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Audi: record profit as 'biggest product initiative' in its history gets underway

Audi Group CEO Markus Duesmann   Even as the Audi Group (VOW.DE), VW’s luxury division, is in the midst of a huge EV transformation it still needs to perform where it counts — the bottom line. And so it is doing just that.  On Thursday the Audi Group - which is dominated volume-wise by Audi, but also includes Bentley, Lamborghini, and Ducati - posted record revenue and operating profit in 2022. That shouldnÂ’t be a surprise given what the industry has been seeing at the highest end of the market - record performances despite macroeconomic jitters across the globe. But that it's happening as the group is noteworthy.  “We are on the verge of the biggest product initiative in our history,” Audi Group CEO Markus Duesmann said at a news conference earlier on Thursday. “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.”   This is all part of Audi GroupÂ’s Vorsprung 2030 plan, which seeks to have all of the groupÂ’s new models be electric by 2026 — and to end traditional gas-powered engine production by 2033. To that end, the group saw EV deliveries jump 44% (in 2022) compared to 2021 to over 118,000 vehicles, with the share of EVs rising to 7.2% from 4.8% in the prior year. Audi is also launching its first EV using the PPE (premium platform electric), which was developed together with Porsche. That EV, the Audi Q6 e-tron, will be unveiled later this year. (Past Audi EVs shared corporate parent VWÂ’s electric platform.) “With the Audi Q6 e-tron, e-mobility is coming from Ingolstadt (Audi HQ) for the first time,” Duesmann said in a statement. “To this end, weÂ’re also building a dedicated battery assembly facility on site. This will enable us to retain important know-how here in Germany and train our employees in future fields.” AudiÂ’s German rivals of course are also leaning in hard on their EV transformations. That makes it all the more important that Audi get its EV strategy right—and launched in a timely manner.

2023 Chicago Auto Show Mega Photo Gallery: See all the new cars from the show

The 2023 Chicago Auto Show played host to a number of reveals this year, and we were there to capture all of them. In traditional auto show fashion, that means you’re getting a mega gallery of galleries to flip through and see all the vehicles on the show floor. Our EditorsÂ’ Picks from the show are already out — spoiler alert, the 2024 Toyota Grand Highlander took home the prize. That said, there were other important reveals like the 2024 Volkswagen Atlas and Atlas Cross Sport and the 2024 Subaru Crosstrek. We also learned some interesting tidbits, such as the fact that VW is considering a pickup, and Jeep owners really are plugging in. To see the photos, scroll on down and start flipping through those galleries.   2024 Toyota Grand Highlander 2024 Toyota Grand Highlander View 7 Photos 2024 Volkswagen Atlas 2024 Volkswagen Atlas View 14 Photos 2024 Volkswagen Atlas Cross Sport 2024 Volkswagen Atlas Cross Sport View 7 Photos 2024 Ford Mustang Dark Horse with its carbon fiber wheels 2024 Ford Mustang Dark Horse with carbon fiber wheels View 7 Photos 2024 Chevrolet Corvette E-Ray 2024 Chevrolet Corvette E-Ray View 10 Photos Jeep Wrangler Anniversary Editions Jeep Wrangler Anniversary Editions View 3 Photos 2023 BMW XM 2023 BMW XM View 6 Photos Ram Revolution Concept Ram Revolution Concept View 6 Photos NASCAR Chicago Street Race Pace Car — Toyota Camry NASCAR Chicago Street Race Pace Car ? Toyota Camry View 4 Photos Everything else at the 2023 Chicago Auto Show Lamborghini Countach LPI 800-4 View 12 Photos Related video: Chicago Auto Show BMW Buick Chevrolet Ford GM GMC Hummer Jeep Lamborghini RAM Toyota Volkswagen Truck Coupe Crossover SUV Concept Cars Electric Hybrid Luxury Off-Road Vehicles Performance Supercars Sedan

