AutoBeta(AutoBeta.net)05/05 Report--

P.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 14.0px SimSun; color: # 484848}

P.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 18.0px 'Hiragino Sans GB'; color: # 4d4f52; min-height: 27.0px}

P.p3 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; font: 16.0px 'PingFang SC'; color: # 323333}

P.p4 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; font: 16.0px 'PingFang SC'; color: # 323333; min-height: 22.0px}

P.p5 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px 'PingFang SC'; color: # 323333}

P.p6 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px 'PingFang SC'; color: # 323333; min-height: 22.0px}

Span.s1 {font-kerning: none}

Span.s2 {font: 16.0px Arial; font-kerning: none}

Audi recently reported a decline in sales in the first quarter of 2019 compared with the previous year. Due to the downside of the global auto market and the concentrated replacement of many products, its sales revenue and operating profit in the first quarter decreased slightly compared with the same period last year.

In the first quarter, Audi's revenue reached 13.812 billion euros (104.288 billion yuan), down 9.84 percent from a year earlier, while operating profit reached 1.1 billion euros (8.306 billion yuan), down 15.38 percent from a year earlier. In terms of sales, Audi delivered 447247 Audi-branded cars worldwide in the first quarter, down 3.6 per cent from the same period last year. Despite the weakness of the overall market, Audi has performed well in China, with sales of 159334 vehicles in the first quarter, up 3.3 per cent from a year earlier.

Audi's official analysis said that financial indicators and the decline in global sales were mainly affected by adverse factors such as the implementation of the Global Light vehicle Test Code (WLTP), the replacement of new models and the depressed economic environment. In terms of emission testing, Audi has basically completed the certification of all engine and gearbox combinations, and is preparing for the second phase of the global light vehicle test code, which will be implemented this autumn.

With the delivery of Audi's first pure electric model e-tron, the Audi brand is making every effort to transition to the electrified era, but during the transition period, Audi is also facing huge R & D costs. It is understood that Audi plans to invest 40 billion euros (302.02 billion yuan) in research and development in electrification and self-driving by 2025, which not only lays out the future, but also casts a shadow over the brand's financial data.

However, Audi Group forecasts a substantial increase in delivery volume in 2019 in the second half of this year, and expects sales revenue to increase slightly in 2019.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat