SHANGHAI-- Audi AG dealers in China have threatened to take action against an agreement that paves the way for the country's largest auto maker to build and sell Audi vehicles there, fearing it would dilute already thinning profits as sales slow.
In the 2015 financial year, AUDI AG achieved total revenue of €58.4 billion and an operating profit of €4.8 billion. At present, approximately 85,000 people work for the company all over the world, about 60,000 of them in Germany.
Within the framework of the 10-year business plan with FAW, AUDI AG will strengthen its cooperation with the production and development departments of FAW-Volkswagen in the area of electric mobility, thereby building up key competencies for future ...
Rupert Stadler, Chairman of the Board of Management of AUDI AG, praised Mertens as a specialist with an exceptional breadth of experience: “Mertens has exceptionally broad technical expertise and an international background in the automotive industry.
Audi extends its partnership with Berlin International Film FestivalAudi extends its partnership with Berlin International Film NEW DELHI: Volkswagen owned German luxury carmaker Audi has extended its partnership with the Berlin International Film ...
This new model has been developed by Audi Electronics Ventures, a subsidiary of Audi AG that develops advanced technology. Now, it is called it the 'Deep Learning Concept' because the system learns through trials and errors to get it right.
Shanghai-listed SAIC Motor said in a letter to investors on Nov 14 that it had signed a memorandum of understanding with Audi's parent company, Volkswagen AG, to produce and sell Audi models and explore the possibility of selling smart mobility services.
The EPA has initiated proceedings against Audi (OTCPK:AUDVF) over the discovery of a newly reported defeat device, according to Bild am Sonntag, which said the regulator would hear from a senior group of VW (OTCPK:VLKAY) engineers this week.