- Reuters•11 days ago
China's premium car market will grow by half over the next decade, the chief executive of high-end automaker Audi AG (NSUG.DE) said on Wednesday, citing growing personal wealth and the emergence of flourishing private enterprises as key drivers. Audi's CEO Rupert Stadler said the market would grow to around three million cars per year in a decade's time, driven by broader growth in the world's second-largest economy, rising wealth and the "entrepreneurial development" of private firms. Audi, the luxury division of Volkswagen AG (VOWG_p.DE), was an early entrant to China and remains the best-selling premium car brand in the market, although it is rapidly losing ground to newer models from Daimler AG's (DAIGn.DE) Mercedes-Benz.
- American City Business Journals•last month
Silvercar Inc., the Austin startup that allows app users to rent vehicles made by Audi AG, is being bought by the German automaker for an undisclosed amount. The buyout gives Audi an innovative piece of transportation technology while elevating Silvercar to the global stage with major financial and operational backing. The deal, which needs regulatory approval, is expected to close in the first half of 2017, according to a Thursday announcement .
- The Wall Street Journal•2 months ago
German police raided the offices and homes of Audi executives in two southern German cities in connection with a criminal investigation of the company in the wake of Volkswagen diesel emissions-cheating ...
NSU.BE : Summary for AUDI AG O.N. - Yahoo Finance
AUDI AG O.N. (NSU.BE)
Berlin - Berlin Delayed Price. Currency in EUR
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|Day's Range||642.56 - 642.56|
|52 Week Range||625.07 - 642.56|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|