With sales down across multiple models, Audi faces a challenging road ahead. Here's a closer look at the troubling numbers.
Audi has reportedly completed its full acquisition of the Sauber Formula 1 team as it gears up to debut as a works team in the sport in 2026. This announcement
Car giant VW to wind down production at 2 factories, China could buy factories for foothold in Germany Read more at straitstimes.com.
Future production plans for carmaker Volkswagen's factory in the eastern German city of Zwickau remain in doubt, even after labour concessions in a new collective bargaining deal averted threatened plant closures.
Tesla's global auto sales topped Audi's for the first time. The Volkswagen-owned Audi delivered 1.67 million cars in 2024 compared to the 1.77 million delivered by Tesla (TSLA). Audi blames a more challenging economic environment and increased competition for the decline in sales.
The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.
Car giant Volkswagen to wind down production at two factories China could buy factories for foothold in Germany, says source Volkswagen open to selling to China buyer,
German auto giant Volkswagen saw total sales across all of its brands fall last year compared to the year before, the company reported on Tuesday. Worldwide, the Volkswagen Group delivered 9.027 million vehicles,
Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.
Volkswagen AG, the German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally in 2024, 2.3% fewer than in 2023.
Sluggish sales in China and a continued slump in the market for electric vehicles helped drag down global sales for struggling German auto giant Volkswagen in 2024, the company reported on Tuesday. Worldwide,