display

Ingolstadt (dpa) - Audi is “cautiously optimistic” for the current year.

CFO Arno Antlitz said on Thursday in Ingolstadt: "Our ambitious goal is to grow significantly compared to the previous year."

After the significant decline in the past year, sales figures and sales are expected to increase strongly, while the profit margin is expected to rise to at least 7 percent of sales.

However, there are reservations with regard to the corona crisis and the supply of semiconductors.

CEO Markus Duesmann said the supply chains were broken in several places.

"The effects can be clearly felt through rescheduling."

A good 10,000 fewer cars would therefore be built in the current quarter.

However, he expects Audi to make up for the lost numbers over the course of the year.

Things are going well in China, where Audi sold around 700,000 of the 1.7 million cars sold last year.

"We expect further significant growth in 2021," said Duesmann.

The board of directors expects a certain recovery in the markets around the world, as Antlitz said.

display

By the summer Audi wants to decide how long the company will continue to build cars with gasoline and diesel engines.

The strategy is currently being revised, said Duesmann.

He had already announced that Audi would no longer develop any new combustion engines.

At the same time, Duesmann warned of excessive CO2 limit values ​​in the EU: The benefit for the climate would be very small, but the technical effort would be very high, "and we will then lack the money for the development of battery-electric vehicles," said the Audi boss.

"The combustion engines finance the transformation."

© dpa-infocom, dpa: 210318-99-871794 / 2