Audi Cuts 2026 Outlook on China Slump

Audi lowered its 2026 revenue and operating margin guidance due to weakening conditions in China and intense pricing pressure. The luxury carmaker now expects an operating margin of up to 5 percent, while anticipating a stronger fourth quarter.

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FILE PHOTO: The Audi logo on display during the media day at the 2026 Paris Auto Show in Paris, France, October 12, 2026. REUTERS/Benoit Tessier/File Photo

Audi reduced its 2026 revenue target to a range of €55B ($61.4B) to €59B and cut its operating margin guidance on Friday. The downgrade follows weakening market conditions in China and ongoing pricing pressure across key international markets. The revision comes just a day after parent company VOLKSWAGEN AG posted its steepest quarterly loss in over a decade.