Audi Dials Back Outlook on China Slump, Competition in Europe
Audi cut its full-year earnings outlook after the slump in China worsened during the third quarter and competition in Europe intensified, prompting deeper cost cuts.
By William Wilkes · Bloomberg Markets
Audi cut its full-year earnings outlook after the slump in China worsened during the third quarter and competition in Europe intensified, prompting deeper cost cuts.