Lamborghini and Bentley rack up record sales in 2022

Sister companies Lamborghini and Bentley independently announced that they set a sales record in 2022. Both firms posted a big increase in deliveries, and their announcement comes shortly after Bugatti and Rolls-Royce released their own record-breaking 2022 sales figures. Lamborghini delivered 9,233 cars in 2022, an increase of 10% over 2021 (which was a record year as well). Its best-selling model is the Urus, which accounted for 5,367 deliveries (a 7% increase over 2022). That's not surprising; SUVs sell well. What's rather stunning is that Huracan deliveries soared by 20% to 3,113 examples in 2022. Finally, Lamborghini delivered the last 753 examples of the Aventador. Geographically, the United States remains Lamborghini's biggest market; the company delivered 2,721 cars there in 2022 (an increase of 10% over 2021). China takes second place with 1,018 deliveries (up 9%) followed by Germany (808 cars; up 14%), the United Kingdom (650 cars; up by 15%), and Japan (546 cars; up 22%). All told, deliveries in the EMEA region(Europe, Middle East and Africa) jumped by 7% to 3,484 cars. The company's outlook for 2023 is bright. It will notably unveil the Aventador's hotly-anticipated successor, and the yet-unnamed model will stand out as its first series-produced hybrid model. Its historic factory in Sant'Agata Bolognese, Italy, will keep busy as well. "We now have the opportunity to focus on our next objectives also thanks to an 18-month waiting list," said company boss Stephan Winkelmann. While it's too early to tell if 2023 will be another record year for Lamborghini, executives stress that they want to keep the company's growth in check. The aim isn't to rival, say, BMW in terms of volume. "The idea will always be to have one car less than demand," Andrea Baldi, the head of the Americas region for Lamborghini, told Autoblog in 2022. "We will never become unexclusive. That is a promise." Bentley is celebrating for many of the same reasons: It sold 15,174 cars in 2022, an increase of 4% over 2021 and its first annual result above the 15,000-unit mark. Here again, there are some interesting surprises hidden in the numbers. Its best-seller was the Bentayga, it represented 42% of the firm's sales, and 2022 was the big SUV's most popular year — that's an impressive feat for a car released in 2015. The Continental GT range represented 30% of sales and the Speed variant accounted for 31% of those. The Flying Spur represented the remaining 28%.

These were our favorite cars of 2022

Favorite cars is different than best cars. The idea of "best" can speak to value and overall competitiveness in a given vehicle segment. There's lots of objectivity involved and to do a "best" list right, one really must be very thorough and as scientific as possible. This is not that list. This is about our favorites, so objectivity be damned. If we liked a Challenger Hellcat because it made loud noises or a Honda Odyssey because it made for a particularly special family vacation, fair game. These were the cars that most spoke to our collection of editors and the ones that stayed in our minds and hung in our hearts long after they left our driveway. — Senior Editor James Riswick 2022 GMC Hummer EV Senior Editor, Green, John Beltz Snyder: I didn't particularly expect to like the new Hummer. I wasn't a fan of the Hummer H2 or H3, so I wasn't automatically enthusiastic about this electric reboot. Fast EVs aren't hard to come by — and, in fact, may be too easy to come by — so its performance specs weren't enough to win me over. Despite videos to the contrary, pickups aren't my favorite vehicular format. And its excessive size and weight turned me off ... until I finally got behind the wheel.  This thing is wildly entertaining to drive. Watts to Freedom launch control is a neat party trick, sure, but the novelty wears off quickly. The novelty of Crab Walk, however, has staying power. The rear-wheel steering makes this behemoth feel much smaller than it is — the maneuverability is incredible, and useful. The air suspension provides tons of clearance, including a ridiculously high-riding Extract mode. I can't wait for lesser versions of the Hummer to make their way to market. Give me less power (for less money), but keep the off-road tricks onboard, and I'll be a happy camper. Senior Editor, Consumer, Jeremy Korzeniewski: If I could afford to put one of these in my driveway, I would. Sadly, I can't, so I won't (What's that, Janet? I got the lyric wrong?). Still, I love the dumb thing. Thankfully, I have another choice down below. 2022 Porsche 911 GT3 Associate Editor Byron Hurd: Yeah, duh, Porsches are good. But there's good, and then there's GT3. This is the feeling every performance-oriented RWD tuner is trying to replicate. This is hard, precise, surgical and immensely satisfying. To begin to explore this car on a public road is by itself an admission that you believe yourself to be above the rules as they apply to normal drivers.

