Speech to a 124th Annual General Meeting of AUDI AG

Posted on 16. May, 2013 by in Audi Canada

Ladies and Gentlemen,

my Board of Management colleagues and we would like to acquire we to a Annual Shareholders’ Meeting of AUDI AG during a site here in Neckarsulm with a prolonged and prestigious tradition. More than 14,700 employees here furnish reward and oppulance automobiles. The following Audi models hurl off a open lines any day:

  • A4 Sedan  
  • A5 and S5 Cabriolet
  • A6 Sedan, Avant, allroad and S6
  • A7 and S7 Sportback
  • A8, A8L and S8
  • and a hybrid versions of a A6 and A8.

Neckarsulm is also a domicile of quattro GmbH, a sporty subsidiary. At present, we supply a following tip models:

  • Audi R8, R8 Plus,

and both of them as open roadster versions underneath a Spyder name,

  • RS 5 Cabriolet,
  • RS 6 Avant
  • and RS 7.

On Feb 25 this year, we delivered a five-millionth Audi with a quattro expostulate system. quattro – a record of permanent all-wheel expostulate is an idol for Vorsprung durch Technik. Out of a 179 opposite engine control gears, we now offer a accumulation of 140 quattro systems. To make certain that such ideas arise that can also be implemented, we closely filigree a prolongation and expansion engineering. In Neckarsulm for example, we have a lightweight construction center, a pre-series center, a expansion of diesel engines for motorsport and highway cars and a pattern of a vehicle roofs.

And in Oct final year, we inaugurated a new Engine Test Center. With 57 exam benches, it is a world’s largest and many innovative trickery to exam engines. In brief: There’s a lot here for visitors to discover. That’s because a Audi Forum Neckarsulm is a large captivate both in a shred and beyond. Since this smashing building was non-stop in May 2005, 1.4 million visitors have picked adult their new automobiles, participated in plant tours or visited one of a several events in a Audi Forum.

Ladies and Gentlemen,

when we demeanour behind during a year 2012, it can be epitomised utterly good with these headlines concerning Audi:

  • “Audi Q3 is a Germans’ favorite car” 
  • “Audi A3 wins a Golden Steering Wheel”
  • “Triumph for Audi hybrid during Le Mans”
  • “Audi to build a plant in Mexico”
  • And: “Audi acquires Ducati”

We continued a success story in a year 2012. We set a march for a destiny with some strategically critical decisions. “We” – that is a fascinating brands Audi, Lamborghini and Ducati – as good as Italdesign Giugiaro, a cunning core for pattern and engineering. And Audi includes countless other subsidiaries as well.

Here, we are holding batch – and a bottom line says: We were intensely successful in 2012.

Last year, we delivered some-more than 1,455,000 automobiles of a Audi brand: about 152,000 some-more than in 2011. In other words: Every 22 seconds, we palm over a new Audi to a patron in one of some-more than 100 markets worldwide. Today, we sell scarcely twice as many cars as 10 years ago.

At a commencement of 2012 – identical to this year – mercantile indicators were by no means indicating towards expansion everywhere. Especially not in Europe, that is still a many critical market, with bill problems in many countries, ensuing in a need for open assets and remodel programs, high stagnation among immature people, as good as capricious consumers and entrepreneurs. All of this dampened mercantile expansion and demand. In a euro zone, it indeed contracted.

That is because we am quite gratified with a array of cars we shipped final year.

  • Firstly, Audi grew in all regions of a year in 2012 – also in Europe.
  • Secondly, we achieved new best sum in all of those regions.
  • And thirdly, compared with a altogether market, we grew during an above-average rate.

Two regions were generally energetic for us:

  • North America, with an boost of scarcely 19 percent
  • and Asia/Pacific,with a good 28 percent plus.

We grew in Europe as well, opposite a ubiquitous marketplace trend, in fact. We had to float opposite a stream and done good swell nonetheless. In comprehensive terms, a home continent is still a many critical sales region. We delivered 739,000 automobiles in Europe – a good 30 percent some-more than 10 years ago. In comparison: The sum marketplace in Europe has not indeed grown in that time – though we have stretched by some-more than one third. At a same time, we know that 2013 is a formidable year.

Let’s take a closer demeanour during a marketplace conditions in Europe. Spain has reached a lowest marketplace volume given 1986. Demand in Italy is during a turn of 1979, that means that a vehicle marketplace has been thrown behind by some-more than 33 years.

It is loyal that Audi has a better-than-average opening there too, though a disastrous marketplace expansion has not left us inexperienced either. We achieved a European expansion elsewhere.

