Overview
- Audi's Q1 2025 profit fell to €630 million, a 14.4% year-on-year decline, despite a 12.4% increase in revenue to €15.4 billion.
- The company attributes the profit drop to fierce global competition, U.S. import tariffs, and provisions for stricter CO₂ regulations.
- Audi confirmed plans to cut up to 7,500 jobs in Germany by 2029 as part of ongoing restructuring efforts to reduce costs.
- Earnings from the China market declined to €170 million due to intensified local competition and pricing pressures.
- A phased rollout of new models, including electric vehicles, is underway as Audi seeks to regain market share and improve margins.