Luxury carmaker Audi on Tuesday said its half-yearly retail sales declined 63 per cent year-on-year to 2,128 units.

Audi's 2024 sales report is out, and it's not pretty With sales down across multiple models, Audi faces a challenging road ahead. Here’s a closer look at the troubling numbers.

Audi avoids July price hikes in the U.S. as sales drop 19%, citing tariffs, weak demand, and model transitions amid global headwinds.

Audi India Sales in 2024: German luxury carmaker Audi India on Wednesday had reported a decline of 26.6 per cent in retail sales in 2024. The sales in 2024 stood at 5,816 units compared to the ...

Still, Tesla accomplished these sales feat with its own issues. I mean, it just posted its first global deliveries decline in over a decade – moving an aforementioned 1.79 million vehicles in 2024.

Chief financial officer Jürgen Rittersberger cited several reasons on Tuesday for this decline: a 16% drop in Audi brand sales to 407,000 cars sold, "very intense price competition in Europe and ...

Despite a broader auto market surge in luxury purchases late last year, high-priced EVs struggled to attract customers over their mass-market competition.

Construction equipment maker Caterpillar on Wednesday reported a bigger first-quarter sales decline than analysts had forecast.

Audi EV Sales: Out of its overall deliveries, over 164,000 were fully electric models, marking a decline of 8% as compared to 2023, the company said.

Audi struggled with weak demand in Europe and China. Electric vehicle sales fell by 8 percent for Audi. Tesla also faced challenges, including its first annual deliveries decline in over a decade.

Tesla’s year wasn’t without issues. The US company posted its first annual deliveries decline in over a decade and only narrowly retained its lead over China’s BYD Co. as the top seller of ...