Performance doesn't matter anymore, it's all about the feel

We've just had a week of supercars and high-end EVs revealed. Many of them boast outrageous performance specs. There were multiple vehicles with horsepower in the four-figure range, and not just sports cars, but SUVs with 0-60 mph times under 3.5 seconds. And it's not just a rarified set of supercar builders, comparatively small tuners are also building this stuff. Going fast is easy nowadays and getting easier. So what will distinguish the greats from the wannabes? It's all about how a car feels. This may seem obvious. "Of course it matters that a car should have good steering feel and a playful chassis!" you say. "Why are you being paid for this stuff?" But a lot of automakers have missed the memo. This past week I spent some time in a BMW M4 Competition convertible, and it's a perfect example of prioritizing performance over experience. It boggles my mind how a company can create such dead and disconnected steering; the weight never changes, there's no feel whatsoever. The chassis is inflappable, but to a fault, because it doesn't feel like anything you're doing is difficult or exciting. The car is astoundingly fast and capable, but it feels less like driving a car and more like tapping in a heading on the Enterprise-D. I also happened to drive something of comparable performance that was much more enjoyable: a Mercedes-AMG GT. It was a basic model with the Stealth Edition blackout package, and even though it had a twin-turbo V8 instead of a six-cylinder, it only made 20 more horsepower. The power wasn't the big differentiator, it was (say it with me) the feel. While not the best example, the steering builds resistance as you dial in lock, giving you a better idea of what's happening up front. Pulses and vibrations come back to you as you move over bumpy pavement in corners. The chassis isn't quite as buttoned down, either, providing a little bit of body roll that tells you you're pushing it. It's also easier to feel when the car is wanting to understeer or oversteer, and how your throttle and steering inputs are affecting it. The whole thing is much more involving, exciting and fun. 2021 Mercedes-AMG GT Stealth Edition View 8 Photos That's also to say nothing of the Merc's sounds. That V8 is maybe not the best sounding engine, but its urgent churn through the opened-up exhaust gets your heart racing. It also seems like it's vibrating the whole cabin, so you feel it as much as you hear it.

Lamborghini confirms Le Mans Daytona hybrid entry for 2024

Last August, Racer magazine reported that Lamborghini had green-lit a project to put a car in global endurance racing's Le Mans Daytona hybrid (LMDh) class, but wasn't ready to announce it yet. The brand's head of motorsport for the U.S. said at the time that work on a factory endurance program was "90 percent of the way there." Now, the last 10 percent has been completed, and the Sant' Agata Bolognese carmaker announced its LMDh car will start racing in 2024. The class, developed by the U.S. IMSA organization in collaboration with France's ACO, begins competing next year. Here's the refresher on the top to endurance racing categories, LMDh and Le Mans Hypercar (LMH), both of which are allowed to run in the FIA World Endurance Championship and the IMSA WeatherTech SportsCar Championship. LMDh cars use a spec chassis provided by one of four suppliers, Dallara, Ligier, Multimatic or Oreca. LMDh teams can use any engine and electronics they want, but they will all fit a spec hybrid unit supplied by Bosch, a spec lithium-ion battery from Williams Engineering, and a spec gearbox from Xtrac. Max horsepower is limited to about 680. VW sister brand Porsche opted for a Multimatic chassis powered by a turbocharged V8. Sportscar365 believes Lamborghini will buy a Ligier chassis. Since the R8 and its V10 are headed for the dustbin, Lamborghini could use a V8 as well. Every team creates its own bodywork, the limit being a 4:1 ratio of drag to downforce and a single aero package for the year to keep costs down. As the teaser shows, Lamborghinis on the track will be known by their Y-shaped DRL signatures, too.  Audi had been planning an LMDh entry, but dropped out when it confirmed its eventual entry into Formula 1. So for the moment, Lamborghini will join other LMDh manufacturers Acura, Alpine — which will switch from its current LMH car to LMDh in 2024, BMW, Cadillac, and Porsche. That latter brand is also going into F1, but hasn't axed any other programs. The LMH class is based on roadgoing hypercars, a manufacturer required to sell 20 of the retail hypercars over a two-year period to qualify. Although output's capped to around 680 hp as with LMDh, manufacturers can develop their own engines, gearboxes and hybrid systems. Discrete bodywork is allowed, held to the same drag-to-downforce ratio limit. The current LMH entries are Alpine, our own Scuderia Cameron Glickenhaus, and Toyota.

