Audi reports sharply lower Q3 2026 deliveries and profit
Deliveries fell 19.6% to 319,225 cars in Q3, revenue dropped 18.5% to €12.9bn, and operating profit plunged 93.9% to €29m amid weak China demand.
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Deliveries fell 19.6% to 319,225 cars in Q3, revenue dropped 18.5% to €12.9bn, and operating profit plunged 93.9% to €29m amid weak China demand.
Electric vehicle deliveries rose by 41.3% globally. Operating profit increased to EUR 1.9 billion while deliveries reached 812,400 units.
It now expects revenue of €55–59bn and an operating return of 3.0–5.0%. Nine-month revenue fell 13% to €42.1bn and deliveries dropped 11% to 1,042,000 units.
Operating result fell to €4.33 billion from €4.72 billion and margin to 4.1%, hurt by restructuring, the Osnabrück sale and ID.4 Chattanooga discontinuation.
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Harley-Davidson (NYSE:HOG) reported mixed Q3 results, with profits and margins declining while...
Toyota Motor will announce its consolidated financial results for the fiscal period from April to September 2026 on the 5th. The market expects solid performance, driven by increased global hybrid vehicle (HV) sales and the positive impact of a weak yen. However, sales in China are struggling, and the stock price has been sluggish. Investors are watching closely to see if the earnings report can provide a path to recovery. Production and sales so far have fallen short of last year's levels. World production for the April-September 2026 period was down 2% year-on-year at 4.89 million units, while sales declined by 4%. While Japan and the U.S. remained relatively stable, ga...
The crisis is hitting Audi harder and harder: In the third quarter, only a tiny profit remains. At the same time, CEO Döllner continues to face pressure.
Volkswagen Group has reported a 98.7% year-on-year decline in profits in 2026, despite vehicle sales being within 1% of 2025's figures.
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