Audi achieved revenue of €30.1 billion (Dh130.5 billion) and operating profit of €2.7 billion (Dh11.7 billion) in the first half of 2017, improving its operating performance compared with the first half of last year.

The operating return on sales increased to 8.9 per cent but worldwide deliveries of Audi brand cars were lower than in the first half of 2016 following the temporary decrease in sales in China. In June, unit sales in China increased again and reached their highest ever level for the month of June. “The world premiere of the new Audi A8 at the first Audi Summit was the start of a major rollout of new models,” states Rupert Stadler, chairman of the board of management of Audi AG. “By the middle of 2018, we will present new generations of four more core model series. In addition, we will expand our product offering in the top segments next year with the Audi Q8 and the fully electric Audi e-tron,” he added.

Meanwhile, Audi Sport customer racing celebrated the production centenary of the Audi RS 3 LMS. The 100th example of the 350bhp racecar was presented at the first Audi Summit hosted in Barcelona.

Chris Reinke, head of Audi Sport customer racing said, “In just its debut season, we have already delivered 90 examples of our racecar to customers around the world and have received preorders up to the 100th model.”