Lamborghini Huracan GT3 EVO2 learns a few tricks from the STO

Lamborghini is keeping its promise of adding new variants to the Huracan line-up. Shortly after introducing the Tecnica, the middle child of the family, it unveiled a track-only model named GT3 EVO2 that benefits from several design updates and learns a few tricks from the STO. Here is a quick refresher course. The Huracan has spawned two basic racing derivatives since it entered production in 2014. The first one competes in the Super Trofeo one-make series. It received a round of updates that notably brought the EVO2 designation in June 2021. The second one races in GT3 endurance events around the world, and it's the one that Lamborghini just made several significant changes to. Lamborghini focused on updating three main areas: the drivetrain, aerodynamics, and safety. Power for the GT3 EVO2 still comes from a naturally-aspirated V10 engine that spins the rear wheels, but it gains 10 electronically-actuated throttle bodies added to boost efficiency. Four screws secure the system to the engine, an Essenza SCV12-inspired setup that facilitates maintenance by saving mechanics time. And, for better responsiveness, air reaches the engine via a system that consists of snorkel integrated into a roof-mounted scoop. Designers and engineers worked hand-in-hand to give the GT3 EVO2 a new aerodynamic profile. Some of the changes are easy to spot: the front splitter and the rear diffuser have been redesigned. Others are hidden from view: Lamborghini re-engineered the underbody panels. We're told that new aluminum-alloy pillars similar to the STO's make the position of the massive rear wing easier to precisely adjust. On the safety front, the Huracan now comes with a roll cage that features two rear pillars, carbon-Kevlar honeycomb side panels, plus new brake pads and calipers. ABS brakes and a track-specific traction control system remain on the list of standard features. Lamborghini will begin delivering the Huracan GT3 EVO2 in the second half of 2022, and the coupe is scheduled to make its competition debut at the 2023 edition of the grueling Daytona 24 Hours. The company noted that the teams currently racing a GT3 EVO will be able to buy a retrofit kit to turn their car into an EVO2, though pricing information for the kit and for the full car hasn't been released yet.  Keeping the Huracan fresh has paid off: Lamborghini recently built the 20,000th unit, a highly impressive feat in this segment. Related Video This content is hosted by a third party.

Lamborghini builds 20,000th Huracan, looks back on eight years of production

Lamborghini is celebrating a significant milestone: It has built 20,000 examples of the Huracan, its entry-level supercar. While that number might not sound impressive, it cements the V10-powered Huracan's positioning as the Italian firm's best-selling supercar by a wide margin. Finished in an eye-catching color called Grigio Acheso Matte, the 20,000th Huracan is an STO model that was built for an anonymous buyer in Monaco, so you won't find it basking under the spotlights in Lamborghini's official museum. Reaching the 20,000-unit mark also gives the Raging Bull the opportunity to look back on an eight-year-long production run. As of writing, 71% of Huracan buyers have chosen the coupe while 29% have selected the Spyder. The model's main market is the United States; that's where 32% of examples built have been sent. Lamborghini has gone to significant lengths to keep the Huracan fresh and competitive since it started building the model in 2014. An updated variant called EVO was released for 2020; it's available with rear- or all-wheel drive, and the aforementioned STO joined the lineup shortly after to bridge the gap between the production model and the cars that Lamborghini builds for various racing series around the world. The range grew again in 2022 with the unveiling of the Huracan Tecnica, which offers a 631-horsepower V10 engine and rear-wheel drive. Keep in mind that the Huracan remains a niche model made by a small company that used to be even smaller; building 20,000 cars is an impressive feat. Lamborghini manufactured an average of 250 cars annually during the first four decades of its existence. Precisely 1,999 units of the Countach, one of the Raging Bull's most emblematic models, were built during a production run that lasted for 17 years. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2021 Lamborghini Huracan STO hitting the track

