Last $856.06 USD
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10/28/13 - $948.22
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08/30/13 - $818.00
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audi ag (AUDVF) Details

AUDI Aktiengesellschaft develops, produces, and sells motor vehicles, other vehicles, and engines primarily in Germany and internationally. It operates through Automotive and Motorcycles segments. The company offers cars in the premium and supercar segments, as well as sells motorcycles. It also provides accessories, machinery, tools, and other technical articles, as well as sells used cars. AUDI Aktiengesellschaft offers its cars under the Audi and Lamborghini brands; and motorcycles under the Ducati brand, as well as sells vehicles of the Bentley, SEAT, Skoda, VW Passenger Car, and VW Commercial Vehicle brands. The company was founded in 1899 and is headquartered in Ingolstadt, Germany. AUDI Aktiengesellschaft is a subsidiary of Volkswagen AG.

73,751 Employees
Last Reported Date: 03/11/14
Founded in 1899

audi ag (AUDVF) Top Compensated Officers

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audi ag (AUDVF) Key Developments

Audi Provides Sales Guidance for the Year 2014

Audi provided sales guidance for the year 2014. For the period, the company expects to 'significantly' beat 2013 global sales of 1.57 million units.

Audi Announces Sales Results for the Half Year of 2014

Audi announced sales results for the half year of 2014. For the period, the company reported sales volume for the first half of the year with sales of 869,350 units, a rise of 11.4% year on year over year. In June, it posted sales of 155,450 units which translated to a rise of 10.8% year over year during the month. The main growth drivers in model terms were strong sales of the new A3 range, including the new sedan model launched last year, and its range of sport utility vehicles (SUVs). A3 sales rose by 49.4% y/y in the first six months of the year to 144,750 units, while global deliveries of the third quarter rose by 37.0% year over year in the first half.

Audi AG Introduces New Lightweight Springs to Production Models

Audi AG is introducing new, lightweight suspension springs made of glass fiber-reinforced polymer (GFRP) in an upper mid-size model before the end of 2014. The GFRP spring, which Audi developed in collaboration with an Italian supplier, even looks different than a steel spring. It is light green, the fiber strand is thicker than the wire of a steel spring, and it has a slightly larger overall diameter with a lower number of coils. Most importantly, however, it is some 40% lighter. Whereas a steel spring for an upper mid-size model weighs nearly 2.7 kilograms (6.0 lb), a GFRP spring with the same properties weighs just approximately 1.6 kilograms (3.5 lb). Together the four GFRP springs thus reduce the weight by roughly 4.4 kilograms (9.7 lb), half of which pertains to the unsprung mass. The core of the springs consists of long glass fibers twisted together and impregnated with epoxy resin. A machine wraps additional fibers around this core - which is only a few millimeters in diameter - at alternating angles of plus and minus 45 degrees to the longitudinal axis. These tension and compression plies mutually support one another to optimally absorb the stresses acting on the component. In the last production step, the blank is cured in an oven at temperatures of over 100 degrees Celsius. The GFRP springs can be precisely tuned to their respective task, and the material exhibits outstanding properties. It does not corrode, even after stone chipping, and is impervious to chemicals such as wheel cleaners. Last but not least, production requires far less energy than the production of steel springs.


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