Updated
Updated · Bloomberg · May 5
Audi plans deeper cost cuts and job reductions by 2029
Updated
Updated · Bloomberg · May 5

Audi plans deeper cost cuts and job reductions by 2029

14 articles · Updated · Bloomberg · May 5
  • The Volkswagen unit has already reduced capacity at German factories and said 7,500 roles will go as it maintained its full-year outlook.
  • Audi said that forecast does not yet include the impact of an escalating war in Iran or President Donald Trump's threatened higher US import tariffs.
  • The measures aim to counter weakening sales in China and rising global trade costs, adding pressure on the premium carmaker's outlook in key markets.
With US tariffs and the Iran conflict crippling supply chains, how can any global carmaker guarantee its future production?
As tariffs and a China sales crisis hit, is Audi's cost-cutting plan enough to navigate this global 'perfect storm'?
Facing volatile demand and new tariffs, is the auto industry’s expensive bet on an all-electric future about to fail?