Audi Certified Pre-Owned Sales Posted Record July Results to Further the Audi Momentum Story

HERNDON, Va., Aug. 12 /PRNewswire/ --

• Sales of Audi Certified Pre-Owned vehicles topped July 2008 record  
• The July 2010 results increased 9.7% from year-earlier sales
• Audi residual values firming up on pre-owned vehicle market

The story of Audi momentum in the U.S. market doesn't live only with the brand's consistently strong new-vehicle sales results, which are on track to set a full-year record in 2010. Audi Certified Pre-Owned sales are also benefiting from strong consumer demand and established a new sales record for July.

In the recently concluded month, sales of Audi Certified Pre-Owned vehicles reached 2,766 vehicles. That represented a 9.7% improvement over year-earlier sales results of 2,521 vehicles and it topped the previous July Certified Pre-Owned sales record set in July 2008.

Particularly strong Audi Certified Pre-Owned sellers in July 2010 were the Audi Q7, which increased 243.7%; the Audi A3, which increased 108.1%, and the Audi TT, which increased 86.2%.

Audi is waiving the first monthly payment on Audi Certified Pre-Owned vehicles purchased through September 6th and financed through Audi Financial Services as part of the Summer of Audi Event. In July, the first payment offer proved popular among customers and helped drive the record sales result. Financing offers as low as 0.9% APR will also continue through September 6th.

The Audi Certified Pre-Owned program puts previously owned Audi models through a 300+ Point Inspection process before releasing them for sales. It further backs up the pre-owned Audi cars and SUVs with:

• 24/7 Roadside Assistance for the duration of the warranty, including trip interruption benefits; the  balance of the original 12-year Corrosion Perforation Limited Warranty, regardless of mileage;
• The balance of no-charge scheduled maintenance;
• 24-hour customer service support;
• Only vehicles with an approved CARFAX Report are considered for the Audi Certified pre-owned program;
• A factory-backed limited warranty with coverage for up to six years or 100,000 total vehicle miles.

ABOUT AUDI

Audi of America, Inc. and its 272 U.S. dealers offer a full line of German-engineered luxury vehicles. AUDI AG is among the most successful luxury automotive brands globally. During 2009 Audi outsold all other luxury brands in Europe, while in the U.S. market Audi posted the largest market share gain of any luxury automotive brand. Between 2010 and 2012 the Audi Group is planning to invest around euro 5.5 billion, mainly in new products, in order to sustain the Company's technological lead.  Visit www.audiusa.com or www.audiusanews.com for more information regarding Audi vehicle and business issues.

SOURCE Audi of America, Inc.