BUSINESSBLOOMBERG
Audi Turns Gloomier on Sales Outlook Due to Downturn in China
Audi group anticipates lower sales and profitability this year due to worsening conditions in China and US tariffs impacting its turnaround efforts.
Related Signal
Adjacent reporting
- German carmakers are suffering some of their worst declines ever in China as Q2 sales plunge 30%-41%
- Audi Pledges Cost Cuts as Trump’s Tariff Plan Threatens Outlook
- Major German carmakers hit by steep China sales plunge as competition heats up
- BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift