28 July 17:39

Economy
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Audi reported a net profit of 1.3 billion euros in the first half of 2025, down 37.5% from 2024, marking the third consecutive year of decline. The company revised financial forecasts, estimating revenue of €65-70 billion. Causes include US tariffs, additional costs and a restructuring that will cut 7,500 jobs. Audi is also facing difficulties in international markets, particularly in China and the US, where demand for its luxury vehicles has fallen. The European car industry is going through a difficult period and Volkswagen, of which Audi is a part, also reported a significant drop in profits.