Audi trims profit forecast again amid tariffs and costly EV transition

Core Insights - Volkswagen's premium brand Audi has lowered its full-year profitability guidance for the second time this year due to challenges from US import tariffs and costs associated with its electric vehicle (EV) transition [1] Group 1: Financial Performance - Audi's profitability guidance has been revised downwards, indicating a negative impact on financial performance for the year [1] Group 2: Market Challenges - The company is facing increased costs related to US import tariffs, which are affecting its overall profitability [1] - The transition to electric vehicles is also contributing to rising costs, further straining Audi's financial outlook [1]