Audi celebrates record Q1 results, despite Europe slip

09/04/2018
Audi celebrates record Q1 results, despite Europe slip
Automotive group Audi has said the first three months of 2018 were the best first quarter in the company’s history.

Between January and March the company sold 463,800 vehicles worldwide, 9.8% more than in the same quarter last year. There was particularly high demand in China (+41.9%) and North America (+10.2%).

In Europe, however, sales since January came in below the record-breaking level from 2017, down 4.7%.

“The record-breaking start to the year provides us with important momentum,” said sales director Bram Schot on announcing the results. And he said Audi is confident of a resurgence in European sales throughout the rest of 2018 because it has new A7, A6, A1 and Q3 models coming out.