Audi Hungária revenue up 5.8%; threefold production increase slated
The Hungarian unit of Germany-based automobile manufacturer generated revenue of €5.588 billion in 2013, up 5.8% year-on-year from €5.282 billion, data announced at Audi headquarters in Germany on Tuesday reveals. Audi Hungária’s investments came to €968 million in 2013, down from €1.038 billion in 2012.
Last year, Audi completed a €900 million plant at its base in Győr that will turn out A3 Sedan models. The car is the first Audi is making entirely in Hungary.
Engine production generated two-thirds of revenue last year. Production of four-cylinder petrol and diesel engines dominated.
Audi Hungária chairman Thomas Faustmann said that output of the unit goes into all Volkswagen group brands, adding that, in terms of volume, most output went into the A3 Sedan last year.
In January, Audi representatives announced that engine output in Hungary rose by about 10,000 to 1,925,636 last year. According to company statistics, 42,851 vehicles rolled off the assembly line in 2013, a nearly 28% y.o.y. increase.
Headcount at the end of 2013 reached 10,337, up more than 19%.
Looking forward, company representatives today stated that output in Győr will triple this year to more than 120,000. Serial production of the third-generation TT Coupe, unveiled at the 2014 Geneva International Motor Show last week, is expected to start in July, and output of this model is expected to account for about 10% of production at the base. Some 500 chassis have been made, Faustmann said.
This year, A3 Sedan models will account for 70% of car production while A3 Cabriolet models make up 30%. Faustmann promised that more models are expected to be produced at the plant, saying that “the wait will not be much longer” for the TT Roadster.
Audi Hungária HR director Erzsébet Knab stated that Győr plant workers would be receiving a profit-sharing payment equivalent to 1.7 times their monthly salaries in May.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.