Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement ...

Audi, works council agree cost-saving package Measures to reduce costs by 1 bln eur a year in medium-term Total planned layoffs across VW Group just under 48,000 "We had to make compromises ...

Audi has announced plans to eliminate 7,500 jobs in Germany by 2029. The company also aims to reduce bureaucracy and lower personnel costs. The brand appears to be abandoning their EV-only push as ...

Audi is reassessing its plan to phase out gas engines by 2026 due to slower-than-expected EV adoption Audi reported a nearly 12% drop in sales in 2024 and said it plans to cut 7,500 jobs by 2029 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Audi is reviewing its plan to stop introducing new petrol models from next year, as a “delayed transition ...