Audi plans fresh overhaul to regain lost ground to BMW, Mercedes

"We are going to work hard on our cost structures," Audi CFO Alexander Seitz said.

By:

Staff and wire reports

March 14, 2019 10:47 AM

INGOLSTADT -- Audi will present a new plan in May to regain momentum after falling behind rivals Mercedes-Benz and BMW as the brand braces for more challenges from high spending on electric cars and new emissions tests in Europe.

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