October 23, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    New Audi A8 images from Barcelona, July 2017

    Audi on Tuesday announced a significant restructuring scheme, cutting around 9,500 jobs until 2025 in an effort to embrace production to the e-mobility era and gain billion-euro cost savings.

    “The resulting savings of around 6 billion euros will safeguard the strategic operating profit margin corridor of 9 to 11% and will be invested in projects of the future such as electrification and digitalization,” the company stated.

    Audi is among the world’s leading premium brands and remains a member of the Volkswagen Group since 1965.

    Audi stated that the cost savings would be achieved by 2029.


    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.