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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

How does a 600-HP Audi RS6 Avant Plus sound to you?

The 2013 Audi RS6 Avant was announced back in December with a twin-turbo V8 cranking out 560 horsepower, but Car is reporting that this badass grocery getter could get even more power with a new Plus model. In a conversation with Car, Stephan Reil, Audi's top guy at its Quattro GmbH division, told the magazine that the RS6 Avant Plus would produce around 600 horsepower, and it sounds like there is a growing family of RS Plus models being planned as well.
Aside from the more powerful engine, the specifics of the RS6 Avant Plus are unknown, but we'd suspect some weight-savings measures and updated features for improved handling. Like recent RS Plus models such as the TT RS Plus and R8 Plus, the RS6 Avant Plus will not be a limited-production unit when it goes on sale (most likely for the 2014 model year).

2018 Audi A8 spied with light camo, lots of Prologue touches

It's been a big week for Audi A8 news. First tech boss Dr. Stefan Knirsch hinted at a range-topping rival to the Mercedes-Maybach S600, and just yesterday CEO Rupert Stadler confirmed that the next-gen car would be the first Audi with autonomous driving systems. Now we have our first pictures of the new large sedan, which will be based on the VW Group's MSB platform. As expected, the 2018 A8 will take cues directly from the Audi Prologue concept, a large coupe that was first shown at the 2015 LA Auto Show. This new A8 is completely devoid of cladding, giving us a great look at its production-ready shape. We can see the Q7's strong influence on the design, especially in front. The fascia is home to a wide hexagonal grille and aggressively canted headlights. The taillights will likely be a similar shape to the Q7's, but the LED pattern is dramatically different – we can almost see individual elements on this A8, whereas the Q7 is more of a light-ribbon design. Overall, this is an attractive if somewhat anonymous look. Our spies couldn't capture any shots of the cabin, but we do expect it to resemble the concept interior Audi showed earlier this year at CES, which featured an evolved version of the Virtual Cockpit system called Virtual Dashboard. Not surprisingly, it looks like there's going to be a lot of room in the back seats. While Rupert Stadler confirmed the next A8 will debut in 2017, he didn't go as far as saying which auto show to expect it at. At this point, Geneva seems like a prime candidate. Related Video: