German carmaker Audi sees half-year profits tumble by 37.5%

NAMPA / DPA

2025-07-28

Munich (dpa) - Profits for German carmaker Audi plummeted by 37.5% in the first half of the year, the company reported on Monday, citing new US tariffs, restructuring costs and struggling business in China. Post-tax earnings came in at ?1.3 billion ($1.5 billion) in the first six months of the year, the firm, which is part of the Volkswagen Group, said, announcing a third consecutive drop in year-over-year profits. Back in 2022, the Munich-based......

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