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Audi said it is still assessing the implications of the trade deal reached between the US and the European Union yesterday

Audi cuts forecast over US tariffs & restructuring costs

German automaker Volkswagen's premium brand Audi has today lowered its full-year financial guidance, citing the impact of higher US import tariffs and ongoing restructuring costs.

Business • 28 Jul

US authorities said the company's cars passed tests while emitting far more pollution in actual driving

Ex-Volkswagen managers convicted over emissions scandal

A German court has convicted four former Volkswagen managers of fraud and handed down prison sentences to two of them for their part in the manipulation of emissions controls.

Business • 26 May

Audi has already cut around 9,500 production jobs since 2019

Audi to cut 7,500 jobs in administration, development

Volkswagen's Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and development, the premium carmaker has said, the latest German auto industry player to reduce costs.

Business • 18 Mar

BMW today reported a 2.3% drop in overall vehicle sales

German premium carmakers' sales slow in China, Germany

Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers held back on purchases amid an uncertain economy and on slower than expected electric vehicle sales.

Business • 13 Jan

Volkswagen said its second-quarter earnings before interest and taxes came in at €5.46 billion, from €5.6 billion the same time last year

Volkswagen warns cost-cutting phase not over

Volkswagen has today warned that its cost cutting period was not over and would last beyond the second half of 2024, as its second-quarter operating profit fell amid higher costs.

Business • 01 Aug 24

Audi is belatedly working to catch up with German rivals BMW and Mercedes in the transition to electric.

Audi sees small 2023 sales lift ahead of big EV push

Audi should see a small sales bump this year ahead of a much stronger year in 2024 for the Volkswagen unit as its long-awaited big electric vehicle push takes off, a top executive said on Monday at Munich's IAA mobility show.

Business • 04 Sep 23

Audi to enter Formula One racing from 2026

Audi will enter Formula One from 2026 with one of the sport's existing teams and using a new power unit to be built in Germany, it said today.

Business • 26 Aug 22

Volkswagen's chief executive Herbert Diess

Volkswagen accelerates electric car push

Volkswagen said it will launch almost 70 new electric models by 2028, accelerating its rollout of zero-emission cars.

Business • 12 Mar 19

Sales of Audi cars in Europe slumped 53% in October, new figures show today

European passenger car sales slump 7.4% in October

New car registrations in Europe slumped 7.4% in October on falling demand in Germany, France, Italy and Spain, new figures show today.

Business • 15 Nov 18

Audi's monthly sales were down by 69.4% in Germany, new figures shpw

Audi warns of sales fluctuation as Europe sales slump

Volkswagen's premium brand Audi has said it expected sales in Europe to fluctuate in the coming months after a 55.5% slump in September sales due to supply bottlenecks caused by stricter anti-pollution rules.

Business • 05 Oct 18

Audi chief executive Rupert Stadler was arrested yesterday

Audi supervisory board suspends CEO - source

The supervisory board of Audi has suspended chief executive Rupert Stadler and appointed Dutchman Bram Schot as an interim replacement, a source familiar with the matter said today.

Business • 19 Jun 18

Audi CEO Rupert Stadler was being detained due to fears he might hinder an ongoing investigation into the diesel emissions scandal

Audi CEO arrested in Germany over diesel scandal

The head of Volkswagen's luxury arm Audi was arrested today, the most senior company official so far to be taken into custody over the German carmaker's emissions test cheating scandal.

Business • 18 Jun 18

Audi's announcement came a day before its annual share holder meeting, where it was hoping to focus on its electric car plans

Audi discovers more emission problems with 60,000 cars

Audi has discovered problems with emissions with another 60,000 cars.

Business • 08 May 18

Volkswagen's plant in Wolfsburg, Germany

VW seeks to curb competition from Skoda - sources

Volkswagen managers and unions are seeking to curb competition from lower-cost stablemate Skoda, according to company sources.

Business • 05 Oct 17

Audi offices searched for second day in emissions probe

German investigators searched Audi offices for a second day today in connection with the emissions scandal still rocking parent Volkswagen, according to the Munich prosecutor's office.

Business • 16 Mar 17

Audi CEO Rupert Stadler comes under more pressure as German prosecutors search the company's two biggest plants

Audi searched by German police in Dieselgate swoop

German prosecutors searched Audi's two biggest plants and other sites today in connection with the emissions scandal still rocking parent Volkswagen.

Business • 15 Mar 17

Cubic Telecom plans 60 new jobs for Dublin, while Teamwork.com is creating 50 Cork jobs

Tech firms plan Dublin and Cork expansions

Technology company Cubic Telecom has said it will create 60 jobs at its Dublin office over the next 12 months, while Cork's Teamwork.Com is planning 50 jobs in Cork.

News • 27 Oct 16

Audi postpones the construction of a new wind tunnel for a year

Volkswagen's Audi tempers spending plans for 2016

Volkswagen's flagship Audi division has reined in its spending plans for 2016 and delayed the construction of a new wind tunnel

Business • 29 Dec 15

Audi's board has appointed VW's new CEO Matthias Mueller as its chairman

Audi picks new chairman to recover from VW scandal

German carmaker Audi has appointed a new chairman and a new development chief as Volkswagen's flagship luxury division struggles to recover from an emissions scandal.

Business • 04 Dec 15

Former VW CEO Martin Winterkorn leaves Audi position too

Former VW chief quits as Audi chairman

Former Volkswagen chief executive Martin Winterkorn has stepped down as chairman of luxury brand Audi.

Business • 12 Nov 15

Daimler's Mercedes-Benz unit beat Audi by 28,474 cars in worldwide sales over the first nine months of 2015

Daimler Q3 profit surges on robust demand

New launches have spurred Daimler's luxury-car sales to record levels globally this year, eclipsing Volkswagen's Audi

Business • 22 Oct 15

Audi's sales grew at a faster rate than rivals BMW and Mercedes in December

Audi gaining on BMW in battle of luxury carmakers

BMW posted the smallest gain in December sales of Germany's top three premium-car brands as the battle with Audi and Mercedes-Benz for the luxury-sales crown is heating up.

Business • 13 Jan 14

Audi is seeking to become the biggest luxury car maker ahead of BMW

Audi plans €22bn investment over five years

Germany's Audi has said it would invest about €22 billion in new models, plants and technology in the five years through 2018.

Business • 27 Dec 13

Audi