this year including the A1 Sportback, new A3 and more variations of the Q3 and A6. It will also expand the Gyor, Hungary, plant to build the new A3 and expand the Ingolstadt and Neckarsulm plants with a €8 billion investment over the next five years. It will also employ 1,200 new workers in Germany in 2012. Audi is also building a factory in Foshan, China, which is the second in the country, that will be finished in 2013.