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
/N.V. 50,302 vehicles e-tron, e-tron S e-tron Sportback, e-tron S Sportback Q8 e-tron, Q8 Sportback e-tron SQ8 e-tron, SQ8 Sportback e-tron 2 Crewe, United Kingdom Bentley Motors Ltd.⁴ 16,385 vehicles Bentayga Continental GT, Continental GTC Flying Spur 1 ⁴ The Bentley brand was consolidated effective January 1, 2022. The production and delivery figures include models of the Bentley brand for the first time in 2022. The number of employees also includes employees of the Bentley brand for the first time. ⁶ Production of semi-knocked-down (SKD) vehicles. With this procedure, the cars are completely assembled to start with. Then they are partially dismantled and transported as kits to Kaluga or São José dos Pinhais. Assembly is carried out in accordance with the technical and quality specifications of AUDI AG. ⁷ Production from January to March 2022. Against the background of the Russian attack on Ukraine, at the beginning of March the Volkswagen Group Board of Management decided to stop the production of vehicles in Russia until further notice.
Audi Report 2021
Information on fuel consumption and CO 2 emissions in ranges depends on the selected wheel/tire combination. ⁵ The two models Audi Q5 e-tron and Audi A7 L are manufactured by the associated company SAIC Volkswagen Automotive Co., Ltd., Shanghai (China), and available and sold exclusively in China. ⁶ The model Audi Q2 L e-tron is manufactured by the associated company FAW- Volkswagen Automotive Co., Ltd., Changchun (China), and available and sold exclusively in China. ⁷ Audi e-tron GT quattro: combined electric power consumption in kWh/100 km: 19.6– 18.8 (NEDC), 21.8–19.9 (WLTP); combined CO₂ emissions in g/km: 0. Information on electric power consumption and CO₂ emissions in ranges depends on the vehicle’s selected equipment. Audi RS e-tron GT: combined electric power consumption in kWh/100 km: 20.2–19.3 (NEDC), 22.6–20.6 (WLTP); combined CO₂ emissions in g/km: 0. Information on electric power consumption and CO₂ emissions in ranges depends on the vehicle’s selected equipment. 2021 2020 ∆ in % Audi Q2 L e-tron⁶ 3,092 3,768 –17.9 Audi Q4 e-tron 27,696 261 X Audi Q5 e-tron⁵ 17 – X Audi e-tron 44,972 42,901 4.8 Audi e-tron GT⁷ 9,602 244 X Total fully electric model series (BEV) 85,379 47,174 81.0 Plug-in hybrid models (PHEV) 83,670 64,845 29.0 Total electrified model series (BEV + PHEV) 169,049 112,019 50.9 Production of electrified model series, Audi brand The plant in San José Chiapa in Mexico built 137,634 (124,298) vehicles, an increase of 10.7 percent. 34,860 units of the new Audi Q5 Sportback⁴ were produced here in the year under review. In China, FAW-Volkswagen built 605,933 (671,970) vehicles in 2021. Following the production start of the Audi Q5 e-tron and Audi A7 L⁵ models in Anting (China), the associated company SAIC Volkswagen produced 1,075 Audi vehicles locally for the first time.
Audi is establishing a high-voltage battery development at the Neckarsulm site
Audi Communications 1/2 Key statements Audi is establishing a high-voltage battery development at the Neckarsulm site Neckarsulm, October 27, 2021 – Audi is expanding its development of high-voltage batteries and banking on the Neckarsulm location for that. With that strategic decision, technical development will be intensified for the future and Neckarsulm will become a center of competency for a key electromobility technology. Additionally, a battery center for testing high-voltage storage technologies will go into operation by 2023. Further proof that Audi is transforming its locations and setting the course for the age of electric mobility. Oliver Hoffmann (Member of the Board for Technical Development): • “High-voltage batteries and electric engines make up an important strategic component of future value creation in a transformed auto industry. That is why we are systematically expanding our competency in developing these components.” • “The high-voltage energy-storage system is the component that promises the greatest competitive edge. The fact that we are expanding our competencies in this field is therefore an important investment in the future of the Neckarsulm development site and its employees. We are initially focusing on training and knowledge building. In the coming years, HV batteries will be developed here for various fully electric Audi models.” • “We are orienting our Technical Development unit toward the future: with systems engineering, we are revolutionizing the way we develop cars. With this integrated approach, we are mastering the increasing complexity in development. Fred Schulze (Neckarsulm Plant Manager): • “The company’s investment decision to locate high-voltage battery development and a battery facility in Neckarsulm is a clear commitment to electrification and with it the site’s long-term security.” • “A course for an electric future will be set at this site.
