supply chain issues that are impacting automobile manufacturers all over the world. It is not just Audi feeling the pinch but with the release of recent sales figures we see just how big the impact has been. Year to date (YTD) sales total 132,821 vehicles compared to 162,854 at this time last year. That is a decrease of 18.4 percent. Certified Pre-Owned (CPO) sales were hit even harder. 2022 YTD CPO sales are 25,389 versus 40,389 last year. That is a decrease 37.1 percent. But it is not all doom and gloom. The one bright spot are EV sales. The e-tron, e-tron GT, and e-tron Sportback all show sales gains compared to 2021. Audi may leverage the new U.S. federal EV tax credit rules to increase EV sales even more.
Earlier this year, the Inflation Reduction Act was passed, and it changed the rules around the federal EV tax credit. The credit is still worth up to $7,500 on the purchase of a new electric vehicle. However, the rules have changed in order to encourage EV production in the U.S. In order to be eligible for the credit the EV must be produced and assembled in the U.S. And their battery materials must be sourced from within, or from a country with which the U.S. has a trade agreement. So, what does this mean for Audi? Well, Audi has never had a U.S. car plant. But these new rules may change that.
Audi Future Plans
INSIDEEVs a recent article was published by Automotive News stating that Volkswagen Group is considering building EVs in the U.S.
