Overview
- President Trump’s 27.5% US import tariffs cost Audi around €600 million in the first half of 2025.
- Provisions for cutting 7,500 German jobs through 2029 weighed on earnings by another €600 million.
- Sales volumes fell significantly in China and the USA, contributing to a third consecutive first-half profit decline.
- Audi reduced its full-year revenue forecast by €2.5 billion to €65–70 billion and signaled lower margins.
- Management will assess details of the recent EU-US tariff deal while pushing a transformation program targeting over €1 billion in annual savings.