Audi’s third-quarter sales figures showed a 21% drop in US deliveries to 46,752 units, with almost every model Audi makes ...
Overall, the firm is planning to reduce its workforce by 15 per cent, while in Germany itself, the decision will impact 4,500 ...
German automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, with ...
"Audi plans ‘thousands’ of job cuts – reports" was originally created and published by Just Auto, a GlobalData owned brand.
The operating profit of German carmaker Volkswagen's subsidiary Audi plummeted by 91% in the third quarter compared to the ...
Audi plans to cut thousands of non-production jobs as part of a restructuring effort amid a decline in profits and rising ...
Audi is at a crossroads as sales are down and EVs are struggling. If that wasn’t bad enough, they’ve been saddled with an ...
Volkswagen AG’s Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending ...
The Audi Group experienced a dismal third quarter as well as a rough start to the year. The automaker blamed the disastrous result on restructuring expenses at their Brussels plant. Through the ...
Volkswagen’s premium arm, Audi Group, has reported a 91% slump in earnings on the back of Chinese sales collapsing. Third ...
A forthcoming factory closure coupled with relatively low demand spells early retirement for Audi’s pioneering electric SUV ...
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Audi’s Profits Plummet by 91%
The decline is partly due to restructuring efforts, including the upcoming closure of Audi’s factory in Brussels. The luxury automaker is grappling with heightened competition, limited access to spare ...