Investor Visit to AUDI AG, Ingolstadt, 23 rd November 2010 Taking the lead via Vorsprung durch Technik Axel Strotbek CFO, Member of the Board, AUDI AG
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Audi deliveries growing much faster than major car markets [Audi deliveries by region, 1-10/2010] Western Europe +3.7% Eastern Europe +13.1% North America +22.3% 2009 2010 Overall market +10.0% 2009 2010 Overall market -4.9% 2009 2010 Overall market +6.3% Asia-Pacific +49.3% 156.4 233.5 South America +63.6% 2009 2010 Overall market +9.6% Africa/Middle East +38.2% 2009 2010 Overall market +10.0% 2009 2010 Overall market +26.5% Worldwide +16.4% 2009 2010 Overall market +11.2%
Audi Group posts new record profit in the first 3 quarters of 2010 2009 Jan.-Sep. 2010 Jan.-Sep. Change Revenue [EUR million] 21,689 25,998 + 19.9% Operating profit [EUR million] 1,172 2,271 + 93.8% Operating margin [Percent] 5.4 8.7
Numerous market launches in 2010 A1 S5 Sportback A8 RS 5 Coupe R8 V8 Spyder A7 Sportback January February March April May June July August September October November December R8 Spyder A3 TT A8 L A8 L W12
The art of progess the new Audi A8
Audi A8 Superior efficiency Fuel efficiency increased by up to 22% Audi A8 3.0 TDI: 6.0 liters of diesel/100 kilometers (39.20 US mpg) 159 grams of CO 2 /kilometer (255.89 g/mile) New-generation Audi Space Frame: 40% lighter than steel body Extended modular efficiency platform
The next big Audi the all new Audi A1
A new class the all new Audi A7 Sportback
High flexibility thanks to production turntable Brussels Ingolstadt Neckarsulm Győr
Optimal use of synergies through modular longitudinal and transverse platforms Previously Introduction of modular platform strategy Body Platform Module D C B A A0 A00 Synergies E D C B A A0 A00 Synergies Body Vehicle specific Platform Modules 100% vehicle
Audi Group achieves major productivity advances [Employees Audi Group (average, in thousand) vs. Audi deliveries (in thousand vehicles)] 58.9 49.4 52.4 1,080 829 653 2000 2005 2010
The automotive industry faces huge challenges Politics Markets Technology Climate Changing conditions for the automotive industry Resources Mega-Cities Values
The Audi roadmap of sustainable mobility Optimized combustion engines and alternative fuels Lightweight / Reversal of the weight spiral Hybrid Electric vehicles
Efficiency today 53 Audi model variants with emissions of less than 140 grams CO 2 /kilometer (225.31 g/mile) 19 Audi model variants with emissions of less than 120 grams CO 2 /kilometer (193.12 g/mile)
and tomorrow Audi Q5 hybrid Audi A8 hybrid
The Audi way to an electrical future e-performance project house Concentrates expertise across divisions Core team of 30 staff New development and testing center for electric drive systems Consolidation of experts Around 840 employees e-performance research project With scientists and industrial partners Applied research
The Audi e-tron family
Audi on its way to a new record in deliveries [in thousand vehicles] 1,080 1,003 950 917 829 653 448 1995 2000 2005 2008 2009 1-10/2010 FC 2010
Strategy 2020 Audi: the number one premium brand Vision Audi: the number one premium brand via expertise, passion and agility. Mission We via the best brand experience. delight customers worldwide via innovative and emotional products. Goals Continuous growth Image leader Superior financial strength Most attractive employer
Strategy 2020 Audi: the number one premium brand 6.Potential upside Product portfolio extension North American expansion and market recovery 5.Synergy potential Leveraging best practices within the Group Purchasing, production and distribution benefits 1.Growth market focus Increased market penetration Emerging markets expansion Balanced global footprint Most attractive employer Image leader Continuous growth 2. Modular platform strategy Reduction in investment, development and unit costs Scale and efficiency effects Increased production flexibility Reduced time to market Superior 3. Capital discipline financial strength >18% RoI target >8% profit before tax margin 4.Operating profit measures Around 6% capex in PPE/sales Strong cost control Process / product optimization Regional scale effects
Axel Strotbek CFO, Member of the Board, AUDI AG