Audi Expects a Tough Fourth Quarter

Audi Expects a Tough Fourth Quarter

0 comments 📅31 October 2017, 18:45

This year has been a challenging one for Audi internationally, and the difficulties are set carry on.

The automaker started 2017 struggling in its biggest market, China. With issues there all wrapped up by helter-skelter midway through the year, though, things started looking better.

Now, the tariff of progress is causing Audi to brace for a tough final quarter in 2017. With the Q8, SQ5, e-Tron, A6, and more all on their way, Audi has been dumping paper money into the development budget. As a result profits are sure to be slim.

Despite that, Audi is inert expecting an operating return on sales of 8-10%. That’s thanks to an expected promote in sales over last year’s figures, thanks in no small component to the recovery in China.

Audi said in a statement that it’s ready for a “taxing fourth quarter in which advance payments for our forthcoming model offensive intention become more strongly noticeable.”

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