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losangelesnewstoday.com June 18, 2018


Audi teases e-tron GT

17 March 2018, 01:32 | Dawn Berry

Audi CFO Seitz speaks during the company's annual news conference in Ingolstadt Thomson Reuters

Audi CFO Alexander Seitz speaks during the company's annual news conference in Ingolstadt Germany

The Audi Group announced that the company has increased its revenue and earnings under hard conditions in 2017 as the revenue surpassed the mark of €60 billion, which is more than double of what they did over the last eight years. The carmaker set aside 387 million euros for the "dieselgate" affair previous year after 1.8 billion in 2016.

Stadler promised that by 2025 Audi would offer about 20 electrified models, more than half of them will be full-electric vehicles.

Audi's chairman Rupert Stadler stressed the importance of performance models to the brand, even in its electric portfolio. Bolstered by a new efficiency plan, "we're making Audi fit for this mission".

Audi is the next brand to square off against the likes of Tesla and its Model S. The new flagship model Q8 will hit showrooms this year.

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Audi's future is looking more and more electric, proven by the reveal of an e-tron prototype at the Geneva Motor Show, meaning its petrol-powered performance cars could be on their way out. For the electric mobility of tomorrow, the brand is collaborating closely with Porsche and Volkswagen.

Audi has chosen its Annual Press Conference in Ingolstadt to announce that a new Audi e-tron Gran Turismo 4-door coupe is in the works.

He also confirmed Audi is looking to build on its initial three dedicated electric models with a fourth battery propelled offering in the form of a compact SUV. Late this year, the company's first fully electric series- produced model will be launched- the Audi e-tron. With numerous phase-outs and its overall largest number of same-year model launches happening at once, Audi is coming back strong after facing continuous suffering throughout 2017 on the heels of the dreaded Dieselgate controversy.

While the e-tron GT is set to be based on the Porsche developed J1 platform, the e-tron quattro SUV uses an Audi developed electric vehicle architecture known internally as C-BEV - underpinnings that are also planned to be used by the production version of the e-tron Sportback.



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