In a United Kingdom for example: Audi achieved a new sales record of some-more than 123,000 units and an boost of 7 percent compared with 2011. At one time, we were a array 3 in a reward shred there, and now we are battling neck-and-neck for initial place.

In Russia for example, 44 percent expansion is a strongest of all a top-ten markets. We have doubled a sales volume to about 33,500 units in usually 3 years. And Russia is also a marketplace with good prospects for a future. That’s transparent from a numbers given a commencement of this year. Since Jan 2013, we have achieved expansion in shipments of 14 percent.

And as a final example, in Germany, we achieved a new sales record of 263,000 units. That means for a initial time, we were a reward code array one in a vehicle business in a domestic marketplace – on a home territory of a large 3 reward brands. And this year, we have so distant confirmed a turn of final year.

Let’s demeanour opposite a Atlantic: We profited to an above-average grade from a impetus of a US market. A conspicuous fact is that given Jan 2011, any singular month – 28 months in a quarrel that is – was a record for Audi in a United States. It is also appreciative that not usually a apportion of business is increasing, though also a quality. In 2010, roughly any fifth Audi sole in a United States was a indication from a tip reward segment. Today, any third Audi sole there is an A6, A7, A8 or Q7.

Three grant on China: We once again significantly extended a lead over a foe in 2012. Audi gained some-more new Chinese business than ever before within one year. We were a initial reward retailer to pass a sorcery symbol of 400,000 deliveries in one year. In comparison: We achieved that array in 1995 worldwide; currently in China alone. At a finish of 2010, we delivered a one-millionth Audi in China. It took us some-more than 20 years to do that. We afterwards announced that we would strech a second million within 3 some-more years. We will in fact get there about a center of this year.

Ladies and Gentlemen,

that brings us from a markets to a models, a drivers of this growth. The Q-model family has prolonged given determined itself as a second cornerstone of a section sales. Every fourth Audi is already an SUV. More than 200,000 units sole final year make a Audi Q5 a tellurian marketplace personality in a shred once again. And it has hold this position but any interruptions given 2009. For a tiny brother, a Q3, 2012 was a initial full year on a market, and with a successful performance: Nearly 80,000 units were delivered in Europe alone. This year, we will launch a Q3 in additional markets, and have started internal prolongation in China.

Our deliveries in a full-size shred also continued to boost during an above-average rate. The suit of models in a prestigious C and D segments has continued to grow in new years. And given final year, a new S-models – S6, S7 and S8 – have also been available. They give a indication array even some-more tension and sportiness. At a same time, we have done serve estimable potency swell compared with those models’ predecessors: for instance a Audi S8 with an forlorn diminution in fuel expenditure of about one quarter. We grasp these potency advantages with technologies like a cylinder-on-demand system.

In serve to a S models, we stretched a full-size segment, with a A8 hybrid version. This indication follows a Audi Q5 hybrid quattro and a A6 hybrid, that have been accessible given 2011. Audi therefore has a bigger swift of full variety than all a competitors.

Every singular indication that we launched in 2012 sets standards. Also in a shred of compress cars. we would like to stress one of them: a new Audi A3. For us, but a doubt a many critical new indication of a year 2012. Since a initial generation, that was launched in a mid-1990s, a Audi A3 has been a motorist of a growth:

Around a center of this year, we will palm over a three-millionth A3 to customer. Our business desired a new era right from a start, and a press was also convinced. That’s one of a reasons because we won a Golden Steering Wheel in 2012, a many critical esteem awarded by a European vehicle press.

The Audi A3 is a proof of critical record of a future. Here are 3 examples: Keyword lightweight construction: 80 kilograms weight saved – that’s conspicuous with a compress car.

  • Keyword connectivity: Via integrated Facebook we can find out where
    your friends are located and devise a track true to them. And we can entrance stream sight or moody information. That’s usually a tiny preference of a many possibilities that a new A3 offers.
  • Keyword efficiency: With a 1.6 liter TDI engine, a new A3 has CO2 emissions of usually 99 grams per kilometer.

And in early March, we presented twin some-more models during a Geneva Motor Show.

The A3 g-tron with bivalent gasoline/natural-gas expostulate and emissions of 95 grams of CO2 per kilometer in natural-gas operation. A patron regulating Audi e-gas, is indeed pushing a A3 g-tron CO2-neutral.

