
Audi expects that heavy investments to launch new models and to expand production plants will nearly halve its operating profit margin to 6 percent in 2015, a German magazine said.

Audi expects that heavy investments to launch new models and to expand production plants will nearly halve its operating profit margin to 6 percent in 2015, a German magazine said.

Volkswagen Group of America’s settlement of a class-action lawsuit over alleged defects in the continuously variable transmissions in thousands of Audi vehicles has received final approval in U.S. District Court in Los Angeles.
Since its debut back in 1998, Audi has produced half a million TT cars. Now in its second generation, the half a million milestone model is a special edition TTS competition that will be offered in coupe and roadster versions.

Volkswagen recently won a court case that stopped computer scientists from publishing an academic paper revealing the secret codes used to start luxury cars including Porsches, Audis, Bentleys and Lamborghinis.