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05/22/14
Ingolstadt
Company

Audi CEO Stadler at Annual General Meeting: “Clear ambition to take first place”

  • Board of Management Chairman Rupert Stadler: “Starting the second phase of our model offensive this year”
  • CFO Axel Strotbek: “An operating return on sales in the target corridor of eight to ten percent in 2014, despite intensive advance expenditure”
  • More than 2,000 new experts to support Audi’s innovation course

The Audi Group is systematically continuing along its path of global growth. In the year to date, the company has already delivered more than 560,000 automobiles to its customers. In order to satisfy demand for the cars with the Four Rings, Audi is operating with special shifts. This year alone, the premium brand intends to launch 17 new models and derivatives on the market. At the same time, the Ingolstadt-based company is pressing ahead with the biggest investment program in its history: By 2018, approximately €22 billion is to flow into the development of new models and technologies and the expansion of international manufacturing structures. Despite the high levels of advance expenditure, the Audi Group aims to achieve an operating return on sales within its strategic target corridor of eight to ten percent. This year alone, the company intends to recruit 2,000 new experts and 750 apprentices in Germany.

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