AUDI AG · Ingolstadt Germany ·(German: NSU)
Company Description
Phone: +49-841-89-0
Fax: +49-841-89-3252-4
Toll Free: 800-367-2834
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This link will open in a new window AUDI, a subsidiary of Volkswagen , is an upscale carmaker that sells about 1 million cars per year. AUDI's staple models in its lineup of A-series cars include the A3, A4, A5, A6, and A8. Other models include the TT Roadster, TT Coupe, the S4, the Q7, and an all-wheel-drive wagon -- the A6 allroad quattro, which is marketed in Europe but not in North America. Audi Financial Services provides financing for leasing and purchasing vehicles, offers an Audi Visa Signature credit card, and handles insurance through Liberty Mutual . Italy-based subsidiary Automobili Lamborghini makes the extravagant Murcièlago. AUDI gets about three-quarters of its sales in Europe. To read the full description, subscribe now.
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Key AUDI AG Financials
| Company Type | Public - German: NSU Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $48,199.3 |
| 2007 Employees | 53,347 |
AUDI AG Executives
27 executives listed for AUDI AG's Ingolstadt, location.
| Title | Name & Bio | Contact |
| Honorary Chairman | Carl Hahn | Network |
| Chairman of Supervisory Board | Martin Winterkorn | Network |
| Deputy Chairman of the Supervisory Board | Berthold Huber | Network |
Competition
Competitive Landscape for AUDI AG
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top AUDI AG Competitors
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