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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:

Audi CEO Rupert Stadler: Ducati is not for sale

"Ducati is not for sale." Those words, attributed to Audi CEO Rupert Stadler, are about as clear and definitive as can be, and they reiterate a previous statement about the potential sale of the premium Italian motorcycle brand that was made in March of this year. "[Ducati and Lamborghini] belong to Audi and, together with us, have an excellent future," said Stadler. Thing is, Audi, as well-off and established as it may be, still falls under the Volkswagen umbrella. And, as you're surely aware, things haven't exactly been smooth sailing for the VW Group over the last several months. The German automaker has squirreled away billions of dollars in anticipation of the legal fallout that's sure to come from the falsification of vehicle emissions data, and that's going to leave the company strapped for cash. All of that bad news led to speculation that VW could sell off some of its non-core businesses. What of the future of the Scania and Man heavy truck brands? Those don't currently appear to be on the auction block, either. VW's continued involvement in the HD truck segment was announced as part of the brand's TOGETHER - Strategy 2025 plan, in which Volkswagen outlined plans to push further into vehicle electrification and vehicle autonomy. Related Video: News Source: Asphalt & RubberImage Credit: Malte Christians/AFP/Getty Earnings/Financials Audi Lamborghini Volkswagen Motorcycle Performance Ducati Scania

Lamborghini Centenario possibly revealed in patent photos

Newly published Lamborghini patent images might give us a preview of the upcoming Centenario, which celebrates the hundredth anniversary of Ferruccio Lamborghini's birth. The low-slung design features a pointed nose, and the profile has an arc running from the tip of the front to the rear. The shape looks like it would slice through the air, and the massive diffuser is definitely attention grabbing at the rear. From the top, there appears to be a small, roof-mounted vent into the engine compartment. Three exhausts poke out the rear, including a slightly smaller one in the center. In traditional Lamborghini fashion, visibility out the back seems practically nonexistent. Hopefully, the company mounts a camera back there to make life easier. Lamborghini reportedly bases the Centenario on the Aventador, which seems likely from these renderings. The company allegedly plans to build 20 coupes and 20 convertibles for $2.4 million each, and power would come from a more potent version of the supercar's V12. Rumors suggest we might see the Centenario launch at the Geneva Motor Show in early March, but the debut might be perfunctory. Even at the astronomical price, they're supposedly already sold out. These renderings come from the Office of Harmonization for the Internal Market, which handles patents and trademarks in the European Union. The documents with this listing unfortunately don't give away the model name, but it shows Lamborghini registered for the design patent on October 26, 2015. The renderings were just published on February 17, 2016. Related Video: