Audi is Western Europe’s Top Premium Brand
Audi sold 45,124 cars in Western Europe in January, topping its fellow German rivals BMW and Mercedes-Benz
By Alex Ricciuti
February 16, 2009 10:30 PM
Filed Under: Audi, Corporate/Financial, European, German
Audi continues on the warpath and its strategy of matching and exceeding its fellow German rivals BMW and Mercedes-Benz in sales seems to be working.
For the first time, Audi reported sales figures for January 2009 which topped its premium brand competitors. The automaker, part of the VW Group, sold 45,124 new vehicles in Western Europe, beating both Mercedes-Benz and BMW.
It seems Audi's market share is benefiting from the slump in auto sales currently hitting the market not only in Western Europe but all over the world. For January, its market share in the region was 5.1 percent, compared with a 3.9 percent share in January 2008.
Peter Schwarzenbauer, who heads Sales and Marketing at Audi AG, believes that the age of the brand's product range is what is helping the automaker gain share in the market. Audi has one of the youngest fleets in the premium segment. Last year, it released 12 new models and for the first half of 2009 there will be 6 more.
A lead in monthly sales has been a long time coming for the Ingolstadt-based premium automaker, which has spent the past two decades creating a brand name that can match the more established ones of BMW and Mercedes-Benz. Whether the image of an Audi has caught up with the prestige of either of those brands is still an open question and one difficult to quantify. But sales figures, one cannot argue against.
Press Release (Click to expand)
* Number of newly registered Audi models overtakes that of premium competitors
* Marked rise in Audi's market shares
* Schwarzenbauer, Head of Sales and Marketing: "Full speed ahead for our product offensive"
In January, Audi surpassed its premium competitors with regard to new-vehicle registrations in Western Europe. The Ingolstadt-based automotive manufacturer sold 45,124 new vehicles in this region in January - far more than either of its key competitors. While the overall market has come under pressure, Audi managed to considerably increase its market shares. The brand with the four rings accounted for 5.1 percent of new Western European vehicle registrations in January 2009. Audi's market share for the same month last year was 3.9 percent.
These figures demonstrate that AUDI AG has perpetuated the upward trend of recent months. Throughout the last quarter of 2008, the brand with the four rings was consistently at the top of its class with market shares above five percent.
For Peter Schwarzenbauer, Member of the Board of Management for Sales and Marketing at AUDI AG, this triumph is explained primarily by the brand's young product range. In 2008 alone, the Ingolstadt-based company launched twelve new models. "We have moved our product offensive into the passing lane," says Schwarzenbauer. "Particularly in economically strained times, it is crucial that we at Audi offer our customers precisely what they want. We must offer appealing and sporty models which stir enthusiasm among Audi fans - vehicles that are also highly energy-efficient and low on consumption. In 2009, we will remain on the offensive."
During the first half of 2009 alone, six new Audi models are scheduled to hit the market. Schwarzenbauer adds: "By 2015, we expect to offer Audi customers 40 different models, all loaded with forward-thinking technologies. To this end, we invest some two billion euros annually in product development."
Recent research corroborates just how fruitful Audi's brand strategy and its model range already are. The market research institute Simpson Carpenter conducted a representative survey to determine which vehicles constitute Germans' dream cars. As it turns out, Audi has become Germany's most beloved automotive brand. The German trade journal auto motor und sport published similarly positive opinions about the brand with the four rings. Indeed, 100,000 of its readers selected the Audi A4, Audi A6, and the new Audi Q5 as the best vehicles of 2009.
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Comments
BMW brand - 60,248 -22% Audi brand - 56,300 -29%
Edited by user on February 17, 2009 at 4:30 PM
Edited by user on February 17, 2009 at 4:39 PM
That said, I am waiting for the chorus of "See? Audi's better than Mercedes and BMW!". I think indahead was right on the money - they are very decent cars, but Merc and BMW just have a certain... something. Something inquantifiable. That's why, in my addled mind, Audi remains a competitor more to Lexus than the other germans...
I was curious to read what people think about this topic and after all I read...I couldn't help myself replying.
First of all, is't really funny to listen to Americans talking about top-quality. I mean no Offend to any one of you - my point is that in the US market is well known that the cars are LOWER quality in regard to the European market (I mean US car Makers and what is considered to be top-quality). Therefore it is of no surprize to me that you speak of Mercedes and BMW as car manufacturers of the High-Quality make. Well..the truth is that they -WERE- benchmark of high-qualitiy, reliable, durable and well built cars. And that was some 20 years ago. Now they have reduced the quality and let down on many aspects. They rely on the past.. At the moment BMW is trying to attract the customers with it's freaking and ugly design. Looking "fancy" and "cool" and "modern" but nothing like a BMW or a German car. They look more Korean or anything but German premium brand (not trying to isnult the good Korean cars here). On the other hand side Mercedes is trying ...really desperately trying to show some class in their cars. Their poor attempts to "make" an elegant & classic car do not seem to match with "we want to be modern".
While the one is trying to be what is not, the other is pathetic in it's attemtp to BE what it USED TO BE! The worst thing of all this is they both LOWERED the quality and many customers turned back on them. Here is AUDI. Audi was neglecting brand some 10-15 years ago. But they grow up extremely fast in the last 10 years. And what they do - they offer to the run-away customers what was not delivered by the competition. The only good things left in BMW nowadays are their brilliant engines. Yes, their engines are jewels!
AUDI you say! Here in Europe AUDIs are getting more and more every year. And when I say you Americans speak of BMW and Merc as quality benchmark is because you're not used to AUDI quality. AUDI is well ahead of BMW and MERC in quality execution and many people buy it just because it's built well. The selection and quality of materials is better, the whole thing is put together better. You should also consider that here in the EU market AUDI costs more than BMW and Merc...(most of the selected models) And people prefer to pay a little extra but know what they get for their money! The quality guys! Yes...AUDI are like made on XEROX ...all the same...hard to tell which one is which. Same like the majority of the people who buy them! At the end of the day who cars...better get this one instead of ugly BMW or beeing classical in pathetic way in Merc!
Audi is planning a massive expansion on the US market. I wonder what you will say in 2 years time...
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