Quarterly Update Audi Group
The production of the new Audi Q4 e-tron family started at the Volkswagen multi-brand plant in Zwickau in spring 2021, with 14,366 cars manufactured by the end of September. Production heavily affected by semiconductor supply shortages in Q3/21 1,126,555 1–9/20211–9/2020 1,177,149 +4.5% 1–9/2021 1–9/2020 Δ % Ingolstadt (GER) 216,748 224,088 -3.3 Neckarsulm (GER) 109,454 106,201 3.1 Zwickau (GER) 14,366 173 X Győr (HUN) 128,036 111,141 15.2 San José Chiapa (MEX) 112,904 81,537 38.5 Brussels (BEL) 30,636 25,782 18.8 China (all sites) 447,271 464,991 -3.8 Other sites 117,734 112,642 4.5 Total 1,177,149 1,126,555 4.5 38% 1% 26% 35% A0/A segment* B segment C segment D segment 1–9/2021 1–9/2020 Δ % BEV production 54,556 27,926 95.4 PHEV production 68,626 38,370 78.9 Total NEV 123,182 66,296 85.8 5.91-9/2020 10.51-9/2021 * Detailed information on car segments can be found in the Audi Fact Pack NEV share in % of total production 449 Q3Q1 Q2 368 304 460 454 268 Audi brand, quarterly development in k units 2020, 2021 Production + 22% ↗ + 51% ↗ -41% ↘ https://www.audi.com/content/dam/gbp2/de/company/investor-relations/reports-and-key-figures/interim-reports/audi-fact-pack-Q3-2021.xlsx https://www.audi.com/content/dam/gbp2/de/company/investor-relations/reports-and-key-figures/interim-reports/audi-fact-pack-Q2-2021.xlsx 10 Extended CONFIDENTIAL Deliveries to customers Audi brand, by region in units AUDI AG 9M/2021 Quarterly Update Audi Group October 29, 2021 2. Finance and key figures – Deliveries to customers, Audi brand Deliveries to customers Audi brand, in units/by segment in % of total The Audi brand delivered 1,347,637 (1,187,190) cars to customers worldwide in the first nine months of 2021, an increase of 13.5% overall.
Car quartet
AUDI AG – 09/2021 Noteworthy: The third generation of the Audi 100, which was introduced in the summer of 1982, stood out particularly because of its good aerodynamics (cd value: 0.30) and was chosen as car of the year in 1983. Audi 100 CS (C3) AUDI AG – 09/2021 Launch: 1980 Max. power: 125 kW (170 PS) Max. torque: 265 Nm Maximum speed: 202 km/h (125.5 mph) Acceleration (0 –100 km/h (62 mph)): 8.6 s Unladen weight: 1,260 kg (2,778 lbs.) Noteworthy: The Audi 200 5T with the 2.1 liter five-cylinder turbo was the first turbocharged gasoline engine produced in Ingolstadt and it dueled with the Mercedes S-Class in the early 1980s. Audi 200 5T (C2) AUDI AG – 09/2021 Noteworthy: In the early 1990s, the S2 Coupé was supposed to succeed the Audi Ur-quattro. Today, well preserved cars from this line are rare and expensive because only 7,370 were produced. Launch: 1990 Max. power: 162 kW (220 PS) Max. torque: 309 Nm Maximum speed: 248 km/h (154 mph) Acceleration (0 –100 km/h (62 mph)): 6.1 s Unladen weight: 1,420 kg (3,130.5 lbs.) Audi S2 Coupé AUDI AG – 09/2021 Noteworthy: The “Ur-quattro” earned its good reputation above all at rallies, which in turn helped make it a popular car. Later on, almost every model offered a quattro version. Launch: 1980 Max. power: 147 kW (200 PS) Max. torque: 285 Nm Maximum speed: 222 km/h (138 mph) Acceleration (0 –100 km/h (62 mph)): 7.1 s Unladen weight: 1,300 kg (2,866 lbs.) Audi quattro AUDI AG – 09/2021 Launch: 1984 Max. power: 294 kW (400 PS) Max. torque: 460 Nm Maximum speed: 210 km/h (130.5 mph) Acceleration (0 –100 km/h (62 mph)): 4.4 s Unladen weight: 1,050 kg (2,314 lbs.) Noteworthy: The wheelbase was shortened by 32 centimeters (12.5 inches) as compared with the “Ur-quattro.” The Sport quattro is a light, compact powerhouse so it can meet the homologation requirements for group B rally cars. Audi Sport quattro Rallye AUDI AG – 09/2021 Noteworthy: The Audi Sport quattro S1 is one of the most extreme rally cars of all time.
