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Audi Says December Sales Up 13.9%
Audi Says November Car Sales Up 23.1%
Audi Plans Investments Of 12 Bln Eur In Electric Mobility By 2024
Audi AG is a Germany-based developer and producer of automobiles. It operates through two segments: Automotive and Motorcycles. The Automotive segment manufactures passenger cars and sports cars through the brands Lamborghini and Audi, including the models A1, A3, A4, A4, A5, A6, A7, A8, Q2, Q3, Q5, Q7 and R8. The Motorcycles segment produces motorcycles through the Ducati brand. The Company markets also the brands Bentley, Seat, Skoda, Volkswagen Pkw and Volkswagen Nutzfahrzeuge through Volkswagen Group Italia SpA, Audi Volkswagen Korea ltd, Audi Volkswagen Middle East fze, Audi Singapore PTE ltd, Audi Volkswagen Taiwan Co ltd. The Company is a subsidiary of Volkswagen AG and operates production facilities in Europe, the Americas and Asia.
Auto & Truck Manufacturers
Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Vice Chairman of the Supervisory Board, Employee Representative
Member of the Board of Management, Finance, IT and Integrity
Member of the Management Board for Sales and Marketing
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Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand.
Volkswagen's luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift towards electric vehicle production.
Audi on Tuesday announced a major restructuring scheme, slashing around 9,500 jobs until 2025 in an effort to adopt production to the e-mobility era and achieve billion-euro cost savings.
Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.
Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said.
Talks with labour representatives on cutting costs at Volkswagen's luxury car unit Audi are making progress, an Audi spokesman said on Tuesday.
Volkswagen's <VOWG_p.DE> premium unit Audi <NSUG.DE> wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labour representatives have hit a logjam, two sources familiar with the matter told Reuters.
Volkswagen on Friday installed former BMW executive Markus Duesmann to reinvent Audi after the German premium brand lost key engineering know-how and influence in the wake of the 2015 diesel-cheating scandal.
Volkswagen on Friday said former BMW executive Markus Duesmann will take over as head of Audi as of April 1, 2020.
German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto said on Monday.
German auto maker Audi's fully-electric e-tron sports utility vehicle was the top-selling car in Norway last month with an 8.3% market share, registration data showed on Friday.
- Source link https://economictimes.indiatimes.com/industry/auto/auto-news/four-years-into-a-slide-audi-hopes-to-fight-back-with-new-cars/articleshow/70941308.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23
German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated over his role in Volkswagen's emissions test cheating scandal.
Prosecutors have filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen's emissions cheating scandal, the public prosecutor's office in Munich said on Wednesday.
Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.
* MAY SALES DOWN 5.4 PERCENT TO 151,900 CARS, JAN-MAY DOWN 5.8 PCT TO 739,450 CARS
German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests.
Aeva Inc, a startup company founded by former Apple Inc engineers Soroush Salehian and Mina Rezk, has signed a sensor-system deal with an Audi-owned unit that is working on self-driving technology for Volkswagen AG.
Aeva Inc, a startup company founded by former Apple Inc and Nikon Corp engineers, has signed a sensor-system deal with an Audi-owned unit that is working on self-driving technology for Volkswagen AG.
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