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.
Sources
Latest News
12:32
New online fraud campaign: criminals present themselves as the Romanian Police and send SMS messages with alleged traffic fines and short payment deadlines.
11:30
South Korea records a historic high of 42.5°C in Yangsan, the highest temperature since 1904
11:11
The resources of the U.S. Navy are insufficient for the defense of Israel, warns the highest American military official in Europe.
10:49
Russia announces the destruction of 635 Ukrainian drones on the night from Saturday to Sunday
10:27
A strong fire broke out on Sunday morning in a parking lot in Oradea, destroying several cars.
See more news