The head of Audi has admitted the TT is “not likely to have a direct successor”, while also pouring cold water on the rumour the sportscar would be reinvented as an SUV.

Markus Duesmann, who was named Audi chairman on 1 April 2020, suggested during an interview with German magazine auto motor und sport the third-generation TT would not be directly replaced.

“The segment is shrinking and is under great pressure. So, of course, we have to think about how long we want to offer something there – and whether we don't have cooler ideas for other segments," the 51-year-old said in translated comments.

"I would say that the TT is not likely to have a direct successor,” he added.

When asked about reports the TT would be repositioned as an SUV, Duesmann said this was “a rumour I've never heard of”, adding he didn’t think such a move “would suit the car, either”.

And the R8? Well, the Audi boss pointed out he was “a huge R8 fan”.

“However, you have to develop the concept further. The way the car is currently designed is certainly not going to stay that way,” he said.

In August 2020, a report claimed Duesmann was considering killing off the TT and R8 as part of the Ingolstadt-based firm’s cost-cutting plan.