Turkiye ScoopTurkiye Scoop
    What's Hot

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025
    Turkiye ScoopTurkiye Scoop
    Subscribe
    • Turkiye
    • Politics
    • Business
    • Opinion
    • Economy
    • Sports
    • International
    • News Analysis
    Turkiye ScoopTurkiye Scoop
    Home»Economy»German carmaker Audi records drop in sales amid struggles in China
    Economy

    German carmaker Audi records drop in sales amid struggles in China

    By Daily Sabah With DPAApril 9, 20251 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    German car manufacturer Audi saw its global deliveries fall in the first quarter of the year, despite a strong performance from its electric vehicles.

    Deliveries from January to March dropped 3.4% to 383,401 vehicles, attributed to a 7% crash in China, where the company faces intense local competition.

    Audi delivered 48,599 vehicles to North America, representing a 2.1% drop that is likely to be exacerbated by 20% US tariffs on car imports that went into force last week.

    The domestic market in Germany provided a more positive picture, with sales up 4.8% to 48,477, while deliveries in the rest of Europe were up 3%.

    Europe – including Germany – accounted for almost three-quarters of Audi’s sales of electric vehicles, which were up 30% to 46,371.

    The company, based in the southern German city of Ingolstadt, is a subsidiary of the Volkswagen Group.

    Audi is aiming to increase sales in 2025 after a difficult 2024. It announced plans in March to cut up to 7,500 jobs.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleRussia confirms 2nd round of US talks in Istanbul
    Next Article Costa Rica: Safe haven far beyond for Turkish technology sectors

    Related Posts

    Turkish stock exchange down at Wednesday’s open

    May 21, 2025

    China cuts interest rates for 1st time in 7 months

    May 20, 2025

    ‘Draw a Red Line for Gaza’ : Pro-Palestinian protesters rally in The Hague to demand Dutch action

    May 18, 2025

    UNRWA chief says over 300 staff members killed in Israeli attacks in Gaza

    May 18, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    Latest News

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025

    Turkic states summit honors Aziz Sancar for scientific contributions

    May 21, 2025

    Turkic states summit honors Aziz Sancar for scientific contributions

    May 21, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Türkiye Scoop is a leading Turkish news outlet delivering timely, accurate coverage on national and international events. With a focus on politics, economics, culture, and world affairs, it provides balanced reporting and insightful analysis. Türkiye Scoop’s strong digital platform offers readers easy access to breaking news and expert commentary, making it a trusted source for comprehensive news.

    Latest News

    UN chief ‘alarmed’ about Israel’s firing shots at diplomatic delegation

    May 22, 2025

    Izmir summit spotlights urgent need for nationwide urban transformation

    May 21, 2025
    Coverage
    • Turkiye
    • Politics
    • Business
    • Opinion
    • Economy
    • Sports
    • International
    • News Analysis

    Subscribe to Updates

    Subscribe to Türkiye Scoop for top headlines, in-depth analysis, and expert insights delivered straight to your inbox.

    Type above and press Enter to search. Press Esc to cancel.