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Audi AG (NSUG.F)

NSUG.F on Frankfurt Stock Exchange

29 Mar 2017
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€-5.54 (-0.87%)
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Latest Key Developments (Source: Significant Developments)

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

Lebanon's Bank Audi board proposes FY dividend
Monday, 27 Mar 2017 06:11am EDT 

Bank Audi : Board proposes FY dividend of 753.75 pounds per common share Source :(http://bit.ly/2n8ur6M) Further company coverage: [AUDI.BY] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Audi CEO says neither home nor office has been searched
Wednesday, 15 Mar 2017 09:03am EDT 

Audi : Audi CEO says neither his private home nor office have been searched, raid is still ongoing Further company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Audi operating margin shrinks to 5.1 pct in 2016
Wednesday, 15 Mar 2017 05:05am EDT 

Audi : Says 2016 sales 59.3 billion eur versus 58.4 billion year-ago . Says 2016 operating profit 3.05 billion eur versus 4.84 billion year-ago; operating margin 5.1 percent versus 8.3 percent . Says 2016 provisions for emissions scandal 1.632 billion eur, Takata recalls 162 million eur . Says 2016 bonus to workers in Germany 3.510 eur versus 5.420 eur year-ago . Says expects 2017 auto sales, revenue to slightly exceed year-ago records . CEO says diesel crisis not over yet, ties resources . CEO says investigation of emissions scandal far from over, will keep at it until work is done . CEO says reviewing all parts of business operations in response to Dieselgate Further company coverage: [NSUG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Audi says January sales down 13.5 pct at 124,000 deliveries
Tuesday, 14 Feb 2017 05:10am EST 

Audi AG : January sales down 13.5 percent at 124,000 deliveries .January sales: China down 35.3 percent; USA up 11.4 percent; Europe up 3.1 percent.  Full Article

Audi says global sales in September rose 1.7 pct to 173,850 vehicles
Wednesday, 12 Oct 2016 05:04am EDT 

Audi AG : Says global sales in September rose 1.7 percent to 173,850 vehicles . Says global Jan-Sept sales rose 4.5 percent to 1,408,800 vehicles Further company coverage: [NSUG.DE] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Ballard says Audi AG has issued purchase orders to the company
Monday, 26 Sep 2016 04:30pm EDT 

Ballard Power Systems Inc :Says Audi AG has issued purchase orders to Ballard to accelerate certain key development activities.  Full Article

Audi posts 7.4 pct June sales growth, up 5.6 pct in H1
Monday, 11 Jul 2016 05:04am EDT 

Audi : Says global June sales rise 7.4 percent to 169,000 vehicles . Audi says H1 global sales rise 5.6 percent to 953,200 vehicles Further company coverage: [NSUG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Audi says May sales rise 6.7 pct
Thursday, 9 Jun 2016 05:01am EDT 

Audi: Global sales in May rise 6.7 percent to 164,150 vehicles thanks to new models . Jan-May global sales rise 5.3 percent to 784,250 vehicles Further company coverage: [NSUG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Audi AG - Strike threat at Audi flags risks for Hungarian growth sector - Reuters News
Wednesday, 30 Mar 2016 01:04am EDT 

Audi AG:Workers at the Hungarian plant of German automaker Audi are threatening to strike unless they get a back-dated pay rise, flagging a risk to a sector underpinning economic growth and investment - RTRS.Any disruption to the car sector, which accounts for over one-fifth of industrial output and more than a tenth of exports, would spell trouble for Hungary's economy, already expected to slow from last year's 2.9 percent growth rate.AHFSZ, a trade union at Audi's Hungarian factory in the western town of Gyor, has formed a strike committee and is seeking a 20,000 forint per month wage hike back-dated to Jan. 1, a one-off 100,000 forint bonus and higher employee benefits.It said the latest round of talks on Tuesday broke down after its strike committee unanimously rejected the two counterproposals put forth by Audi management.The body says it has gathered signatures from over 7,000 workers in support of its demands.Audi employed 11,411 people at the end of last year at what it says is the world's biggest engine factory in Gyor.An Audi spokeswoman could not comment immediately. Car sector workers earned a gross 283,936 forints ($1,025) per month on average last year according to official statistics, above the national average of 247,800 forints.The local car sector employs over 100,000 people and the problems at Audi highlight a wider problem for Hungary's economy, which has been losing workers through to migration to western Europe and elsewhere.  Full Article

More From Around the Web

UPDATE 2-VW files complaint over searches of its dieselgate law firm

* Audi supervisory board exonerates CEO Stadler, top management (Adds comment from Munich prosecutors and Audi statement)

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