Audi Earns More than a Year Ago, but: Trump's Tariffs Cost Huge Sums
5 Articles
5 Articles
Audi increases profit 2.6-fold, despite tariffs in the USA and competition in China. Forecast remains cautious. Why the appearance is unfortunately deceptive.
With almost 1.3 billion euros, the US tariffs could burden the car company this year. Although Audi earned more in the third quarter than a year ago, the computational profit jump is deceptive, as a close look reveals.
16:36 US President Donald Trump's import tariffs are hitting Audi hard, costing the brand €1.3 billion in profit this year. Volkswagen's luxury subsidiary is therefore cutting its profit forecast...
Audi earned significantly more in the third quarter than it did a year ago. However, the computational profit jump is deceptive, as a close look reveals. And the next problems are already looming.
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