German car giant Audi announced the results of the first quarter of 2025’ on Monday, and compared to the same period of 2024’ %It reported revenue of €15.4 billion, up 12.4 percent. The main reason for this was a better mix and higher battery electric vehicle (BEV) sales.
This happened despite obstacles such as increased competition, a weak global economic outlook, and geopolitical instability.
Operating profit in the first quarter of the year reached 537 million Euro’. Return on sales %It was 3.5; This was mainly due to the high costs of goods sold, the provisions of the CO2 regulation and the high BEV share. Net cash flow was -61 million euros.
Audi, worldwide in the first quarter of the year %It delivered 46,371 electric cars, up 30.1 percent. France’ in demand for these electric vehicles %While there was an increase of 169’, demand also increased in Switzerland’ %It's up 120.
EV sales in Netherlands’ %While increasing by 87 percent, Norway’te %An increase of 64’ was recorded. Similarly, Audi’nin in electric cars in the German domestic market %There was an increase of 59’.
Total Audi deliveries reached 383,401 vehicles in the first quarter; This is compared to the same quarter of 2024. %That's 3.4 down.
Gernot Döllner, CEO of Audi’, said in a earnings press release on the Volkswagen Group’'s website: The first few months of “2025’ saw us take decisive steps towards repositioning our company. This includes the future-oriented agreement signed in March between the company management and the business council, which aims to increase productivity, speed and flexibility at our German facilities.”
“ will continue to be quite challenging this year due to global economic conditions. However, Audi has started to implement its strategy and continues to do so. Our model initiative is now step-by-step into global markets. We are especially encouraged by the sales and order purchases of our new electric models.”
Audi’'s CFO ’ (CFO) Jürgen Rittersberger also said: “Our key figures for the first quarter clearly show that we need to continue to improve our efficiency and competitiveness, and therefore continue the transformation of Audi’ with all our strength.”
He added: “The agreement for the future has set the right course. Together, we will overcome challenges and necessary changes and bring Audi’ back to the forefront.”
As for the full year's outlook, the Audi Group expects revenue to be between €67.5 billion and €72.5 billion, while operating margin is likely to be between €67.5 billion and €72.5 billion. %With the 7 %He expects it to be between 9. Net cash flow is expected to be between €3 billion and €4 billion this year.
In its earnings press release for the first quarter of 2025, the company said: In the current high volatility environment, especially in the USA, the financial effects of import tariffs cannot be assessed with certainty.
“As certain parts of the agreement are being worked on, the future financial implications of the agreement are currently being assessed. As a result, the estimate does not yet include these two factors.”
Audi Sees Increased Demand for All-Electric Vehicles
Audi’'s all-electric model deliveries in the first quarter of 2025 compared to the same quarter last year %It increased by 50.4 to 25,129 units. Germany’da Audi, %An increase of 59’ delivered 8,640 fully electric vehicles.
Europe excluding GermanyGeneral Audi brand deliveries in ’ in the first quarter of the year %3 declined to 112,707 units. Germany’da Audi deliveries in the first three months of the year %It increased by 4.8 to 48,447 units.
The company also experienced its best first quarter to date in terms of deliveries across all drive types in Poland, Croatia and Austria’.
North American deliveries (except Mexico), mainly due to the fact that some models are currently undergoing generation change %It declined by 2.1 to 48,599 units.
Deliveries in China’ in the first quarter of the year compared to the same quarter last year %7 declined to 144,471 units. The main reason for this was the increased competition in the Chinese domestic market.
That's why Audi is working to rapidly grow its electric vehicle portfolio and strengthen its Chinese operations with local consumer-specific models, as well as partnerships with local partners.
