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Audi AG (NSUG.F)

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Latest Key Developments (Source: Significant Developments)

Audi offers diesel incentives of 3,000-10,000 euros
Tuesday, 8 Aug 2017 06:01am EDT 

Aug 8 (Reuters) - Volkswagen's premium carmaker Audi :Says offers owners of older diesel cars trade-in incentives of 3,000 euros to 10,000 euros when buying new euro 6 diesel vehicles.Says trade-in incentives to be higher for buyers of plug-in hybrid models or natural gas vehicles.  Full Article

VW has had 12 bln eur dieselgate cash outflows in 2017 -CFO
Thursday, 27 Jul 2017 11:45am EDT 

July 27 (Reuters) - VW :Expects stronger Audi car sales in H2, citing orders -sales chief.Has had 15 billion euros dieselgate cash outflows to date, 12 billion of which in 2017 -CFO.Expects further dieselgate cash outflows in H2 but at significantly lower level -CFO.CFO declines comment on speculation about asset sales.Says trucks IPO no priority at the moment, focus is on boosting synergies among truck brands -CFO.Brand shows early signs of restructuring paying off but still long way to go -CFO.CFO says confident to stay below 20 billion euros on 2017 dieselgate cash outflows.CFO declines comment on Porsche Cayenne illicit software findings.  Full Article

Audi says May sales drop 2.8 pct to 159,600 cars
Thursday, 8 Jun 2017 05:04am EDT 

June 8 (Reuters) - Audi :May sales down 2.8 percent at 159,600 cars.May sales china down 4.0 percent, europe up 0.2 percent, usa up 2.5 percent.Says last days of may have shown that we will see a quick recovery of sales in china.  Full Article

Audi recalls 24,000 A7, A8 models, software updates to start in July
Thursday, 1 Jun 2017 01:28pm EDT 

June 1 (Reuters) - Audi :Says recalls 24,000 A7, A8 models, software updates to start in July.  Full Article

Audi CEO Stadler gets five-year contract extension
Wednesday, 17 May 2017 01:13pm EDT 

May 17 (Reuters) - Audi :Confirms CEO Stadler's contract to be extended for further five years.Says to upgrade integrity role, chief compliance officer in future to report directly to CFO.Works council chief says approval of contract extension tied clearly to demand for job guarantees.  Full Article

Audi April sales down 5.0 pct at 156,150 cars
Thursday, 11 May 2017 05:30am EDT 

May 11 (Reuters) - Audi AG ::April sales: China down 6.9 percent; USA up 5.1 percent; Europe down 3.2 percent.April sales down 5.0 percent at 156,150 cars.  Full Article

Audi says March sales down 6.8 pct at 173,450 cars
Thursday, 13 Apr 2017 07:58am EDT 

Audi AG : March sales down 6.8 percent at 173,450 cars; 3-month sales down 7.3 percent to 422,600 cars . Says march sales: China down 18.9 percent; USA up 1.7 percent; Europe up 1.3 percent Further company coverage: [NSUG.DE] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;)).  Full Article

Audi to start production of new Q4 model in Hungary in 2019 -agency
Monday, 10 Apr 2017 11:13pm EDT 

Audi Ag : Audi's Hungarian unit says to start production of new Q4 model at Gyor plant in 2019 -news agency MTI . Q4 "compact utility vehicle" to boost number of models manufactured in Hungary to six Further company coverage: [NSUG.DE] (Reporting by Gergely Szakacs and Krisztina Than) ((gergely.szakacs@tr.com Twitter: https://twitter.com/szakacsg ; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net)).  Full Article

Audi to acquire Silvercar Inc
Thursday, 30 Mar 2017 08:00am EDT 

Audi Ag : Audi to acquire Silvercar Inc., expand digital mobility technology and service offerings .Audi of America- Audi to acquire remaining shares of Silvercar following minority stake purchased in 2015.  Full Article

VW China venture to recall 572,422 Audi vehicles for possible airbag issue - safety watchdog
Tuesday, 28 Mar 2017 04:20am EDT 

China safety watchdog General Administration of Quality Supervision, Inspection and Quarantine says: Volkswagen AG China joint venture with China FAW Group Corp [SASACJ.UL] to recall 572,422 Audi vehicles due to potential leak in sunroof possibly causing airbag safety issue .556,196 of the recalled vehicles are made in China.  Full Article

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Audi to develop solar-embedded panoramic roof with China's Hanergy

BEIJING Audi , Volkswagen's main profit driver, on Wednesday said it was working with China's Hanergy Thin Film Power Group to integrate solar cells into panoramic glass roofs for an upcoming Audi electric vehicle (EV).

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