The second new indication presented was a Audi A3 e-tron. This plug-in hybrid manages 35 grams per kilometer. Apropos e-tron. We impressively demonstrated a strengths, of this Audi-technology on a racetrack in 2012. With  a feat of a Audi R18 e-tron Quattro in a 24 Hours of Le Mans and with a universe record of a R8 e-tron on a Nürburgring. We gained a lot of believe from a work on this record-holder and a A1 e-tron fleet, generally with courtesy to high-performance wiring and thermal management. This believe is now being eliminated into a indication series. So for us, a models mentioned are a pacemakers on a approach to series-produced electric cars.

In a examination of 2012, we would now like to speak about another new arrival. Since Jul 2012, Ducati has belonged to a Audi Group. The latest member of a family is fascinating, sporty, fast- and after 5 decades, we have reawakened a company’s motorcycle genes. With a brands DKW and NSU, we were once a biggest manufacturer of motorcycles in a world.

In a past 10 months, Ducati has gained us a lot of new friends. And this brand’s fan bottom is flourishing not usually with us. With some-more than 44,000 motorcycles, Ducati set a new record for deliveries in 2012. That’s approximately 4 percent some-more than in 2011. Ducati is in direct all over a world, with continual expansion in Western Europe, Asia and North America.

The biggest particular marketplace was a United States with some-more than 9,300 motorcycles sole – twice as many as in 2003. Why do we discuss that? Because a applicable altogether marketplace has engaged by some-more than half in a same period. So Ducati successfully employed one of a many formidable times in a American motorcycle business as an opportunity.

This is in line with a suggestion that connects a twin brands – Audi and Ducati – and a people behind them, in a same approach as a mindfulness for emotive products and pioneering technology. Three examples: Last autumn, Ducati presented a Hypermotard. Deliveries to business will start this year, along with a Multistrada 1200 S Pikes Peak in a new demeanour and feel, and a new 1199 Panigale R, a tip chronicle of a sports motorcycle from Bologna.

Ladies and Gentlemen,

25 mins by vehicle from Ducati is a Lamborghini headquarters. Our colleagues there also demeanour behind on a successful year 2012. The pivotal figure is deliveries of 2,083 super sports cars, 30 percent some-more than in 2011. The Lamborghini Aventador was a motorist of that growth. 2012 was a initial full year on a market. This year, we will follow adult with a launch of a Aventador Roadster. Customer seductiveness is enormous. Production is already lonesome by orders into a second entertain of 2014. Excellent conditions for a successful festival year: Because Lamborghini celebrates a fiftieth anniversary in 2013. Last week, we were in Sant’Agata Bolognese for a central ceremony.

Let’s have a brief demeanour during how a past year is reflected in a Audi Group’s pivotal financial metrics.

We increasing a income in 2012 by about 10.6 percent to a new record turn of 48.8 billion euros. We even surpassed a record handling distinction of a before year once again, with gain of 5.4 billion euros. This is intensely positive, generally opposite a backdrop of a formidable mercantile situation.

As we already settled during a annual press conference: There are years in a attention in that one reaps, and there are years in that one sows. Our tip priority for this year is to deposit in destiny technologies and to enhance a capacities. Over a subsequent years, we are scheming for a subsequent vital expansion step towards twin million automobiles. CFO Axel Strotbek will give we some some-more financial sum in a few minutes. 

But before that, let us demeanour during a people who have worked tough and sexually to grasp these results. At a finish of 2012, 68,804 people worked during a Audi Group. Worldwide, we took about 5,800 new employees on board. Ducati is enclosed in that figure. But we also strengthened a workforce by means of targeted new recruitment.

In Germany alone, we recruited tighten to 3,000 people, including about 1,600 experts especially in a fields of electric mobility and lightweight construction. Another 620 learned workers were given full contracts of employment, many of whom had formerly had proxy contracts. And scarcely 750 immature people started an tutelage or twin march of investigate in Ingolstadt or Neckarsulm. In Győr a new vehicle plant will go online during a finish of June. For that reason, we combined some-more than 1,600 new employees there final year. At a site in Brussels, we recruited about 200. In other words, some-more people assimilated a Audi family in 2012 than ever before in one year.

Ladies and Gentlemen, any particular during a association has done a grant so that we can news such certain sum to we today. Whoever contributes to success should also attend in it. That’s a reason for a Audi distinction sharing.

This year, a employees of AUDI AG lonesome by common salary agreements will accept an normal of 8,030 euros each. In sequence to serve strengthen a association pension, we will commend an employer-financed serve to a retirement grant requirement of adult to 1,000 euros out of a distinction share. Our subsidiaries in Germany and abroad have their possess arrangements for vouchsafing employees attend in their successful business operations.

Before we palm we over to Mr. Strotbek, it is critical to me to take this event to contend “thank you” to all of a employees during all of a sites around a world. It creates one unapproachable to work for Audi.

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