|Bid||0.00 x 200|
|Ask||0.00 x 400|
|Day's range||691.50 - 693.75|
|52-week range||601.50 - 725.00|
|PE ratio (TTM)||12.44|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
BERLIN (Reuters) - Volkswagen's Porsche brand is seeking 200 million euros ($234 million) in damages from its luxury stablemate Audi over costs related to manipulated diesel engines, Bild newspaper reported ...
Audi (NSUG.DE) said it had resolved a legal dispute with a former engineer who sued the carmaker for wrongful dismissal and re-employment after he was fired amid investigations into the diesel emissions scandal. At a German labour court hearing in February, Audi lawyers claimed that Ulrich Weiss, former head of diesel engine development at the carmaker, knew about the emissions manipulations but had failed to inform his superiors. On Saturday, a spokesman for Audi said the working relationship with Weiss "has been terminated by mutual consent".
Audi executives Axel Strotbeck (L), Hubert Waltl (2ndL), Dietmar Voggenreiter (3rdL), and Thomas Sigi (R), pictured in 2016, have been asked to step down over firm's diesel emission scandals, though chairman ...
German luxury carmaker Audi, a Volkswagen subsidiary, issued a voluntary recall of up to 850,000 diesel vehicles, saying it would help reduce engine emissions
US officials have announced charges against a former manager with Audi -- a high-end brand in the Volkswagen group -- who directed employees to design software to cheat US emission tests
Audi, the luxury carmaker belonging to Volkswagen, is recalling 24,000 of its A7 and A8 models in Germany after finding 'anomalies' in their nitrogen oxide emissions
MUNICH/BERLIN, June 2 (Reuters) - Munich prosecutors said they have widened an investigation at Audi to examine the carmaker's sales in Germany and elsewhere in Europe after the federal government accused the Volkswagen (IOB: 0P6N.IL - news) division of cheating on emissions tests in its home market. Audi on Thursday recalled around 24,000 older A7 and A8 models in Europe, 14,000 of which were sold in Germany, to update transmission software, which it said was causing nitrogen oxide (NOx) emissions to exceed EU limits.
DGAP-News: AUDI AG / Key word(s): Quarterly / Interim Statement04.05.2017 / 10:03 The issuer is solely responsible for the content of this announcement.
German investigators searched Audi (IOB: 0FG8.IL - news) offices for a second day on Thursday in connection with the emissions scandal still rocking parent Volkswagen (IOB: 0P6N.IL - news) , according to the Munich prosecutor's office. Some 100 officials had started a search early on Wednesday of offices at Audi's headquarters in Ingolstadt, Germany and its Neckarsulm plant, at parent Volkswagen's base in Wolfsburg and several other locations including private homes. The raids, the first at Audi since VW's diesel scandal broke 18 months ago, centres on who was involved in the use of any illicit software in 80,000 VW, Audi and Porsche cars with 3.0 litre engines that were found to exceed U.S. emissions limits.
Munich prosecutors said they have launched an investigation of unknown persons in connection with the sale of around 80,000 Audi diesel vehicles in the United States on suspicion that they were fitted ...
Audi Australia marketed up to 12,000 cars as complying with stringent European standards when this was not the case, according to the Australian Competition and Consumer Commission
Germany's powerful carmakers warned uncertainty about future tariffs in the wake of a "hard Brexit" could deter investment in Britain over a number of years, hampering their largest export market. Every second new car sold in Britain comes from a German-owned brand, and every second car made in the United (Shenzhen: 000925.SZ - news) Kingdom is exported to a customer in the European Union, Germany's carmaking lobby VDA said. "An exit of Great Britain from the (EU's) common market would have significant consequences for the economy on both sides of the channel," VDA president Matthias Wissmann said in a statement to Reuters on Wednesday.
The latest suit follows last month's $14.7 billion class action settlement in Volkswagen's diesel emissions cheating scandal, which has rocked the company and exposed it to a sprawling set of legal claims ...
Audi cut its sales forecast for the year on Friday, blaming volatile currency markets and predicting that its revenue will stagnate compared with 2015 due to "challenging" conditions. The pessimistic ...