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Audi cuts revenue forecast to €65-70 billion due to tariffs, restructuring, and market woes.
Audi lowered its revenue forecast for this year to between €65 billion and €70 billion due to higher US import tariffs, restructuring costs, and weak market trends.
The company now expects an operating margin of 5-7%, down from 7-9%, and aims to save over €1 billion annually through job cuts and efficiency measures.
Audi's first-half profit fell 37.5% to €1.35 billion, partly due to the tariffs and restructuring expenses.
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Audi recorta las previsiones de ingresos a 65-70 mil millones de euros debido a las tarifas, la reestructuración y los problemas del mercado.