Volkswagen on Friday selected former BMW executive Markus Duesmann to reinvent Audi as the German premium brand appears to have lost key engineering know-how and influence following the 2015 diesel-cheating scandal. Duesmann will become chief executive of Audi and together with that he will take on board level responsibility for research and development at Volkswagen […]
Audi
Audi to increase engine production in Hungary
Audi will boost the production of engines at its Hungarian factory to 2.25 million units from 2020, Hungarian Foreign Minister Peter Szijjarto stated on Monday. An Audi spokesperson at the premium automaker’s Ingolstadt headquarters in Germany refused to discuss internal planning. “They plan to manufacture 2.25 million engines next year, and so far 2 million […]
Audi-Hydro Partner for sustainibility
Audi will Partner with Hydro for aluminium supply German automobile giants Audi have partnered with Hydro for the supply of sustainable aluminium certified by ASI. The aluminium acquired will be used to manufacture the battery housing of the Audi e-tron, the company’s first full electric model. This is an integral step in Audi’s target to […]
Audi seeks stronger ties to Porsche in cost-cutting drive
Audi will make greater utilization of vehicle platforms and technologies developed with Porsche and Volkswagen as it commences on a 15 billion euro cost-cutting and performance drive, CEO Bram Schot stated on Thursday. Audi was a key research hub within Volkswagen Group until its engineers were found developing the engine software which was capable of […]
Volkswagen’s Audi to slash 10 percent of management positions
Volkswagen’s premium auto brand Audi prepares to remove one layer of management or about 10 percent of the division’s executive positions in a cost cutting drive, the unit’s chief executive informed daily Handelsblatt. “One thing is clear, our cost base is too high,” stated Audi CEO Bram Schot. He confirmed a target for about 15 […]
Audi considers cutting night shifts at Ingolstadt plant
Volkswagen’s Audi is thinking about cutting night shifts at its Ingolstadt plant, Handelsblatt reported on Tuesday, mentioning the head of the luxury automaker’s works council. “We were verbally informed about the plans,” Handelsblatt cited Peter Mosch as stating, adding “at the moment there is no substantial written demand”. An Audi spokesman informed Reuters that cutting […]
Audi to reduce $17 billion from costs by 2022
Volkswagen’s premium brand Audi intends to cut expenses by 15 billion euros ($17 billion) by 2022, Germany’s Manager Magazin business monthly reported on Thursday, citing Audi executives. The cost cuts would assist finance projects such as a shift to electromobility at Audi, the magazine stated. A spokeswoman for Audi said cost-cutting strategies had not yet […]
U.S. grand jury indicts four Audi managers in emissions probe
A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG’s luxury Audi unit as part of the government’s probe into the German automaker’s diesel emissions cheating scandal, according to court documents. VW admitted in September 2015 to secretly setting up software in almost 500,000 U.S. vehicles to cheat government exhaust emissions […]
Audi to spend 14 billion euros in e-mobility and self-driving cars
Volkswagen‘s premium auto brand Audi stated on Tuesday it would spend 14 billion euros ($15.9 billion) through 2023 in electric mobility, digitalization and self-driving. Overall, the company’s projected expenditure for the upcoming five years amounts to 40 billion euros, the company stated. It also prepares restructuring measures that will generate 1 billion in revenues uplift […]
Audi’s electric SUV delayed for four weeks due to software bug
Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks after the planned date due to a software development issue, a representative for the German luxury car brand stated on Sunday. The spokesman stated Audi’s e-tron midsize SUV has been delayed because the automaker needs new regulatory clearance for a piece of software […]
Audi fined for 800 million euros for diesel violations
German premium car brand Audi, a division of Volkswagen, stated it was fined 800 million euros ($927 million) on Tuesday for violations associated with heavily polluting six- and eight-cylinder diesel engines. “Considering these special items the Audi Group will largely undercut major financial key performance indicators forecasted for the fiscal year 2018,” Audi stated in […]
Hans-Joachim Rothenpieler named as Audi’s new technical director
German automaker Audi named Hans-Joachim Rothenpieler on Friday as its new director for technical development. Rothenpieler replaces Peter Mertens, who has been in charge since May 2017 and has asked to release him from the company for health reasons. Having joined the Volkswagen Group in 1986, Rothenpieler has held positions of increasing importance, consisting of […]
Audi launches electric SUV in Tesla’s backyard, with help from Amazon
Audi on Monday staged the worldwide launch of a new electric sport utility vehicle on the home turf of competitor Tesla Inc, and highlighted a deal with Amazon.com Inc to make recharging its upcoming e-tron models easier. The Audi e-tron midsize SUV will be provided in the United States in 2019 at a starting cost […]
Former Audi CEO Stadler’s request to be freed from custody rejected
Former Audi Chief Executive Rupert Stadler’s request to be released from custody has been denied, the Munich court of appeal stated on Monday. Stadler was arrested in mid-June as part of a broader investigation into emissions cheating at the premium brand, that is part of Volkswagen Group. He was arrested on fears he would consider […]
Audi steps up production ahead of recent pollution regulations
Audi has stepped up production prior of a September deadline when it becomes tougher to register vehicles as roadworthy, the German premium automaker stated on Friday. From next month, automobiles need to pass new pollution regulations known as the Worldwide Harmonized Light Duty Vehicles Test procedure, or WLTP. Vehicles that are registered for sale before […]
