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Company Profile For Audi AG

Audi AG (NSUG.DE) (Xetra)
sector: Cyclical Consumer Goods & Services · industry: Auto & Truck Manufacturers ·
As of  25 Nov 2009
474.80EUR
Price Change
+0.80
Percent Change
+0.17%
 
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Overview

Audi AG is a Germany-based inventor and producer of automobiles. It manufactures Audi models such as A3, S3, TT, A4, S4, RS4, A5, S5, Q5, A6, S6, RS6, Q7, A8, S8, R8 and Lamborghini. In 2008, Audi AG enhanced its model portfolio by adding TT TDI, TTS Coupe and Roadster, A3 Cabriolet, S3 Sportback, Q5, Q7 V12 TDI as well as successor models to A4 Avant, sporty S versions of A4 and RS 6. It also produced R8 TDI Le Mans, Q7 V12 TDI coastline, A3 TDI clubsport quattro, A4 TDI concepte and A1 Sportback concepte. The Company operates worldwide through its fully consolidated and non-consolidated subsidiaries, such as AUDI BRUSSELS S.A./N.V. in Belgium, a part of the manufacturing network; AUDI HUNGARIA MOTOR Kft. in Hungary, which develops and manufactures engines for Audi AG and other companies; Automobili Lamborghini Holding S.p.A. in Italy, which produces Lamborghini Gallardo and Murcielago; and quattro GmbH in Germany which produces sports cars and customized Audi vehicles, among others.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Audi AG's revenue decreased 16% to EUR14.53B. Net income for the period decreased 26% to EUR671M. Revenue reflects decreased demand for the Company's products and services in Rest of Europe, Asia-Pacific and North America business divisions. Net income for the period suffered from decreased operating profit margins due to higher other operating expenses as well as increased financial expenses.

Company Address

Audi AG
Auto-Union-Strasse
Ingolstadt     85045
P: +49841.890
F: +49841.8932524

Total Employees

57624

Find Out More About NSUG.DE

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