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Audi closes 2017 with new record-breaking sales

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Audi AG has increased its global sales for the eighth year in a row. Despite a turbulent first half of the year, the company achieved a new record-breaking figure: Around 1,878,100 deliveries represent an increase of 0.6 per cent. The Four Rings sold more than in the previous year in all three core markets in 2017: In the United States, Audi achieved new record-breaking sales month by month and closed the year 2017 with growth of 7.8 per cent. In China, Audi not only managed to offset the poor delivery figures from the first half of the year, but even achieved a cumulative increase of 1.1 per cent in the year-end spurt. In Germany, sales built on the very high level in 2016 with an increase of 0.4 per cent.
“Despite a very challenging situation we achieved positive growth in all core markets in 2017 and achieved a new record-breaking sales result worldwide. Every single market contributed to this outcome. This demonstrates the attractiveness of our product portfolio to our customers,” says Bram Schot, Board Member for Sales and Marketing at Audi AG.
Since June, Audi has managed to return to growth in China, steadily reducing the cumulative year-on-year decline month by month and ultimately achieving a positive sales balance. In the period January through December, the brand increased its deliveries by 1.1 per cent to 597,866 automobiles. With this new all-time high, the company continues to maintain its lead in the Chinese premium market. Following on from its similar achievement in November, China also posted the highest volume growth of any individual market in the last month of 2017. Here the sales figures once again increased sharply, up 34.3 per cent to 69,160 automobiles year-on-year. Never before had so many Chinese customers taken delivery of an Audi in a single month.
Audi of America also achieved another successful year despite the declining overall market. Audi was the only premium manufacturer in the United States to grow steadily in 2017: up 7.8 per cent to 226,511 units. In December 2017, the company also celebrated its 84th record-breaking month in a row (+16.3 per cent to 26,977 units).
With high growth throughout the year, Audi Canada (+17.9 per cent to 36,007 cars) also established itself as a firm fixture among the top ten largest markets.
Despite numerous political and economic uncertainties, sales in Europe rose 0.4 percent to around 860,600 cars. In addition to Germany (+0.4 per cent to 294,544 cars), Italy (+10.5 per cent to 68,954 cars) and France (+3.6 per cent to 63,980) achieved new annual record-breaking figures. The market downturn in the UK had a negative impact on overall results: With 175,217 deliveries and a drop of 1.3 per cent, total Audi sales in the United Kingdom, however, comfortably outperformed the declining overall market.

The global increase in demand for the Q models (+10.8 per cent to around 689,150 cars) was a major factor in the growth of the Four Rings in 2017. More than one out of every three Audi models sold was therefore an SUV. The best-selling Q model in Europe is the Q2. Apart from Germany (23,167 units), other major buyers here included the UK (12,636 units) and Italy (11,068 units). Global sales of the Audi Q3 once again increased in December (+11.3 per cent to around 20,950 cars). In 2017, the most successful member of the Q family was the Audi Q5 with around 281,850 automobiles delivered. The most Audi Q5 models were delivered to the individual market China. The successor model will go on sale at Chinese dealers as a long-wheelbase version in spring 2018. The Audi Q7 also saw sales increase by 3.9 percent in 2017. Since the start of the year, sales of the full-size SUV have increased in North America alone by about a fifth to around 43,800 units.

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AutoBeat / Auto Trends

Motoring Tips: 38 FRSC Traffic Offences & Their Penalties

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If caught violating a traffic rule and you wish to wave your right to a court trial, the alternative is to pay the prescribed fine for the particular offence.

In line with our vision to engender an enlightened society with emphasis on the automotive sector, Autojosh presents a list of FRSC traffic offences together with their corresponding penalties.

  1. Traffic/Sign violation

•Penalty: N2, 000

 

  1. Road obstruction

•Penalty: N3, 000

  1. Route violation

•Penalty: N5, 000

  1. Driver’s Licence violation

•Penalty: N10, 000

  1. Dangerous driving

•Penalty: N50, 000

  1. Speed limit violation

•Penalty: N3, 000

  1. Vehicle Licence violation

•Penalty: N3, 000

  1. Driving under alcohol or drug influence

•Penalty: N5, 000

  1. Driving with worn-out tyre or without spare tyre

•Penalty: N3, 000

  1. Driving without or with shattered windscreen

•Penalty: N3, 000

  1. Overloading

•Penalty: N5, 000

  1. Driving without seatbelt

•Penalty: N2, 000

 

  1. Driving a vehicle without forged documents

 

Penalty: N20, 000

 

  1. Failure to report an accident

 

Penalty: N20, 000

 

  1. Vehicle number plate violation

 

Penalty: N3, 000

 

  1. Wrongful overtaking

 

Penalty: N3, 000

 

  1. Road marketing violation

 

Penalty: N5, 000

 

  1. Caution violation

 

Penalty: N3,000

 

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AutoBeat / Auto Trends

Hyundai posts strong April 2018 global sales

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Hyundai Motor Company, South Korea’s largest automaker and No.1 Selling Korean automaker in the world, has announced its global sales results for April 2018, posting a total of 391,197 units sold, up 11.1 per cent from a year earlier.

The highest growth since December 2014 was led by strong sales of new SUV models – the all-new Santa Fe and Kona – while a recent sales rebound in the Chinese market also largely contributed to the growth.

Sales in overseas markets totaled 327,409 units, representing an increase of 12.2 per cent year-over-year. Sales increased significantly as the company’s popular subcompact SUV Kona expanded to key markets and demand remained strong in emerging markets such as Brazil, Russia and India.

Sales in the Korean market increased by 5.7 per cent compared to the same period of the previous year, recording 63,788 units sold. The all-new Santa Fe became the best-selling model in Korea for the second consecutive month, posting 11,837 units sold.

Hyundai Motor plans to maximize profitability by continuing its SUV sales momentum globally.

Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.

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AutoBeat / Auto Trends

Volkswagen forecasts Nigeria automobile market rebound

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Volkswagen AG expects a rebound in vehicle sales in Nigeria as the economy recovers, the head of the company’s South African operations said.

Sales in the West African nation dropped to less than 40 units last year, according to the company. Nigeria was one of several African oil exporters hit hard when crude prices crashed in 2014, but the economy is recovering as oil rebounds.

“Now that the oil price has been recovering hopefully this situation will reverse and we can assemble and see a few hundred cars in the next year or so,” Thomas Schaefer said in an interview at a conference in the Rwandan capital, Kigali.

Volkswagen resumed building cars in Nigeria in 2015, it’s first factory on the continent outside South Africa. The company is set to start producing models including the Polo, Passat and Teramont at an assembly plant in Rwanda next month.

We are “expecting to start with at least 2,000 cars in 2018 alone, but I would love to get to 10,000 cars,” Schaefer said.

While VW is continuously assessing opportunities in countries like Ethiopia, Ghana and Tanzania for expansion, “with these new markets it is a bit of a long shot,” he said.

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