Saudi Aramco makes almost $42 billion profit – Toyota’s earnings surprisingly collapse

Audi lowers sales forecast – fewer deliveries

The Ingolstadt-based carmaker Audi is lowering its sales forecast for the full year 2022 due to lower deliveries. Of the Sales volume will participate throughout the year 60 to 63 billion euros two billion euros lower than previously predicted, said Audi CFO Jürgen Rittersberger on Friday. the return on sales at the Volkswagen subsidiary, on the other hand, I will eleven to 13 percent two percentage points better than previously expected.

With a view to the coming year, Rittersberger said that the well-filled order books indicate a strong start. “We continue to assume that demand will outstrip supply.” This excess demand is a good prerequisite for being able to push through high sales prices on the market. At the same time, however, inflation is not leaving Audi unaffected. In addition to rising expenditure on raw materials and energy, there would also be higher wage costs. “The costs will be higher than this year,” he said. Although the supply of semiconductors improved slightly in the third quarter, Audi also expects disruptions in the supply chains in 2023.

In the first nine months In the current financial year, Audi delivered almost 1.2 million cars to customers, 11.4 percent fewer than a year ago. Of the Sales volume improved, however, by four billion euros to just under 44.6 billion eurosthe operating profit rocketed to 6.3 from 3.9 billion euros up that return on sales was included 14 percent. Rittersberger spoke of “very strong price enforcement”: Audi had to give fewer discounts or sometimes no discounts at all. The brands Bentley, Lamborghini and Ducati, which belong to the brand group, also contributed to the strong performance.


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