Roundup: Audi profit slumps as U.S. tariffs squeeze German auto giants


  • World
  • Tuesday, 29 Jul 2025

BERLIN, July 28 (Xinhua) -- German premium carmaker Audi announced on Monday that its net profit plummeted by 37.5 percent year-on-year in the first half of 2025.

According to its latest financial report, Audi's net profit fell to 1.35 billion euros (1.57 billion U.S. dollars). The company primarily attributed the sharp decline to significantly higher costs stemming from U.S. auto tariffs that came into effect in early April.

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