Audi’s retreat from its pledge to abandon new combustion engines is yet another grim marker of the West’s faltering ...

Audi CEO Gernot Döllner said the company is reassessing its plan, first announced in 2021, to launch its final model equipped ...

Audi Group’s revenue 2024 (January to December) fell by 7.6% to €64.53bn ($70.51bn) from €69.86bn recorded in 2023 due to ...

A final date-of-reveal hasn't been set, though a report from Italy alleges the unveiling will happen in the European Summer ...

Audi has announced that it will cut 7,500 jobs in Germany by 2029 in areas like administration and development. This was ...

Audi has been struggling with weak sales in key markets, exacerbated by the cost of shutting down production at its Brussels plant. The company is set to report its full-year financial results for ...

The third-generation TT went out of production in 2023, but the rumour mill has been whirling with rumours about its rapid ...

In its business figures for 2024, the Volkswagen Group brand reports the industry-standard downward correction of around a ...

German luxury automaker Audi has announced plans to cut 7,500 jobs in Germany by 2029 as part of a cost-cutting initiative aimed at addressing declining sales, intense competition, and the challenges ...

Audi and Porsche are the latest in a growing list of automakers announcing major job cuts.

Audi has already implemented significant workforce reductions in production since 2019, aiming to free up resources for its transition to EVs.

Audi's profits collapsed in 2024, as the Volkswagen subsidiary reported on Tuesday a 33% decline in after-tax profits to €4.2 billion ($4.6 billion). Audi - like many other car manufacturers - ...