German automaker Audi said Tuesday a potential bidder for its manufacturing site in Brussels had pulled out, ending hopes that the plant could be saved from closure.
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 ...
Facing a tough market and slipping profits, Audi is banking on fresh models and streamlined operations to recover lost ground ...
Audi’s factory in Gyor, Hungary is the largest engine factory in the world. The plant is crucial to the brand and the VW ...
Slowing sales in North America has been cited as one of the reasons for the reduction in workers. Nissan has announced that it will reduce its workforce by 9 000 jobs as it slashed its annual sales ...
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 carmaker is trying to contain the situation, with decisions that will also affect the Formula 1 project with ...
EU imposes tariffs on Chinese EVs—but can this safeguard jobs and competitiveness, or must Europe rethink its clean tech ...
Overall, the firm is planning to reduce its workforce by 15 per cent, while in Germany itself, the decision will impact 4,500 ...
Audi is at a crossroads as sales are down and EVs are struggling. If that wasn’t bad enough, they’ve been saddled with an ...