Wednesday, 5 August 2026 Kota Kinabalu
H Harakah News

Bold, independent coverage of Malaysian politics, business and current affairs.

Topic

#china

15 stories tagged

Audi Slashes Profit Outlook as China Struggles and Middle East Tensions Bite

Audi has downgraded its full-year financial guidance following a 21% drop in second-quarter after-tax profit to €563 million. The Volkswagen subsidiary now projects revenues between €58 billion and €63 billion, down from earlier forecasts, citing China's competitive pressures and Middle Eastern instability.

· · 5 min read