Audi Turns Gloomier on Sales Outlook Due to Downturn in China

The Audi group sees lower sales and profitability this year as worsening conditions in China and US tariffs hamper the carmaker’s turnaround efforts.

By William Wilkes · Bloomberg Markets

The Audi group sees lower sales and profitability this year as worsening conditions in China and US tariffs hamper the carmaker’s turnaround efforts.