Audi cuts revenue forecast as profit falls and China sales weaken Audi cuts revenue forecast to €58–63bn and lowers margin guidance after Q2 profit fell; company cites weak China demand, …
Tag:
Audi
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Business
Audi lowers full-year revenue and margin forecasts after Q2 profit drop
by Leo Müllerby Leo MüllerAudi cuts 2026 revenue forecast as second-quarter profit falls and margins tighten Audi revenue forecast trimmed to €58–63bn; Q2 after-tax profit down 21% to €563m as China and US demand …
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Politics
Audi Neckarsulm workers demand VW launch affordable electric model to save jobs
by Hans Ottoby Hans OttoAudi Neckarsulm plant protest puts 15,000 jobs and call for affordable EV into spotlight More than 2,000 employees protested at the Audi Neckarsulm plant this week as politicians and unions …
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Business
Chinese automakers dominate global market as Xiaomi poaches BMW and Audi executives
by Leo Müllerby Leo MüllerChinese automakers seize spotlight as BYD, Geely and Xiaomi escalate global push Chinese automakers dominated China’s auto show, unveiling 180+ models as BYD, Geely and Xiaomi push aggressive export plans …