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Tag Archives: Audi Group
Bentley CEO Adrian Hallmark Abruptly Leaves
Adrian Hallmark, chairman and CEO of Bentley Motors Ltd.* since February 2018, is leaving the company at his own request and by mutual consent. “He is preparing for new tasks outside the Volkswagen Group with immediate effect. His successor in … Continue reading
Audi Group Q1 2025 Revenue +12.4% Profit down 12.5%
Audi AG’s overall financial performance in the first quarter of 2025 was the result of relatively weak sales, a common problem facing global automakers given the ongoing political and tariff trade wars that are negatively affecting the business environment. Audi Group is a subsidiary of Volkswagen Group.*
“The first few months of 2025 saw us take decisive steps towards repositioning our company,” said Audi CEO Gernot Döllner. “This includes the agreement for the future concluded between company management and the works council in March, which aims to increase productivity, speed and flexibility at our German sites. The year will continue to be very challenging due to the global economic conditions. But Audi has started to execute its strategy and is delivering on it. Our model initiative is now, step by step, coming onto the global markets. We are particularly encouraged by sales and order intake for our new electric models.” Continue reading →