Quarterly Update Audi Group
1st Quarter Finance and Key Figures
Quarterly Update Audi Group Q12021 Audi A6 e-tron concept: The vehicle shown here is a concept car that is not available as a production model. INTERNAL Insight into strategy, sustainability topics and financial development in FY2020 FY and quarterly figures, glossary https://www.audi.com/content/dam/gbp2/de/company/investor-relations/reports-and-key-figures/interim-reports/audi-fact-pack-q1-2021.xlsx https://www.audi.com/content/dam/gbp2/en/company/investor-relations/reports-and-key-figures/annual-reports/audi-report-2020.pdf https://www.audi.com/content/dam/gbp2/en/company/investor-relations/reports-and-key-figures/annual-reports/audi-report-2020.pdf INTERNAL FINANCIAL HIGHLIGHTS & KPI OVERVIEW Q1 ↗ Strong momentum of Q4/2020 also in Q1/2021: 31% increase in deliveries to customers compared with prior-year period despite lasting regional sales restrictions and semiconductor bottlenecks – strong growth especially in China and USA ↗ Revenue rose by 13% supported by positive mix and price effects and reflects strong China business ↗ Operating profit reached €1.4bn and the operating margin 10.0% – tailwind as a result of positive valuation effects of commodity hedges ↗ Net cash flow strong with €3.1bn, supported by high profit, temporary and deferred working capital effects and capex discipline ↗ Audi outlook for 2021 remains unchanged: cautiously optimistic, however ongoing coronavirus pandemic and the current uncertainty regarding the supply of semiconductors complicate forecast (numbers in brackets represent prior-year figures) went up to declined to ↘ ↗ NCF increased to Net liquidity fell to increased to Corresponding margin up to of the Audi brand amounted to 31% increase ahead of the global automotive market, which rose by 20%. Deliveries of fully electric models increased by 27% to ↗ ↗ ↗ rose to ↗ INTERNAL Electric mobility is becoming dynamic and fascinating, as proven by the Audi e-tron GT.
Audi Report 2020
Audi Report 2020 92 4 Figures for fuel/electric power consumption and CO₂ emissions → see page 312 ff. 6 Audi e-tron GT quattro: combined electric power consumption in kWh/100 km: 20.2–18.8 (NEDC); combined CO₂ emissions in g/km: 0 7 Audi e-tron: combined electric power consumption in kWh/100 km: 28.8–21.4 (NEDC); combined CO₂ emissions in g/km: 0 Operations & Integrity Production of electrified vehicles, Audi brand4 2020 2019 Δ in % Audi e-tron 28,301 43,185 –34.5 Audi e-tron Sportback 14,600 191 X Audi e-tron GT quattro 244 – – Audi Q2 L e-tron 3,768 2,867 31.4 Total fully electric vehicles (BEV) 46,913 46,243 1.4 Plug-in hybrid models (PHEV) 65,106 16,054 X Total electrified vehicles (BEV + PHEV) 112,019 62,297 79.8 The Mexican plant in San José Chiapa was only able to restart production in June 2020 as the pandemic spread later in Mexico. The situation in the Audi production network continued to stabilize in the second half of 2020, and output increased by 12.2 percent year-on-year between July and December 2020. The New Energy Vehicle (NEV) share – in other words, fully electric and plug-in hybrid vehicles as a proportion of total production of Audi brand vehicles – increased by 6.8 (3.5) percent in 2020. Start of production of new Audi models Production of the Audi A3 Sportback started in Ingolstadt in the first quarter of 2020, ushering in the new generation of the A3 family. Following the start of production of the Audi e-tron GT quattro6 in Neckarsulm, the Four Rings have been producing the first fully electric Audi in Germany since December 2020. In the reporting period, FAW-Volkswagen produced the Audi Q3 Sportback locally in Tianjin (China) for the first time. In addition, local production of the Audi e-tron7 started in Changchun Audi Report 2020 93 Operations & Integrity (China) in the third quarter of 2020. This is the second fully electric vehicle to be produced locally, the first being the Audi Q2 L e-tron8 (production start 2019).