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AUDI SALES DECLINE
Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Tesla beats Audi in global car sales for the first timeTesla sold 1.79 million vehicles last year, surpassing Audi, which sold 1.67 million vehicles. Audi struggled with weak demand in Europe an...
- Audi India 2024 sales down 27% at 5,816 unitsAudi reported a 26.6% decline in retail sales to 5,816 units in 2024 due to supply chain issues, down from 7,931 units in 2023. The company...
- Audi India expects supply chain woes to slow sales this year, bets on new modelsAudi India expects a drop in car sales in 2024 due to supply chain issues related to geopolitical uncertainties. The company anticipates be...
- India an attractive market for future, watching EV transformation closely: Hildegard Wortmann, Member of the Board of Management AUDI AGHaving placed huge bets on electrification push globally, on the EV roadmap for India, the head of global sales and marketing at Audi in a ...
- Audi supervisory board to discuss McLaren partnership on Wednesday: SourcesThe board of Volkswagen, which owns Audi, discussed the matter of getting a foot into the Formula One market at a meeting last week, said t...
- With up to 7 new launches, Audi anticipates triple-digit growth in 2020The company will be bringing back to India some of its fast-selling products like the A4, Q5 and Q7 as well as e-tron range of electric veh...
- Audi prepares to launch half a dozen new vehicles to revive salesOn Friday, Audi launched the Q2 compact sport utility vehicle at a starting price of about Rs 35 lakh, which will be its most affordable ve...
- Higher taxes, other levies hurting luxury car sales; govt must address in Budget: Audi India head"Luxury car sales are impacted by high GST rates, import duties and registration taxes, which is limiting the segment to a mere 1.2 per cen...
- Used-car business does well for Audi in bad year for autoAudi's used-car division is eyeing 50% growth in 2020, even as the division sold about 2,000 cars in 2019.
- Audi launches crossover SUV Q8 in India at Rs 1.33 croreThe BSVI-compliant crossover SUV has been imported as a completely-built unit (CBU) from the company's Germany manufacturing facility.
- Indian luxury car market to be flat in 2020, growth to return in 2021: AudiGerman automobile company Audi is cautiously optimistic about the year that will mark the transition to stricter emission norm BS-VI. "In t...
- Audi to take non-metro route to drive salesThe new strategy revolves around bringing in new models, widening geographical reach, ensuring profitability in the sales network and switc...
- Audi eyes double-digit growth in 2018We are looking double-digit growth in 2018. The market seems stable. We have several launches lined up, starting with the Q5 today, said Ra...
- Audi sales up 8.7 per cent on in JuneLuxury car maker Audi AG says its sales were up 8.7 per cent last month in year-on-year terms as demand increased in China, the United Stat...
- BMW, Audi say May car sales fell, but less sharplyGerman carmakers BMW AG and Audi AG both admitted that sales fell in May compared to a year earlier.
- Audi May sales down 6 per centGerman carmaker Audi AG said on Monday that its unit sales for May declined 6 per cent, as the recession continued to affect demand, despit...
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