Wednesday, September 3, 2008

Press Release

Audi Certified Pre-Owned (CPO) sales continued to grow with another record-setting month; compared with last year’s August figures, CPO sales rose to 2,841 units, up 20.8%.

“We have a strong portfolio of all-new models which has helped sustain interest in Audi and drive showroom traffic through this otherwise tough period,” said Johan de Nysschen, executive vice president, Audi of America. “Our Audi dealers were so successful in selling down our 2008 model year A4s that our inventory came up a bit short to satisfy consumer demand. The all-new 2009 model year A4 vehicles are arriving now. Based on sold orders and consumer interest through our website and at local dealer launch events, we expect strong demand for this segment-leading sedan, and excellent sales for September.”

Audi continues to impress industry analysts and other third-party industry watchers. J.D. Power and Associates, the respected industry organization that measures, among other things, quality within the auto industry, recently noted that Audi posted the greatest ranking improvement in initial quality during the 2008 J.D. Power Initial Quality Survey. The Audi Q7, A3, A4 and A6 have also been recognized by the Insurance Institute for Highway Safety (IIHS) as Top Safety Picks in 2008, earning Audi the most Top Safety Pick designations for 2008 models of any luxury automaker this year.

Audi of America and its 272 dealers offer a full line of German-engineered luxury vehicles. The Audi line up is one of the freshest in the industry with 23 models, including 12 models launched during model years 2008 and 2009. Audi is among the most successful brands globally. Last year AUDI AG recorded its 12th consecutive record year for sales and profit growth.

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