With sales down across multiple models, Audi faces a challenging road ahead. Here's a closer look at the troubling numbers.
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Volkswagen looked back and forward this week as it reflected on, and forecast, good times. It promised a horde of new vehicles to mark its 75th year selling in Ireland. And it did so against a backdrop of ­record 2024 new-vehicle sales,
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.
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.
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.
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,
Al Nabooda Automobiles, the official importer of Audi in Dubai and the Northern Emirates, announced Jan Scheidgen as its new General Manager. With over two decades of international leadership in the automotive industry,
Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on 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.
President Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects diverse sectors including auto manufacturers such as Volkswagen,