New passenger car registrations were up 17% in Austria in the first quarter of this year, compared to the same period in 2025, new data from Statistics Austria has found.

Volkswagen has reached a key milestone in its software partnership with Rivian, clearing the way for the next phase of investment in their joint venture.

Audi has unveiled its new Formula 1 team name and logo ahead of its 2026 debut, rebranding from Sauber as the Audi Revolut F1 Team. The team will feature Audi’s four rings and title sponsor Revolut’s branding.

Volkswagen Group is offering early retirement to all 2,300 employees at its two factories in India as part of a broader restructuring. The move aims to align manpower with current production needs and ensure the plants remain operational.

Audi has once again cut its full-year profitability forecast as U.S. import tariffs and the expensive shift to electric vehicles continue to pressure the company’s margins. The premium Volkswagen brand now expects an operating margin of 4% to 6%, down from the previous 5% to 7%, while keeping its revenue outlook unchanged.

Chinese automakers outperformed European brands Renault and Audi in August, driven by strong demand for plug-in hybrid vehicles (PHEVs), according to data from JATO Dynamics. Models from BYD, Jaecoo, and MG ranked among Europe’s top-ten PHEV sellers.

Volkswagen’s premium brand Audi has lowered its full-year financial forecast due to the impact of higher U.S. import tariffs and ongoing restructuring expenses.

Audi, a brand of German automaker Volkswagen Group, announced Monday that it will lay off 7,500 jobs in Germany in areas such as management and development until 2029, according to a press release by the firm.

India has issued a notice to German automaker Volkswagen, accusing the company of evading $1.4 billion in taxes by deliberately underreporting import duties on components for its Audi, VW, and Skoda cars.

Volkswagen on Tuesday warned it may close the Brussels site of its luxury brand Audi due to a sharp drop in demand for high-end electric cars that has hit Europe's top carmaker, forcing it to cut its margin target for the current year, News.Az reports citing Reuters.