Upmarket German carmaker Audi on Tuesday abandoned attempts to find an investor for its plant in Brussels, which it plans to ...
BERLIN (Reuters) - Volkswagen's luxury division Audi has failed to find a buyer for its struggling plant in Brussels, a ...
Facility that makes the e-tron, now known as the Q8 e-tron, will close its shut its doors on 28 February next year.
The German marque has spoken with more than 20 potential investors but hasn't found a viable solution to keep the plant open ...
Audi’s third-quarter sales figures showed a 21% drop in US deliveries to 46,752 units, with almost every model Audi makes ...
Facing a tough market and slipping profits, Audi is banking on fresh models and streamlined operations to recover lost ground ...
No layoffs are expected until the beginning of 2025, and the plant’s management continues to talk with a potential investor who might take over the factory, although not necessarily to continue making ...
Initially, there were discussions about the plant being taken over by a Chinese company, but those negotiations have since collapsed. Audi has explained that it is in contact with a potential new ...
What had already become apparent with the unsuccessful search for an investor is becoming reality: the Audi plant in Brussels ...
Days after Volkswagen announced it was closing three factories in Germany – a first for the company – the carmaker will now ...
The operating profit of German carmaker Volkswagen's subsidiary Audi plummeted by 91% in the third quarter compared to the ...