Audi’s best-ever half-year.
Audi brand delivered a total of 981,681 vehicles worldwide between Jan and June 2021, registering a growth of 38.8% compared to 707,225 vehicles delivered during the same period last year. The record deliveries reflected in the financial performance as well, with a sales revenue (Audi Group) of €29.2 billion—a growth of 42.7% over the previous year. The revenue includes Lamborghini’s share of €961 million, which is a growth of over 25% compared to last year’s €766 million.
Except for Germany, every other market recorded double-digit growth in the first half of 2021. While the overall growth of 38.8% was Audi’s best-ever in the brand’s half-year growth history, a nearly 60% growth in America was Audi’s best-ever half-year in the market and so was a 38.4% growth in China. The point is, the first half of 2021 was great for Audi.
Net cash flow stood at €5,512 million (2020: €1,953 million), and Audi said that the Group is “financially robust and well-positioned for the future”.
As for the electrification plans, Audi said that it’ll gradually phase out ICE-based vehicles by 2033 and go carbon-neutral by 2050. By 2025, the company plans to have more than 20 all-electric models in its portfolio.