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05/23/19
Neckarsulm
Company
“Consistently Audi”: Board of Management presents corporate realignment to shareholders

130th Annual General Meeting of AUDI AG
130th Annual General Meeting of AUDI AG
  • CEO Bram Schot: “We want to lead the change in the premium segment with the most attractive form of sustainable mobility”
  • CFO Alexander Seitz “The basis is further efficiency progress from the successfully started Transformation Plan”
  • Accelerated e-roadmap: sales target of 40% volume share for electrified models by 2025
  • Planned upscaling of “Audi on demand” premium mobility service with strong partner; further cooperations targeted in strategic areas
  • Customer advisory committee for a consistently customer-focused approach
  • Challenging transitional year 2019 with more than 20 market launches, repercussions of WLTP changeover and macroeconomic slowdown 

Audi will become a provider of holistic CO2-neutral premium mobility, with the aim of assuming a leading role among its competitors. The manufacturer is therefore accelerating its electrification roadmap and company-wide decarbonization. By 2025, the vehicle fleet’s CO2 footprint is to be reduced as a first step by 30 percent over its entire lifecycle compared with 2015. In the future, return on investment as a key financial steering parameter will also reflect the CO2 performance of the Four Rings and is to rise to more than 21 percent through sustainable management. The Board of Management is presenting the realignment at the 130th Annual General Meeting in Neckarsulm and providing information on current business developments. While Audi is mastering a challenging year 2019 with substantial operationally adverse factors, the premium manufacturer is pressing ahead with its transformation and aims for a significant increase in corporate value in the long term. The Four Rings will focus strictly on customer-relevant innovations, will further develop its business model profitably and will realize synergies within the Volkswagen Group and in external partnerships. The guiding principle of the far-reaching transformation is “Consistently Audi.”

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