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 - ...

A MAJOR car brand is preparing to axe 7,500 jobs in a huge cost-saving drive. Audi is planning to slash the huge number of roles at its German sites by 2029 as part of a broader plan. The ...

The cut represents some 8% of the carmaker's global workforce. It is the latest blow to the German automotive industry, which ...

Last year, new energy vehicles, which include EVs and plug-in hybrids, accounted for 47.6 percent of China's passenger car ...

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's ...

Reduction in workforce over the next four years comes admits ongoing sales losses both at home and in key exports markets, such as China.