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    Ashish Khanna, Global CEO, Dentsu Global Services

    Dentsu Appoints Ashish Khanna as Global CEO, Dentsu Global Services

    India Start-Ups Shine: Three Named Awardees of DBS Foundation’s Grant Programme 2022

    Global Economy’s “Speed Limit” Set to Fall to Three-Decade Low

    Christchurch welcomes back Emirates’ A380

    Sabre announces agreement with Capillary Technologies to help airlines and hoteliers delight travelers through next-generation customer loyalty programs

    Suite Dreams at Old Trafford: Experience a Marriott Hotels Room Like No Other

  • Business

    Atos Provides an Update Regarding the ongoing Strategic Discussions with Airbus

    Air India Group completes major milestone in the integration of Air India Express and AirAsia India

    Cathay Cargo brings automation and shipment visibility to postal shipments with Cathay Mail

  • Health

    Bobba Group opens 75,000-square-foot tech-enabled warehouse on Bellary Road

    Novel treatment for Parkinson’s disease – Deep Brain Stimulation with Brainsense technology offered at Kasturba Hospital Manipal

    Breakthrough In Facial Nerve Schwannoma Treatment, Apollo Doctors Perform Endoscopic Transcanal Excision

    Primus Senior Homes teams up with LiveAltlife to conduct a diabetes awareness session

    “Diabetes is a serious & rapidly growing lifestyle health issue in the world.- Mr. James Joseph, Founder, Jackfruit365.com

    INDIA’S FIRST ALL-DIGITAL RESTAURANTS – KFC SMART RESTAURANTS

  • Technology
    • All
    • Environment
    • Science

    Wadhwani AI has Signed an MoU with the Government of Karnataka to Promote the Welfare of Farmers Across the State

    Wipro Recognized As A ‘Leader’ in the ISG Provider Lens™ 2022 for Future of Work – Services and Solutions in the Swiss and US markets

    Novel treatment for Parkinson’s disease – Deep Brain Stimulation with Brainsense technology offered at Kasturba Hospital Manipal

    o9 Solutions Delivers End-to-End Supply Chain Transformation at Godfrey Phillips India

    Chennai-based HR firm CIEL announces Strategic Investment in Tech Platforms as part of its IPO Roadmap

    Concept Communication announces AVTR META LABS – India’s First Content Driven Meta Influencer Company

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    BMW India Introduces New Diesel Variants of the BMW X3

    From-L-R-Mr.-Anuj-Kathuria-President-India-JK-Tyre-Indust-JK-Tyre-Industries-scaled.jpg
March 29, 2023

    “We are excited to have entered the luxury car tyre market with Levitas Ultra and are keen to address our customers’ emerging needs”-Mr. Anuj Kathuria, President (India), JK Tyre & Industries Ltd

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    BCCI Announces Herbalife as its Official Partner for TATA IPL 2023

    Bowring Institute to host Tennis Summer Camp

    TATA IPL 2023 BANGALORE TROPHY TOUR

  • Entertainment

    WATCHO Exclusives premieres crime thriller series, “EXPLOSIVE”

    Intel Reports Fourth-Quarter and Full-Year 2022 Financial Results

    Chandrajit Banerjee, DG, CII conferred award by Italian Government

    Mirchi 95 collaborates with Cult.Fit to create the first-ever drive-time workout

    Dar Al Arkan introduces Trump signature villas, hotel, and golf course at its hilltop project ‘AIDA’ in Muscat, Oman

    Dar Al Arkan introduces Trump signature villas, hotel, and golf course at its hilltop project ‘AIDA’ in Muscat, Oman

    Ravi Kale, Dheeraj Kumar, Sasha Chettri, Madhav Kodad, Manoj Joshi and Shyam Kumar Reddy

    Poster and Teaser of Hindi – Telugu Film Prestitute Launched

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    Last date for linking of PAN-Aadhaar extended

    Seagram’s Royal Stag Boombox Puts Forth a Sensational On-ground Experience in Bhubaneswar, Odisha with Musicians Badshah, Jasleen Royal, Dino James and DJ Yogii

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    Her zest to live gives longer life expectancy to Mrs. Sugandha Jadhav for her treatment at Wockhardt Hospitals, Mumbai Central

    ISKCON Delhi to Celebrate its 25th Anniversary on Rama Navami

    PM takes metro ride, in Bengaluru on March 25, 2023.

    PM inaugurates Whitefield (Kadugodi) to Krishnarajapura Metro Line of Bangalore Metro Takes Metro ride

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    Bobba Group opens 75,000-square-foot tech-enabled warehouse on Bellary Road

    SPOTTED! Ananya Panday Styled in JIMMY CHOO’s India-Exclusive SHAAN Capsule Collection

    The Lip Balm Company Celebrates 1st Anniversary with the Launch of Nayanthara Queen Bee Collection

    Havells Launches Unconventionally Beautiful Range of Storage Water Heaters- Otto and Orizzonte

    Ramanujan Intellion Park, Chennai

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CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”

FWM by FWM
March 16, 2023
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03/16/23 Ingolstadt

AUDI AG’s Annual Media Conference saw CEO Markus Duesmann and CFO Jürgen Rittersberger address current topics. Alongside the key financials for the 2022 fiscal year, the pair focused on strategic decision-making, spotlighting holistic sustainability, and the upcoming model initiative. The key statements at a glance:

On the year 2022 and the annual financial statements …

Markus Duesmann: “Even here in Germany, we are feeling the impact of the Russian war of aggression against Ukraine quite directly – primarily due to energy shortages, supply bottlenecks and the challenging geopolitical situation. In view of this volatile environment, we can be particularly proud of what we achieved last year. This result required lots of hard work and collaborative efforts.”

Jürgen Rittersberger: “We responded to the challenges of 2022 consistently and by taking active countermeasures. These factors and the great dedication of our entire team have made it possible to announce a strong financial performance.”

Jürgen Rittersberger: “Our operating profit stood at a record 7.6 billion euros. Operating return on sales reached a strong 12.2 percent. All this shows that we navigated the turbulent year of 2022 well and consistently made the most of opportunities. The same goes for our strong net cash flow, which hit the second-highest level in our company’s history.”

Jürgen Rittersberger: “2022 was an impressive demonstration of just how robust and profitable our Brand Group of Audi, Bentley, Lamborghini and Ducati really is.”

On the product portfolio and the upcoming model initiative …

Markus Duesmann: “Sales of all-electric models increased by 44 percent year on year. The high demand for our Audi Q4 e-tron, Audi e-tron GT

and Audi e-tron models confirms that we are on the right track toward e-mobility.”

Markus Duesmann: “We are on the verge of the biggest product initiative in our history. By 2025, we will have launched around 20 new models, more than 10 of which will be all-electric. We have set the course to go 100% electric. By 2027, we seek to offer an all-electric vehicle in each core segment. We recently decided to launch an additional electric entry-level model below the Audi Q4 e-tron as well.”

Markus Duesmann: “The upcoming Audi Q6 e-tron model series is the first to be based on the new Premium Platform Electric. With it, e-mobility is coming from Ingolstadt for the first time.”

On holistic sustainability …

Markus Duesmann: “To make sure we are in a viable position in such a different environment going forward, we will also be adapting our organizational structure. By consolidating key topics such as ESG, digitalization and new business models in the CEO’s division, we are lending them even greater weight.”

Markus Duesmann: “We are acutely aware of our responsibility in dealing with resources. That’s why the circular economy plays such an important role for us. In the future, we will recycle secondary materials from end-of-life vehicles back into the production of our cars. As part of our MaterialLoop pilot project, we are working with suppliers, recycling companies and academic partners to upskill in this area.”

Jürgen Rittersberger: “At Audi, ESG goes beyond the product. We are convinced that a sustainable business model includes not only environmental considerations but also social responsibility. We have our performance measured by an independent rating agency based on strict criteria.”

On the outlook for 2023 …

Jürgen Rittersberger: “We have again set ambitious annual goals for 2023, even as general conditions will remain challenging.”

Markus Duesmann: “Demand for e-mobility remains high. In January and February 2023, our sales of all-electric vehicles worldwide were up almost 40% compared to the same months last year. February also marked the launch of the Q8 e-tron in most European countries. We have some 20,000 pre-orders on the books, confirming that demand for sustainable electric mobility is booming.”

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