China's market continued to recover, and Audi AG's profit in the third quarter was 2.75 billion euros.

(Text/Peng Kefeng) Recently, audi ag officially released its third quarter financial report. According to official statistics, in the third quarter of this year, the after-tax profit of Volkswagen Group was 2.75 billion euros, down 18.7% year-on-year. Obviously, although the epidemic has dealt a great blow to this multinational car company, it was able to return to profitability in the third quarter, which proved that its brand appeal is still strong.

In terms of output, Volkswagen Group produced 2.445 million new cars in the third quarter, down 4.2% year-on-year. 260,000 new cars were delivered1.2 million, a year-on-year decrease of1.1%; Total revenue was 59.36 billion euros, down 3.4% year-on-year. Obviously, the epidemic has brought great pressure to Audi.

Volkswagen Group said that it was able to turn losses into profits in the third quarter, to a certain extent, thanks to the sustained recovery of sales in China market. In the third quarter of this year, Volkswagen's sales in China increased by 3% year-on-year, while Volkswagen's global sales decreased by 1. 1%. In addition, Volkswagen also benefited from a series of cost-cutting measures introduced by the company earlier this year.

In addition, in the first three quarters of this year, Volkswagen Group sold 6.5 million vehicles worldwide, down 65,438+08.7% year-on-year. Revenue was 65.438+0555 billion euros, down 654.38+06.7% year-on-year, and the decline gradually narrowed. Pre-tax profit was 2.3 billion euros. Among them, the positive cash flow of the automobile sector turned positive, reaching 65.438+0.4 billion euros, and the net liquidity rose to 24.8 billion euros.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.