2022 New York Auto Show Roundup | All the reveals, reviews, pictures

NEW YORK — In case you missed it, the New York Auto Show took place this year after being canceled in both 2020 and 2021 due to Covid. A lot of manufacturers showed up in force, but not everybody did. No matter, we were there, and we brought you news, photos and scoops from the floor throughout the show. All of our New York-related stories can be found at our central hub here, but if youÂ’d rather just get a small taste of everything in a quick and digestible format, keep scrolling. 2023 Kia Telluride and its new X-Pro trim Kia revealed the TellurideÂ’s first major refresh at New York, and it makes the three-row crossover a little bit more desirable without screwing up what we liked about it before. ThereÂ’s a new X-Line and X-Pro trim for someone who might want a little more off-road capability, and a number of tech improvements. Most notably, a newly-designed dash features new and bigger screens. 2023 Hyundai Palisade The TellurideÂ’s sister car from Hyundai was treated to a similar refresh. Like the Telluride, Hyundai gave the Palisade a slightly revised look, a new off-road trim (called XRT in the PalisadeÂ’s case), more tech inside and a new dash design with full-width air vents. If we had to choose, weÂ’re a little more impressed with the TellurideÂ’s refresh, as a number of us on staff actually prefer the pre-refresh Palisade styling over the new one. 2023 Jeep Wagoneer L and Grand Wagoneer L This one was inevitable. Jeep revealed the longer, roomier versions of its Wagoneer and Grand Wagoneer in New York, and theyÂ’re designated with an “L” at the end of their names. Total length grows by a foot, and the wheelbase goes up by 7 inches versus the standard Wagoneer models. Jeep has essentially allocated all this extra room to the cargo area, as it now offers a staggering 44.2 cubic-feet of space behind the third row. Besides the L, Jeep announced that its new Hurricane inline-six engine would find its first home in the Wagoneer. Efficiency gets a small boost, and power is more than sufficient at either 420 horsepower (standard output) or 510 horsepower (high-output version) from the twin-turbo I-6. Chrysler Airflow Graphite Concept The Stellantis party continues with Chrysler and its slightly revised Airflow. Re-styled for the New York market after initially debuting at CES in Las Vegas, the Airflow Concept gets new paint, changed accent colors, a slightly changed interior design and a new interpretation of the Chrysler logo.

Lamborghini Huracan Tecnica boasts STO power and RWD

Lamborghini is bridging the gap between the two core versions of the Huracan with a new variant called Tecnica. Unveiled ahead of the 2022 New York Auto Show, the newest addition to the line packs a 631-horsepower V10, rear-wheel-drive, and aerodynamic updates. Developed to be equally at home on the road and on the track, the Huracan Tecnica fills the space separating the EVO and the STO. "In an era of virtual experiences, [the Tecnica] pays homage to technical purity and physical sensation," explained company boss Stephan Winkelmann. Visually, it stands out from its siblings with a redesigned front end that gains Y-shaped accents inspired by the track-only Huracan EVO2, a redesigned splitter, and air curtains integrated into the bumper (a first for the Huracan). Lamborghini notes that it gave the engine lid a new look to improve visibility, and cool-looking hexagonal exhaust outlets add a finishing touch to the muscular design. One noteworthy addition to the exterior design is the fixed rear wing. It helped engineers increase rear downforce by 35%, yet it doesn't increase drag; in fact, the Tecnica has 20% less drag compared to the EVO. New underbody panels further hone the aerodynamic profile. The cabin receives the same basic suite of technology found across the Huracan range, including a digital instrument cluster and a touchscreen-based infotainment system with Apple CarPlay, Android Auto, and Amazon Alexa compatibility, but the interface is exclusive to the Tecnica. Height-adjustable sport seats upholstered in Alcantara come standard, though several other upholstery options are available. Power for the 3,040-pound Tecnica comes from the same naturally-aspirated, 5.2-liter V10 engine found in the Huracan STO. It develops 631 horsepower at a screaming 8,000 rpm and 417 pound-feet of torque at 6,500 rpm, and it spins the rear wheels via a seven-speed dual-clutch automatic transmission linked to a pair of massive shift paddles. Lamborghini quotes a 0-to-62-mph time of 3.2 seconds; keep your foot down and the speedometer will display 124 mph in 9.1 seconds. Don't back off, and you'll reach the Tecnica's top speed of 202 mph. Rear-wheel-steering, torque vectoring, carbon ceramic brakes, and a modified Performance Traction Control System (P-TCS) help enthusiasts make the most of the 10-cylinder's output. Lamborghini adds that the suspension system has been tuned specifically for the Tecnica.